India emerged as 3rd largest solar market in world

India emerged as the 3rd largest solar market in the world in 2017 behind China and the US, as per latest report by Mercom Communications. As per the report “India Solar Market Leaderboard 2018”, India set a new record with 9.6 GW of solar installations in 2017, which was more than double the 4.3 GW installed in 2016. The robust growth boosted the country’s total solar installed capacity to 19.6 GW as of December 2017.