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India to get over $1 billion from World Bank for Modis solar goals

2016-06-30 12:23:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The World Bank said on Thursday it would lend India more than $1 billion for its huge solar energy programme, after Prime Minister Narendra Modi sought climate change funds from its visiting head. Modi is banking on India`s 300 days a year of sunshine to generate power and help fight climate change rather than committing to emission cuts like China. The World Bank loan is the global lender`s biggest solar aid for any country and comes as India has set a goal of raising its solar capacity nearly...

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