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

Project costs increased 10% over Q2 due to a rise in freight charges and module prices

December 14, 2021

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights

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 2021 India Solar Market Update.

Continue Reading with Premium Access

Get unlimited access to in-depth analysis, exclusive interviews, and comprehensive coverage of India's renewable energy sector.

✓Unlimited article access

✓Exclusive market insights

✓Premium research reports

✓Ad-free reading experience

Loading subscription plans...

Already a subscriber? Sign In

Arjun Joshi

Comments

Get the most relevant India solar and clean energy news.

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

Continue Reading with Premium Access

Comments

Get the most relevant India solar and clean energy news.

RECENT POSTS