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Solar Installations in India to Reach 4.8 GW in 2016 with a 21 GW Development Pipeline

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Mercom Capital Group, a global clean energy communications and research firm, today released its quarterly update on the Indian solar market. According to the report, India has reached 2.8 GW in solar installations year-to-date and cumulative installations have reached 8.1 GW as of August 2016. Mercom forecasts about 4.8 GW of solar to be installed in calendar year 2016. The solar project pipeline in India is now approximately 21 GW, with 14 GW under development and 7 GW scheduled to be auctioned.

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