INDUSTRY NEWS

Indian solar capacity up 400% in Q1 2024

2024-05-27

A Tata Power project in the Indian state of Rajasthan. Credit: Tata Power

Indian solar installations increased by over 400% in the first quarter of 2024 to the highest quarterly deployment levels in its history.

Over 10GW of new solar capacity came online from January through March this year, a 400% year-on-year (YoY) increase from 2GW in Q1 2023 and a 414% sequential increase from just under 2GW in Q4 2023. These figures are according to Mercom Capital, an Indian market research firm.

(The above content is reproduced from pv-tech,By Will Norman)

 

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