Mercom Insider

Average Cost of Large-Scale Solar Projects Rose Marginally in Q1 2025

Higher domestic module prices have increased project costs for two consecutive quarters

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Large-scale solar project costs in India increased for the second consecutive quarter, according to Mercom’s  Q1 2025 India Solar Market Update, average project costs rose 3% quarter-over-quarter (QoQ) and 1% year-over-year (YoY).

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