Unsubsidized solar installations rise by 68% in India in Q1
- Admin
- Apr 26, 2024
- 1 min read
India saw a significant increase in new open-access solar capacity installations in the first quarter of 2023. Karnataka led in capacity additions followed by Maharashtra and Tamil Nadu. The pipeline for open-access solar projects stood at 6.4 GW as of March 2023. Decreased project costs and attractive PPA prices drove capacity additions. The cumulative installed solar open-access capacity reached 8.3 GW by March 31, 2023. Priya Sanjay, managing director at Mercom India, noted the growing demand from industries and commercial units for reducing energy costs. The report provides in-depth analysis of the solar open access segment in 17 states.
Source:
Want to read more?
Subscribe to vitaliydaviy.wixsite.com to keep reading this exclusive post.
