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Average Cost of Large-Scale Solar Projects Fell 13% YoY in Q3

The slump in solar module prices contributed to the declining project costs

December 4, 2023

/ Urvashi Gupta
/ Mercom Research Focus, Solar
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The average cost of large-scale solar power projects in India declined by 13.4% year-over-year (YoY) in the third quarter (Q3) of 2023 following the drop in module prices.

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Urvashi Gupta

More articles from Urvashi Gupta.
IndiaMercom Research FocusSolarSolar InvertersSolar Modulessolar trackersSystem Costs
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