#JMKResearch

JMK reports dip in utility-scale solar in Q3

In Q3 2023, the solar sector experienced a slight dip in utility-scale capacity additions, with 0.85 GW added. Rooftop solar saw a 53% decrease, adding 0.7 GW. Adani dominates with 8.3 GW operational and 20.4 GW in the pipeline. The sector attracted $2,394 million in investments. Domestic module prices declined by 10-12%, and module imports…

JMK reports 25% decrease in PV installations

According to JMK Research, in Q1-Q3 2023, India added 8.5 GW of solar capacity, including 5.06 GW utility-scale, 3 GW rooftop, and 0.4 GW off-grid. Notably, there’s a 25% decrease in overall solar installations from the previous year, driven by an 84% decline in utility-scale solar, to 5.06 GW in 2023. In contrast, rooftop solar…