According to Q3 2023 Mercom India Rooftop Solar Market Report, India recorded a 12% YoY increase, installing 1.3 GW of rooftop solar in 9M 2023. Q3 2023 alone saw a 34.7% YoY rise with 431 MW added. The cumulative rooftop solar capacity reached 10.1 GW by Q3 2023, with the residential segment driving growth due to lower component costs. the declination in the cost of rooftop solar systems is anticipated to drive C&I installations.
India’s rooftop solar capacity reaches 10.1 GW
The decline in system costs, aided by tenders and the MNRE’s program extension until 2026, is making previously unviable projects feasible. Illustration from Mercom India.
Seven manufacturers to exceed 100 GW production capacity by 2027, reports Wood Mackenzie. (Image Credit: Wood Mackenzie)
South Carolina currently has 108 solar farms with a combined capacity of 1,503 MW, generating 159,167 MWh annually. (Image Credit: SOLARbytes)
JinkoSolar’s N-type TOPCon solar module has attained 25.42% conversion efficiency. (Image Credit: JinkoSolar)
ISO 37301 certification reflects Trina Solar’s commitment to ethical business practices and regulatory compliance. (Image Credit: Trina Solar)