Jan 25, 2017

Solar Energy : Financing for projects

there has been a spurt in growth of project funding based capital, for solar projects in India. All this is helped by the fact that the government has already announced plans for an increased target of 175 GW by 2022 of installations in the country. 

This translates into about Rs. 875,000 Cr ( around 145 bln USD)  of investment into the sector at the current pricing for setting up utility scale projects. Over time, this pricing may come down and hence the need for capital required may reduce a bit. Nonetheless, the capital requirement is huge and requires different capital pools to come together. 

Below is a list of some funds and organisations that have become active to help India move towards a cleaner future. This list, by its very nature is an evolving list and updates shall continue to be published. Do note that some of these are announcements and the fund may / may not finally materialize in its objectives.