The wind sector attracted about $ 210 million investments globally from venture capital (VC) funds during April-June. This is against $16 million investments in the sector during the previous three months of January-March.
The investments have picked up with the help of some large deals going to project developers in India, said Mercom Capital Group, llc, a global clean energy communications and consulting firm.
The funds investing in India include ReNew Power where Goldman Sachs has invested $135 million. This has raised the total investment by the global investment banking, securities and management firm in the Indian company to $385 million.