Daily News Wrap-Up: India’s Solar Installations Reaches 1.9 GW in Q1 2023
Government issues amendments to the Green Energy Open Access Rules
May 26, 2023
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India installed 1.9 GW of new solar capacity during the first quarter (Q1) 2023, a decline of 48% year-over-year (YoY), according to Mercom India Research’s newly released Q1 2023 India Solar Market Quarterly Update. On a quarter-over-quarter (QoQ) basis, the installations fell 30%. Nearly 1.4 GW of utility-scale solar was installed during the quarter, falling 56% YoY and 37% QoQ. Utility-scale solar accounted for almost 74% of the installations during the quarter.