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India added over 1.8 gigawatts (GW) of solar open access capacity in the first quarter of the calendar year of 2024, posting a two-fold increase from 909.3 megawatts (MW) in Q4 2023, the report titled 'Mercom India Solar Open Access Market' said.
This figure represents an almost 400 per cent year-over-year (YoY) increase compared to the over 2 GW installed in Q1 2023
India's solar installations fell dramatically last year as the country ran into difficulties acquiring the large swaths of land needed, a new research report said on Thursday.
On a quarter-on-quarter (q-o-q) basis, the capacity addition was 36 per cent higher than the 666 MW in the April-June quarter, the report said on Monday.
India's new installations of open-access solar capacity declined by 3.6 per cent to 712 MW in the second quarter of 2023, according to a report by Mercom India. However, on a quarter-on-quarter basis, the capacity addition was 24 per cent higher than the previous quarter.