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Higher Module Prices Raise Cost of Large-Scale, Rooftop Solar Systems in Q1 2021

The cost of raw materials used in solar projects continued to rise in Q1 2021, triggered by the impact of the second wave of COVID-19

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The average cost of large-scale solar projects first quarter of 2021 (Q1 2021) was about ₹36.6 million (~$505,308)/MW, according to Mercom’s recently released Q1 2021 India Solar Market Update.

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