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Month in a Minute: Top Headlines from the Indian Renewable Sector in August 2024

Solar capacity additions stood at 14.9 GW in the 1H of CY 2024

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India added 14.9 GW of solar capacity in the first half 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 the second quarter (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.

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