Large-scale solar installations in India ended four consecutive quarters of growth with a 52% QoQ decline in Q2 to 1.6 GW, according to Mercom India Research. Rooftop project costs declined QoQ also due to cheaper modules and balance of systems (BoS). The company cited "uncertainties around trade cases, module price fluctuations and PPA renegotiations" for the slowdown. In China, installed capacity fell by 8% year-on-year to 1.36 GW during Q2, down from 2.07 GW at the end of last year.
Large-scale solar installations in India ended four consecutive quarters of growth with a 52% QoQ decline in Q2 to 1.6 GW, according to Mercom India Research. The company cited "uncertainties around trade cases, module price fluctuations and PPA renegotiations" for the slowdown. In China, installed capacity fell by 8% year-on-year to 1.36 GW during Q2, down from 2.07 GW at the end of last year.