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Daily News Wrap-Up: India Generates 30 BU of Solar Energy in Q2 2023

Renewable energy trading dips 53% YoY at the IEX in July 2023

August 8, 2023

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About 30 billion units of solar energy were generated in the second quarter of the calendar year 2023, a 20.8% YoY increase. Solar generation increased 5.5% quarter-over-quarter. Rajasthan, Karnataka, and Gujarat were the top solar energy-generating states. The country generated 59.79 BU of solar energy in the first half of 2023, up 25.5% from the 47.64 BU generated in 1H 2022. Even though solar energy generation has been witnessing steady growth, solar installations dropped in Q1 2023.

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