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Funding in solar segment may see a significant drop

Solar segment is majorly funded by venture capital funding, public market, and debt financing. Funding levels in global economy has been brought to halt, there is minimal activity in solar market, all the solar tenders across the Globe including those of India are being postponed. This may call for a significant drop in the solar market this quarter. 

The pandemic situation due to COVID-19 has affected people's movement and industries development across the globe. It is expected by various analyst that the segment may further pick up in the second half of the year.