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    Home > Chemicals Industry > International Chemical > In the first half of the year, India surpassed the United States to become the world's second largest solar market

    In the first half of the year, India surpassed the United States to become the world's second largest solar market

    • Last Update: 2022-12-28
    • Source: Internet
    • Author: User
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    In the first half of 2018 (1H), India was the world's second largest solar market, surpassing the United States' 4.
    7 GW with 4.
    9 GW of new capacity
    .
    The world's largest solar market continues to be China, which added 24.
    3 GW of solar PV capacity
    in the first half of 2018.

    In the second quarter, the United States added more solar capacity than India, with 2,273 MW compared to India's 1,599 MW
    .
    This is a reversal from the first quarter of 2018, as India installed 3,344 MW of solar PV in the first quarter, compared to 2,427 MW
    in the US.

    In the first half of this year, the world's three largest solar markets – China, India and the United States – together installed 33.
    9 GW
    .
    In the first quarter of 2018, the three major solar markets accounted for 15.
    4 GW
    of solar PV capacity.

    However, due to the expected impact on installation due to safeguard duties, module prices and policy uncertainty, the project development pipeline in India is relatively weak in the second half of the year, and the trend of large increases in the first half of the year is unlikely to continue
    .

    In the first half of 2018 (1H), India was the world's second largest solar market, surpassing the United States' 4.
    7 GW with 4.
    9 GW of new capacity
    .
    The world's largest solar market continues to be China, which added 24.
    3 GW of solar PV capacity
    in the first half of 2018.

    solar energy

    In the second quarter, the United States added more solar capacity than India, with 2,273 MW compared to India's 1,599 MW
    .
    This is a reversal from the first quarter of 2018, as India installed 3,344 MW of solar PV in the first quarter, compared to 2,427 MW
    in the US.

    In the first half of this year, the world's three largest solar markets – China, India and the United States – together installed 33.
    9 GW
    .
    In the first quarter of 2018, the three major solar markets accounted for 15.
    4 GW
    of solar PV capacity.

    However, due to the expected impact on installation due to safeguard duties, module prices and policy uncertainty, the project development pipeline in India is relatively weak in the second half of the year, and the trend of large increases in the first half of the year is unlikely to continue
    .

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