Q1 2025 (Jan-Mar) India RE Update Summary Q1 2025 (Jan-Mar) India RE update Projections Quarterly market shares Tenders Investments The investment flow in the RE sector in Q1 2025 was more than US$6232 million, which is about 34% higher than the investments in Q4 2024. Module Price Trends In Q1 2025, the price of mono-PERC 500 Wp modules stood at INR 15.39/Wp, marking a 0.70% decrease from Q4 2024 and a 22.14% year-over-year decline. PV Manufacturing In Q1…
Q4 2024 (Oct-Dec) India RE update Summary Projections Quarterly market shares Tenders Investments The investment flow in the RE sector in Q4 2024 was more than $4661 million, which is about 91.52% higher than the investments in Q3 2024. A total capacity of 5.32 GW was acquired in the fourth quarter of 2024. Module Price Trends In Q4 2024, the price of mono PERC 500 Wp modules was INR 17/Wp, marking a 13% increase from Q3 2024 and 38% decline year over year.…
Q3 2024 (Jul-Sep) India RE update Summary Projections Quarterly market shares Tenders Investments The investment flow in the renewables sector in Q3 2024 was $2360 million, which is about 13% higher than the investments in Q2 2024. Module Price Trends The domestic module prices of Mono PERC have seen a 10% decline on QoQ basis. Furthermore, there is a YoY reduction of around 30%. PV Manufacturing Adani, Waaree and Vikram Solar continued to be the leading solar module exporters for this year i.e.…
Q2 2024 (Apr-Jun) India RE update Summary Projections Quarterly market shares Tenders Investments The investment flow in the RE sector in Q2 2024 was $2088 million, which is 61.8% more than the investments in Q1 2024. Module price trends The domestic module prices of Mono PERC have seen a 4% decline on QoQ basis. Furthermore, there is a YoY reduction of around 31.7%. Quarterly Import-Export Statistics In the second quarter of 2024, solar module imports and exports have decreased by 73% and 31.3%…
