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India will be at centre of 'sunshine countries' of ISA: Suresh Prabhu

Friday, June 29, 2018, 10:47 PM

Commerce and Industry Minister Suresh Prabhu today said India will be at the centre of the 'sunshine countries' of International Solar Alliance (ISA) after achieving its target of having 170 GW of clean energy by 2022. "India is running one of the largest and most ambitious renewable energy capacity expansion programmes in the world," he said.
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ISA plans global solar bank to finance $150 billion of power projects

Monday, June 25, 2018, 8:44 PM

The International Solar Alliance (ISA) plans to approach multilateral development banks (MDBs) such as Asian Infrastructure Investment Bank (AIIB) to create a special purpose vehicle (SPV) to specifically finance solar projects, said the alliance's interim director general, Upendra Tripathy. This SPV aimed at financing $150 billion would become a World Solar Bank, said Tripathi.

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