Installations in the Indian solar market rose by 36 per cent year-on-year during third quarter of calendar year 2019, reaching 2,170 Mw from 1,592 Mw a year ago. Compared to the second quarter of 2019, installations are up by 44 per cent. However, solar installations in the first nine months of 2019 reached 5.4 gigawatts (Gw), down 19 per cent from 6.7 Gw of capacity added in the first nine months of 2018, according to Mercom India Research.
In Q3 of 2019, large-scale installations totaled 1,925 Mw compared to 1,218 Mw in Q2 2019 and 1,157 Mw in Q3 of 2018. The large-scale solar project development pipeline for the country has increased to 22.6 Gw. About 37 Gw of solar has been tendered and was pending auction at the end of the quarter. Read More
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