Rooftop solar capacity addition saw a 6.25 per cent growth to 1.7 gigawatt in 2023, supported by various factors like reduced installation cost, according to Mercom Capital. The rooftop capacity addition was at 1.6 gigawatt (GW) in 2022, the US-based research firm said in its latest report.
In October-December 2023, 406 megawatts (MW) of rooftop solar was added, down 15.9 per cent from 483 MW in the last quarter of 2022, the ‘Mercom India Rooftop Solar Market Report’ said.
