India added 16.4 GW of solar capacity in the first nine months (9M) of 2024, a 167% year-over-year increase from 6.2 GW in 9M 2023, according to Mercom India Research’s Q3 2024 India Solar Market Update. These installations surpassed all previous nine-month and annual records, driven by the commissioning of several delayed projects. “Many developers expedited project completions in Q1 and Q2 to utilize imported modules amid regulatory uncertainties surrounding the ALMM. However, delayed clarity on exemptions, especially for open access and rooftop solar, posed significant challenges​,” said Priya Sanjay, Managing Director at Mercom India.