Thursday
November 2
2023

India-Led Alliance Set to Fund Solar Projects in Africa in a Boost to the Energy Transition

By Sibi Arasu

An alliance of nations that push for more solar power worldwide are set to announce nearly $35 million for projects such as mini grids and rooftop installations, mainly in Africa, according to the group’s director general.

At the sidelines of the group’s annual meeting in New Delhi on Tuesday, Ajay Mathur said the International Solar Alliance expect a $25 million investment from the Indian government, alongside its own cash injection of $10 million for smaller solar power infrastructure.

Photo courtesy of andreas160578.

Source: AP News (link opens in a new window)

Categories
Energy, Investing, Technology
Tags
energy access, off-grid energy, renewable energy, solar