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Average Cost of Large-Scale Solar Projects Up 8% Year-over-Year

The costs have now risen nine quarters in a row

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The average cost of large-scale solar projects in the third quarter (Q3) of the calendar year (CY) 2022 was ₹45.6 million (~$559,866)/MW, a year-over-year (YoY) increase of 8%, according to Mercom’s recently released Q3 2022 India Solar Market Update.

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