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Daily News Wrap-Up: India Adds Record 15 GW of Solar Capacity in 1H 2024

Andhra regulator approves 7 GW solar power agreement with SECI

August 23, 2024

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India added 14.9 GW of solar capacity in the first half (1H) of calendar year 2024, a 282% year-over-year (YoY) increase, according to Mercom India Research’s latest Q2 2024 India Solar Market Update. The installations topped all previous half-yearly and annual installations. The commissioning of several previously delayed projects contributed to capacity additions in the year’s first half. Solar capacity added in Q2 of 2024 stood at 5 GW, up 170% YoY from 1.8 GW. However, installations fell 49% quarter-over-quarter from 9.9 GW. During the quarter, 4.3 GW of large-scale solar projects were commissioned, including nearly 1.8 GW of open-access projects.

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