Mercom Insider

India’s Q1 2024 Rooftop Solar Installations Drop to 367 MW, Down 24% YoY

Residential installations declined as many consumers delayed their rooftop solar plans

May 30, 2024

/ Gautamee Hazarika
/ Mercom Research Focus, Rooftop, Solar
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India installed 367 MW of rooftop solar capacity in the first quarter (Q1) of 2024. This accounts for a 10% quarter-over-quarter (QoQ) decrease from 406 MW and a 24% year-over-year (YoY) drop from 485 MW, according to Mercom India’s newly released Q1 2024 India Rooftop Solar Market Report.

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Gautamee Hazarika

More articles from Gautamee Hazarika.
GujaratKarnatakaMercom IndiaMercom Research FocusPM-SuryagharResidentialRooftop Solar
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