system-cost

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Average Cost of Large-Scale Solar Projects Fell 28% YoY in Q1 2024

The average cost of large-scale solar power projects in India fell 28.2% year-over-year (YoY) in the first quarter (Q1) of 2024, primarily due to a significant drop in...

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Average Cost to Develop Large-Scale Solar Projects Up by 21.6% YoY in Q4 2021

The average cost of large-scale solar projects in the fourth quarter of 2021 (Q4 2021) was approximately ₹43 million (~$566,008)/MW, according to Mercom’s recently...

March 15, 2022

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Arjun Joshi

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Mercom Research Focus

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Other
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Average Cost to Build Large-Scale Solar Projects Climbed by 23% YoY in Q3 2021

The average cost of large-scale solar projects in the third quarter of 2021 (Q3 2021) was about ₹42.4 million (~$559,828)/MW, according to Mercom’s recently released Q3...

December 14, 2021

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Arjun Joshi

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Mercom Research Focus

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Other
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Indian Solar Installations Totaled a Record 2.2 GW in Q3 as Uncertainties Loom

Indian solar installations totaled 2,247 MW in Q3 2017, up 300 MW from Q2 according to the recently released India Solar Market Update by Mercom India Research. However,...

November 21, 2017

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Priya Sanjay

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Markets & Policy

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Solar
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India Installs 4.8 GW of Solar in the First Half of 2017, Eclipsing All of 2016

1.9 GW installed in Q2 2017, over 10 GW projected in 2017 The Indian solar market added 1,869 megawatts (MW) in the second quarter of 2017, bringing installations in the...

August 9, 2017

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Priya Sanjay

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Markets & Policy

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Solar

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