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Mercom India Report

Published on November 27, 2022
Current Context: Mercom India Research released the Q3 2022 Mercom India Rooftop Solar Market Report.
Mercom India Report
  • According to the Mercom India Rooftop Solar Market Report for Q3 2022, India installed 1.2 GW of solar capacity in the first 9 months (Jan to Sep) of the calendar year 2022 (CY22).
  • This accounts for a decline of 11% in solar installation, compared to the corresponding period in 2021.
  • The report mentioned that the maximum Rooftop Solar Installation was recorded in Maharashtra, followed by Kerala and Gujarat.
  • In the sector-wise Rooftop Solar Capacity list, the Industrial sector (46%) was at the top, followed by the Residential (32%), Commercial (21%), and Government (1%) sectors.
  • It also mentioned that Gujarat (23%) topped the list of Cumulative Solar installations, followed by Maharashtra (13%) and Rajasthan (10%).
  • Mercom India is a subsidiary of US-based Mercom Capital Group and was established in 2009 with its headquarters in Bengaluru. The current CEO of the company is Raj Prabhu.

Question:

Q.1 According to the Q3 2022 Mercom India Rooftop Solar Market Report, which state topped the Rooftop Solar Installation list?
a. Maharashtra
b. Kerala
c. Gujarat
d. Rajasthan
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