World Bank lends $100m for Indian solar parks

The World Bank is providing $100 million (£75m) in financing to help install large-scale solar parks in India. The Shared Infrastructure for Solar Parks Project will finance the Indian Renewable Energy Development Agency (IREDA) to provide sub-loans to states to invest in solar projects. They will be mostly under the Ministry of New and Renewable […]

$200m to boost renewable projects in India

India is receiving $200 million (£128m) for green energy projects. The Indian Renewable Energy Development Agency (IREDA) will use the cash to projects including wind, biomass, hydropower and solar. The loan from the Asian Development Bank (ADB) is part of a $500 million (£320m) fund which aims to catalyse private sector investments in renewable energy. The ADB claims […]

France lends €100m for India’s renewable energy projects

France is supporting the green energy sector in India by providing a loan worth €100 million (£81m). The Indian Renewable Energy Development Agency (IREDA) will use the cash for both renewable energy and energy efficiency projects in the country. IREDA and the French Development Agency (AFD) signed a Memorandum of Understanding (MoU) this week to […]