Solar installations in first half of 2019 at 3.2 GW, down 35 per cent

Solar installations in India, during the first half (H1) of 2019 reached 3.2 gigawatts (GW). This is a 35 per cent decline in capacity, compared to 5.1 GW added in H1 of 2018, according to Mercom India.

In its report on Q2 2019, titled India Solar Market Update, Mercom found that the total installations in the Indian solar market declined by 14 per cent in the second quarter, reaching 1,510 MW as against 1,761 MW in Q1 2019. Installations were also lower year-over-year (YoY) compared to 1,665 MW in Q2 2018.

In Q2 2019, large-scale installations totalled 1,218 MW compared to 1,498 MW in Q1 2019 and 1,250 MW installed in Q2 2018. The large-scale solar project development pipeline has increased to 22 GW. About 34 GW of solar has been tendered and was pending to be auctioned at the end of the quarter.