Mercom Insider

Rooftop Solar Market Needs SBI World Bank Funds to be Disbursed Quickly in Tough Times

The State Bank of India has lent only one-third of funds so far

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The rooftop solar has struggled to catch on in India with just over 4 GW installed compared to the government goal of developing 40 GW by 2022. The market declined by 33% in 2019, and 2020 is forecasted to be another tough year considering the difficulties posed by the COVID-19 pandemic.

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