Average Large-Scale Solar System Cost Declined by 12%, Rooftop by 9% YoY in Q1 2020
System costs have continued to decline despite the pandemic
June 2, 2020
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The average large-scale solar system cost was approximately ₹35 million (~$0.46 million) in Q1 2020, 12% lower compared to ₹40 million (~$0.53 million) during Q1 of 2019, according to Mercom’s recently released Q1 2020 India Solar Market Update. Costs were down by 3% compared to Q4 2019.