India installs show 10% quarter-on-quarter decline in Q1 2024 with 367MW of rooftop solar

May 31, 2024
Facebook
Twitter
LinkedIn
Reddit
Email
asian development bank
India’s Q1 installations show a 10% decline in capacity installed versus Q4, 2023 and a 24% decline year-on-year. Image: Asian Development Bank

Clean energy market research firm Mercom India has published its latest research into rooftop solar in India. The findings show that India installed 367MW of new rooftop capacity in the first quarter of 2024.

This installation total represents a 10% decline from the capacity installed in the final quarter of 2023 and a 24% decline year-on-year. This is the third consecutive quarter that Mercom’s figures have shown declining additions in the Indian rooftop solar sector, which has grown to a cumulative operational capacity of 10.8GW. In the latest quarter, rooftop solar accounted for just 3.7% of India’s total solar installations.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The rooftop solar sector continues to be concentrated in a number of states, with Gujarat, Maharashtra, Rajasthan, Kerala and Karnataka responsible for 67% of new rooftop additions in the most recent quarter. The ten largest states by rooftop solar capacity also accounted for 77% of the cumulative rooftop solar installations as of March.

Quarterly changes in Indian solar power additions. Credit: PV Tech

However, the relative struggles of the rooftop sector do not mean that Indian solar, in general, is performing poorly. As the graph above demonstrates, the first quarter was a record-breaking one for Indian solar, with the addition of 10GW of new capacity to the sector, a quarter-on-quarter increase of 400%.

Much of this growth stems from the temporary easing of the Approved List of Models and Manufacturers (ALMM), a piece of Indian legislation to prioritise the use of renewable energy technology built in India, that was suspended to encourage growth in the Indian renewable energy sector.

The ALMM came back into effect on 1 April, the day after the period covered by Mercom India’s figures, and the removal of overseas modules, notably from China, could lead to installation figures more in line with historical precedent in the coming quarters.

While government attention has been a boon for the solar sector in general, similar legislative support could be necessary to aid the rooftop sector. Last November, the Council on Energy, Environment and Water (CEEW), a policy research institute, noted that India’s rooftop installations could reach 32GW if the Ministry of New and Renewable Energy subsidises rooftop projects. Without these subsidies, CEEW expects almost negligible growth in the rooftop sector, expecting installed capacity to be no higher than 11GW.

Read Next

Premium
February 26, 2026
Analysis: As new duties threaten to block PV producers from India, Laos and Indonesia from the US market, the outcome of the Section 232 polysilicon investigation could put an end to the question of who will be next.
February 26, 2026
Developers are forecast to add a record 43.4GW of new solar PV capacity to the US power system in 2026, according to the EIA.
February 26, 2026
Indian solar manufacturer Premier Energies has unveiled a new zero busbar (0BB) TOPCon solar cell, a “first” in India, according to the company.
February 26, 2026
A round-up of several project stories in the US that have been announced this week, including OCI Energy, Arava Power, Arevon Energy and MN8.
February 25, 2026
The US Department of Commerce (DoC) has proposed a 125.87% preliminary countervailing duty (CVD) on Indian solar cells.
February 24, 2026
Atlas Renewable Energy has secured refinancing of US$3 billion for a solar and BESS portfolio in Latin America.

Upcoming Events

Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain