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India’s Solar Capacity Soars in Q1 2024

-India added over 10 GW of solar capacity in Q1 2024, a 400% YoY increase.

-Large-scale solar capacity installations reached 9.7 GW, with 1.8 GW from open access projects.

-Lower module prices and suspended ALMM order boosted project completions.

-Record-breaking solar capacity positioned India among top three global solar markets.

-Cumulative installed solar capacity reached 82 GW, accounting for 18.5% of India’s total power capacity.

Read the full article on Mercom India

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