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Solar Tenders Plunge 53% YoY in Q1 2025, Auctions Drop 39%

More than 6 GW of solar projects were auctioned in the quarter

May 9, 2025

/ Prabha P P
/ Large Scale, Mercom Research Focus, Solar
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Government agencies floated around 14.4 GW of solar tenders in Q1 2025, a 53.1% drop compared to 30.7 GW in Q1 2024, but a 5.4% increase from Q4 2024.

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Prabha P P

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Mercom ResearchSolartenders and auctionsUtility Scale
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