Plagued by Project Delays, India’s Solar Capacity Additions Plummet by 44% in 2023

Large-scale solar installations experienced a YoY drop of 50.8%

February 22, 2024

/ Markets & Policy, Mercom Research Focus, Solar

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Solar installations in India dropped 44.1% in the calendar year (CY) 2023, with a capacity of 7.5 GW added against 13.4 GW in 2022, according to Mercom India’s Q4 & Annual 2023 India Solar Market Update.

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Gautamee Hazarika

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Plagued by Project Delays, India’s Solar Capacity Additions Plummet by 44% in 2023

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