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India to get over $1 billion from World Bank for Modi's solar goals

2016-06-30 14:53:00| 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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