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World Bank Group commits $890 million to promote solar rooftop project in India
The World Bank committed USD 890 million for India's solar rooftop initiative. This funding aims to bring clean energy to millions of homes nationwide. The program will also create significant job opportunities across the renewable energy sector. India seeks to achieve net zero emissions by 2070 and increase non-fossil fuels. This support will help scale residential solar and reduce household electricity costs.
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thehindubusinessline.com
World Bank approves $890 million for India’s rooftop solar programme
The multilateral lender will also mobilise an estimated $4.2 billion in private financing through commercial loans to help households install rooftop solar systems.
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timesofoman.com
World Bank supports India’s solar rooftop programme to boost clean energy
The financing package for the program includes an $820 million loan
