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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.


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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