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Daily News Wrap-Up: India Installs 387 MW of Rooftop Solar Capacity in Q2

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September 1, 2023

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India added 387 MW of rooftop solar capacity in the second quarter (Q2) of 2023, down 20% from 485 MW in Q1. According to the newly released Q2 2023 Mercom India Rooftop Solar Market Report, rooftop installations dropped 0.5% year-over-year. Priya Sanjay, Managing Director of Mercom India, said, “The downward trajectory of costs began in the quarter, and to see the tangible impact of this shift will require time. Effects of the cost reduction are anticipated to manifest more prominently in the upcoming quarters.”

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