Mercom India, an exclusive knowledge partner of Intersolar India, has released its whitepaper India Solar Market Drivers and Challenges, in partnership with the Intersolar India conference. The conference will be in Bangalore from December 11 to 13, 2018.
The complimentary whitepaper provides an in-depth look at the market drivers and challenges facing the Indian solar market.
Click here to download the complete whitepaper.
Recently, Mercom India Research released Q3 2018 India Solar Market Update. According to the report, India’s cumulative solar installations have reached 6.6 GW year-to-date, with large-scale projects making up 5,382 MW and rooftop installations accounting for 1,240 MW.
Rooftop installations in Q3 2018 accounted for 435 MW, which was a 5 percent increase from 415 MW installed in Q2 2018 and a 64 percent increase compared to 265 MW installed in Q3 2017.
In Q3 2018, large-scale solar projects accounted for 73 percent and rooftop solar accounted for the other 27 percent.
“In the long-term, prospects for solar remain bright in the country. The energy transformation in the country continues and 2018 maybe the first year where solar makes up over 50 percent of new capacity additions,” said Raj Prabhu, CEO of Mercom Capital Group.
Image credit: Azure Power
Nitin is a staff reporter at Mercomindia.com and writes on renewable energy and related sectors. Prior to Mercom, Nitin has worked for CNN IBN, India News, Agricultural Spectrum and Bureaucracy Today. He received his bachelor’s degree in Journalism & Communication from Manipal Institute of Communication at Manipal University and Master’s degree in International Relations from Jindal School of International Affairs. More articles from Nitin Kabeer