Average Cost of Large-Scale Solar Projects Rose Marginally in Q1 2025

Higher domestic module prices have increased project costs for two consecutive quarters

June 12, 2025

/ Large Scale, Mercom Research Focus, Solar

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Large-scale solar project costs in India increased for the second consecutive quarter, according to Mercom’s Q1 2025 India Solar Market Update, average project costs rose 3% quarter-over-quarter (QoQ) and 1% year-over-year (YoY).

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Ajayan J S

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Average Cost of Large-Scale Solar Projects Rose Marginally in Q1 2025

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