Daily News Wrap-Up: Cost of Large-Scale Solar Projects Fell 28.2% in Q1

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June 5, 2024

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The average cost of large-scale solar power projects in India fell 28.2% year-over-year in the first quarter (Q1) of 2024, primarily due to a significant drop in module prices over the year. Since Q1 2023, large-scale solar project costs have dropped consecutively for five quarters. Q1 2024 recorded the lowest quarterly average project cost.

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Mercom Staff