+
India Boosts Rooftop Solar with $240.5 Million ADB Funding
POWER & RENEWABLE ENERGY

India Boosts Rooftop Solar with $240.5 Million ADB Funding

India is set to significantly enhance its rooftop solar capacity with a substantial $240.5 million funding from the Asian Development Bank (ADB). This investment aims to accelerate the country?s transition to renewable energy and expand its solar infrastructure.

The funding will support the installation of rooftop solar systems across various sectors, including residential, commercial, and industrial. The initiative is part of India?s broader strategy to increase renewable energy adoption and reduce dependency on fossil fuels.

ADB's support will facilitate the development of new solar projects, improve technology deployment, and promote innovative financing solutions. By enhancing rooftop solar installations, India seeks to address growing energy demands while contributing to climate change mitigation efforts.

The expanded rooftop solar capacity is expected to generate significant environmental benefits, including reduced greenhouse gas emissions and decreased reliance on non-renewable energy sources. This move aligns with India?s commitments under international climate agreements and national sustainability goals.

Additionally, the program aims to enhance energy security and provide economic benefits by creating job opportunities in the renewable energy sector. It also promotes energy independence at the local level, empowering communities with cleaner and more reliable power sources.

India?s collaboration with ADB underscores a commitment to advancing green technologies and fostering sustainable development. The expanded rooftop solar initiative represents a crucial step towards a more resilient and eco-friendly energy future.

India is set to significantly enhance its rooftop solar capacity with a substantial $240.5 million funding from the Asian Development Bank (ADB). This investment aims to accelerate the country?s transition to renewable energy and expand its solar infrastructure. The funding will support the installation of rooftop solar systems across various sectors, including residential, commercial, and industrial. The initiative is part of India?s broader strategy to increase renewable energy adoption and reduce dependency on fossil fuels. ADB's support will facilitate the development of new solar projects, improve technology deployment, and promote innovative financing solutions. By enhancing rooftop solar installations, India seeks to address growing energy demands while contributing to climate change mitigation efforts. The expanded rooftop solar capacity is expected to generate significant environmental benefits, including reduced greenhouse gas emissions and decreased reliance on non-renewable energy sources. This move aligns with India?s commitments under international climate agreements and national sustainability goals. Additionally, the program aims to enhance energy security and provide economic benefits by creating job opportunities in the renewable energy sector. It also promotes energy independence at the local level, empowering communities with cleaner and more reliable power sources. India?s collaboration with ADB underscores a commitment to advancing green technologies and fostering sustainable development. The expanded rooftop solar initiative represents a crucial step towards a more resilient and eco-friendly energy future.

Next Story
Infrastructure Transport

Vadhavan Port to Boost India’s Global Maritime Position

The Vadhavan Port, a deep-draft port on the India-Middle East-Europe Economic Corridor, is expected to increase India’s container handling capacity by 23.2 million TEUs.A series of strategic MoUs have been signed to support skill development, rural entrepreneurship, and training for local communities. These include agreements between Vadhavan Port Project Ltd (VPPL) and Yashwantrao Chavan Maharashtra Open University for training, JNPA and DG Shipping for maritime skill development, and VPPL with Sahyadri Farms to boost the agricultural value chain.Training programmes for heavy vehicle drivin..

Next Story
Infrastructure Urban

DAY-NRLM Hosts Workshop to Boost SHG-Led Health Initiatives

The Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM), under the Ministry of Rural Development, organised a two-day regional workshop in Ranchi on “Sangathan, Swasthya, Samriddhi: Women Collective’s Action on Food, Nutrition, Health and WASH (FNHW)” in collaboration with the Jharkhand State Livelihood Promotion Society (JSLPS).The event, held on 22–23 July 2025, aimed to strengthen self-help group-led interventions in health, nutrition, and sanitation. It brought together senior officials, community cadres, and FNHW representatives from 14 states and UTs, inc..

Next Story
Infrastructure Urban

Defence Chief to Attend Talisman Sabre 2025 in Australia

Chief of Integrated Defence Staff (CISC) Air Marshal Ashutosh Dixit will visit Australia from 26 to 28 July 2025 to witness the 11th edition of Exercise Talisman Sabre (TS25). The multilateral training activity is led by the Australian Defence Force and the US Armed Forces and involves 19 nations.Six officers from the Indian Armed Forces are participating in TS25 as staff planners in joint operations planning, logistics, and safety. Indian officers had previously participated in the 2021 and 2023 editions as observers.The exercise provides an opportunity to strengthen military-to-military ties..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?