More money flowed into renewables than coal for the third year in a row in India, with 74% of the value of loans across both sectors in 2020 going to renewable energy projects, compared with 26% to coal, although this was up 40% on the previous year
The State Bank of India (SBI) has signed agreements with the World Bank for a US$625 million facility specifically to support India’s grid-connected rooftop solar programme.
