World Bank Gives Final Approval For $100 Million Loan For Indian Solar Power Parks
The World Bank recently gave its final approval to a $100 million loan for two large-scale solar power parks in India.
The World Bank recently gave its final approval to a $100 million loan for two large-scale solar power parks in India.
Since its first green bond launched in 2008, the World Bank has issued 127 green bonds in 18 currencies, totalling approximately $9.6 billion equivalent.
India’s rooftop solar power program received a major boost from the World Bank after that international financial institution approved a huge sum of debt funding. The World Bank recently announced that it approved $625 million to facilitate the implementation of rooftop solar power projects in India. The funding will be … [continued]