Indian solar market may contract by 23% this year

Share

From pv magazine India

India will install 23% less solar capacity this year than it did in 2019, according to a new report by the International Energy Agency (IEA).

However, the IEA said that it expects the market to rebound in 2021, with capacity additions to exceed 2019 levels. The report attributed the anticipated slowdown to the poor financial health of state-owned distribution companies, and the ongoing Covid-19 crisis has only put additional pressure on them.

For the full story, please visit our pv magazine India site

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Spain’s self-consumption solar boom leaves trail of technical faults in C&I installations
27 February 2026 A survey of more than 800 Spanish C&I PV installations following the 2019–2022 self-consumption boom found significant administrative, technical a...