Google-Solar installations in India dropped by 44.1% in 2023 compared to 2022, with only 7.5 GW added.
-Large-scale solar installations saw a significant year-over-year drop of 50.8%, comprising 5.8 GW.
-Challenges like grid compliance issues and last-minute connectivity problems caused delays in project commissioning.
-MNRE waived penalties for project commissioning delays, aiming to support successful project outcomes.
-Despite challenges, cumulative solar capacity reached 72 GW, with Rajasthan, Karnataka, and Gujarat leading in installations.
-Mercom’s Q4 & Annual 2023 India Solar Market Update report covers all aspects of India’s solar market and is available for further insights.
Originally published on Mercom India