solar parks

Tim Buckley, director of energy finance studies, Australasia, Institute of Energy Economics and Financial Analysis (IEEFA), explains how significant this loan is for India and what else will be driving the targeted US$100 billion solar investment by 2022.

Grid integration and availability are the key challenges ahead for India’s solar sector, according to the latest report from consultancy firm Bridge to India.

India’s Ministry of New and Renewable Energy (MNRE) has now approved a total of 33 solar parks in 21 states with a total capacity of 19.9GW.