World Bank Supports India's Solar Rooftop Program to Boost Clean Energy, Create Jobs, and Unlock Private Capital
India, July 10 -- The World Bank's Board of Executive Directors today approved financing to accelerate India's national program for solar rooftops to bring clean energy to millions of homes and create 1.7 million job opportunities across the renewable energy manufacturing, installation, and services value chain.India has committed to achieving net zero by 2070 and increasing non-fossil-fuel-based energy resources to 60 percent of its electricity mix by 2035.While large-scale solar has grown rapidly, residential solar adoption has been limited. To unlock this potential, the Government of India established the PM Surya Ghar: Muft Bijli Yojana program to incentivize solar rooftop installation for 10 million rural and urban households nationwid...
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