Month in a Minute: Top Headlines from the Indian Renewable Sector in February 2025
Rising costs and supply shortages of DCR modules challenge solar programs
March 3, 2025
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India added 25.2 GW of solar capacity in the calendar year 2024, a 204% increase compared to the 8.3 GW added in 2023. According to Mercom India’s latest Q4 and Annual 2024 India Solar Market Update Report, this marks the highest annual capacity addition in the country’s history. This growth was driven by large-scale solar projects, which accounted for over 87% of the total capacity additions, with rooftop solar contributing 13%.