In India, in small-scale solar power market competition, the United States Agency for international development (USAID) and India Bank announced that they would give India funding support, for the solar power industry.
India RBL Bank and the United States Agency for international development recently announced a $75 million loan guarantee scheme to support the construction of India's off-grid solar power system and the roof project.
The program also includes small and medium enterprises in the pursuit of energy efficiency projects.
There are also some foreign entities, including development banks, and Indian rooftop solar markets that provided financial support.
India Government planned before March 2022, rooftop solar generation capacity up to 40 gigawatts.
According to the latest financial reports, India will need $50 billion to achieve that goal.
Earlier this year, India announced the new renewable energy sector, the Government will seek national development banks as well as other countries to pay for rooftop solar power plans to invest.
Currently, the World Bank promised to invest US $620 million, new Development Bank Asian Development Bank, and the BRIC countries are also providing 500 million dollars and 250 million dollars.
Germany Development Bank US $100 million, currently has $1.14 billion worth of funds under negotiation.
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