Solar’s Share in Total Power Capacity Rose to 16% in Q1 from 13.2% YoY

Renewables account for a 41% share of the overall power capacity mix

May 5, 2023

/ Markets & Policy, Mercom Research Focus, Renewable Energy

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Solar power accounted for 16% of the total installed power capacity and 38% of the total installed renewable capacity in the first quarter of 2023, up from 13.2% and 34% year-on-year (YoY), respectively.

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Arjun Joshi

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Solar’s Share in Total Power Capacity Rose to 16% in Q1 from 13.2% YoY

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