The Saubhagya scheme to bring electricity to every household in India was launched in the state of Manipur by the Minister for Power and New & Renewable Energy.
India’s government has signed a $98 million loan agreement and US$2 million grant agreement with the World Bank to facilitate India’s 2022 renewable energy target through solar parks.
South Korean capital Seoul plans to invest US$1.55 billion in a solar plan which aims to install 1GW of PV generation capacity by 2022, according to local sources.