Rooftop solar installations rise 6.25 pc to 1.7 GW in 2023: Mercom

Mercom Capital, a US-based research firm, reported a 6.25% growth in rooftop solar capacity addition to 1.7 GW in 2023, driven by reduced installation costs. Residential installations led the way, while commercial and industrial consumers waited for prices to stabilize. The average cost of rooftop solar systems continued to decline.

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