Market Intelligence Quarterly

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%…

Q1 2024 (Jan-Mar) India RE update Report Summary Installation trends Projections Quarterly market shares Tenders Investments The investment flow in the RE sector in Q1 2024 was $1290 million which is about 26.3% lesser than the investments in Q4 2023. Module price trends The domestic module prices have seen a 6-7% decline on QoQ basis. Furthermore, there is a YoY reduction of around 27-36%. Quarterly Import-Export Statistics In the first quarter of 2024, solar module imports declined 2.4% and exports rose 103% compared…

Q4 2023 (Oct-Dec) India RE update Report Summary Installation trends Projections Quarterly market shares Tenders Investments The investment flow in the renewable energy sector in Q4 2023 was $1750 million. About $1450 million and $300 million of debt and equity were raised by various players in this quarter. Module price trends The domestic module prices have seen a 7-13% decline on QoQ basis. Furthermore, there is a YoY reduction of around 24-33%. Quarterly Import-Export Statistics Solar module imports increased by 138%, and solar…

Q3 2023 (Jul-Sep) India RE update Report Summary Installation trends Projections Quarterly market shares Tenders Investments In Q3 2023, the investment inflow in the RE sector amounted to $2,394 million. Various players raised $1,170 million through equity and $740 million through debt in this period. Module price trends The domestic module prices have seen a 10-12% decline on QoQ basis. Quarterly Import-Export Statistics In Q3 2023, solar modules imports increased significantly by 73% compared to the previous quarter. The rise in the import…