Yes Bank, India’s fifth largest private sector bank, has said it will mobilise US$1 billion of financing for solar projects in India up to 2023 and US$5 billion up to 2030, while at the International Solar Alliance (ISA) conference organised at World Future Energy Summit 2018 in Abu Dhabi.
India is expected to approve a doubling of its solar parks policy to reach 40GW capacity by 2020 in the next two months, according to key figure at the Ministry of New and Renewable Energy (MNRE).
