Average Cost of Large-Scale Solar Projects Drop 27% YoY in Q4 2023

The plunge in solar module prices brought down project costs

March 12, 2024

/ Markets & Policy, Mercom Research Focus, Solar

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The average cost of large-scale solar power projects in India declined by 26.6% year-over-year (YoY) in the fourth quarter (Q4) of 2023 following a drop in module prices.

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Average Cost of Large-Scale Solar Projects Drop 27% YoY in Q4 2023

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