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According to Mercom India Research's latest Q3 2019 Indian Solar Market Report, solar installations in India increased by 44% quarter-on-quarter in Q3 2019 to 2,170 MW, up 36%
from 1,592 MW in the same period last year.
From January to September 2019, India added 5.
4 GW of new solar installed capacity, down 19%
from 6.
7 GW in the same period last year.
In the third quarter of 2019, mass installations totaled 1,925 MW, compared to 1,218 MW in the second quarter of 2019 and 1,157 MW in the third quarter of 2018
.
India's large-scale solar project development pipeline has increased to 22.
6 GW
.
About 37.
3 GW of solar has been tendered and is awaiting auction
at the end of the quarter.
Rooftop solar installations in the third quarter of 2019 fell just 16% from the previous quarter, from 292 MW in the second quarter to 245 MW, but down 44%
from 435 MW in the same period last year.
From January to September 2019, India's total installed capacity of all new sources of electricity generation was 13 GW
.
Of this, renewable energy accounts for nearly 56%, specifically, solar energy accounts for 41.
4% and wind energy accounts for 13.
6%.
Coal accounted for nearly 44.
1%
of new capacity additions in the first September of 2019.
According to the report, India's cumulative solar installations stood at 33.
8 GW
at the end of the third quarter of 2019.
However, rooftop installations still account for only 12%
of total solar installations.
The cumulative installation of rooftop solar in the country has exceeded 4 GW, only reaching 10%
of the 2022 target of 40 GW.
Meanwhile, Mercom India Consulting lowered its 2019 forecast for total solar additions in India to 7.
3 GW, down 12%
from 8.
3 GW in 2018.
In addition, Mercom also predicted for the first time that India will achieve an annual increase of 10 GW of solar energy in 2020, provided that market conditions are stable
.
According to Mercom India Research's latest Q3 2019 Indian Solar Market Report, solar installations in India increased by 44% quarter-on-quarter in Q3 2019 to 2,170 MW, up 36%
from 1,592 MW in the same period last year.
From January to September 2019, India added 5.
4 GW of new solar installed capacity, down 19%
from 6.
7 GW in the same period last year.
In the third quarter of 2019, mass installations totaled 1,925 MW, compared to 1,218 MW in the second quarter of 2019 and 1,157 MW in the third quarter of 2018
.
India's large-scale solar project development pipeline has increased to 22.
6 GW
.
About 37.
3 GW of solar has been tendered and is awaiting auction
at the end of the quarter.
Rooftop solar installations in the third quarter of 2019 fell just 16% from the previous quarter, from 292 MW in the second quarter to 245 MW, but down 44%
from 435 MW in the same period last year.
From January to September 2019, India's total installed capacity of all new sources of electricity generation was 13 GW
.
Of this, renewable energy accounts for nearly 56%, specifically, solar energy accounts for 41.
4% and wind energy accounts for 13.
6%.
Coal accounted for nearly 44.
1%
of new capacity additions in the first September of 2019.
According to the report, India's cumulative solar installations stood at 33.
8 GW
at the end of the third quarter of 2019.
However, rooftop installations still account for only 12%
of total solar installations.
The cumulative installation of rooftop solar in the country has exceeded 4 GW, only reaching 10%
of the 2022 target of 40 GW.
Meanwhile, Mercom India Consulting lowered its 2019 forecast for total solar additions in India to 7.
3 GW, down 12%
from 8.
3 GW in 2018.
In addition, Mercom also predicted for the first time that India will achieve an annual increase of 10 GW of solar energy in 2020, provided that market conditions are stable
.