(PTI)
Solar installations in India during January-March period of this year stood at 1,737 megawatt (MW), registering a year-on-year decline of 49 per cent, mainly owing to difficulty faced by installers in getting the required approvals due to general elections, says a report.
The installations were at 3,377 MW during the same period last year, according to Mercom India Research’s ‘Q1 2019 India Solar Market Update’ report. However on a quarter-on-quarter basis, solar installations increased by 4 per cent.
“Activity in the Indian solar market was generally subdued due to general elections. Auction activity also grounded to a halt during the model code of conduct period. Rooftop installations were especially affected,” said Raj Prabhu, CEO of Mercom Capital Group.
