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Q4 & Annual 2019 India Solar Market Update

India installed 7,346 MW of solar capacity in the calendar year (CY) 2019, a 12% decline year-over-year (YoY), compared to 8,338 MW in 2018, according to Mercom India Research’s newly released Q4 & Annual 2019 India Solar Market Update. Large-scale solar projects accounted for 85% of installations with 6,242 MW (7% YoY decline) and rooftop solar made up the remaining 15%, adding 1,104 MW (33% YoY decline).