The US Agency for International Development (USAID) and the Asian Development Bank (ADB) late March signed a memorandum of understanding (MoU) to provide $848 million of funding for the development of solar parks across India.
Tag: Solar Parks
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Mission Solar
IndiaĆĀ“s approach of focussing largely on utility-scale solar parks and aggressive pricing has attracted a lot of scepticism. The renewable energy sector has shown tremendous growth over the last two years.
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Sunshine in the Solar Sector
Paradoxically though, in a country with the fourth largest coal reserves, per capita electricity consumption is abysmally low and a significant number of Indians either have little or no access to electricity, while others face challenges in accessing uninterrupted and reliable electricity supply.