July 11, 2012. The solar sector attracted total funding of over ' 24,000 crore through 66 deals, including two Indian transactions -- Reliance Power and Azure Power --, in April-June this year, says a report. According to the Mercom Capital Group's second quarter funding and M&A activity report for solar sector, global venture capital funding saw a slight uptick with 32 deals amounting to USD 376 million, even in tough solar market. The report analysed funding on the basis of four categories: project funding, VC funding, debt funding and others. Two Indian deals -- Reliance Power securing a USD 103 million loan from Asian Development Bank (ADB) and Azure Power securing USD 70.4 million in long-term financing from the Export Import Bank of the US -- were listed in the project funding category. Reliance Power secured ADB loan for for its 100 MW CSP project while Azure Power get financing for expanding its 5 MW solar PV project to 40 MW. Of the VC deals downstream firms, received the most with USD 133 million in nine deals, followed by thin film companies with USD 121 million in four deals this quarter, Mercom Capital said.