World Bank funds India's solar rooftop programme
after close1 source ↓written by the desknot a recommendation
- install systems
- 10 million households
- energy sources
- 60%
- 2035
The World Bank has approved a USD 820 million financing package to support India’s solar rooftop programme, aiming to install systems in 10 million households. This initiative is part of the PM Surya Ghar: Muft Bijli Yojana, targeting reduced electricity costs and boosting domestic solar manufacturing. 🌞
This funding is crucial as India aims for net-zero emissions by 2070 and to increase non-fossil fuel energy sources to 60% by 2035, potentially enhancing investor interest in the renewable energy sector.
Not investment advice. For informational purposes only.