SBI Secures ?165 Million World Bank Fund for Rooftop Solar Expansion
POWER & RENEWABLE ENERGY

SBI Secures ?165 Million World Bank Fund for Rooftop Solar Expansion

The State Bank of India (SBI) has clinched a significant ?165 million funding agreement with the World Bank to accelerate the expansion of rooftop solar projects across the country. This groundbreaking initiative marks a crucial step towards sustainable energy solutions and reinforces India's commitment to reducing carbon emissions. In a strategic move to harness clean and renewable energy sources, the funds will be allocated to propel the adoption of rooftop solar installations in both urban and rural settings. This investment not only aligns with India's ambitious renewable energy goals but also positions SBI as a key player in fostering environmentally conscious practices.

The State Bank of India (SBI) has clinched a significant ?165 million funding agreement with the World Bank to accelerate the expansion of rooftop solar projects across the country. This groundbreaking initiative marks a crucial step towards sustainable energy solutions and reinforces India's commitment to reducing carbon emissions. In a strategic move to harness clean and renewable energy sources, the funds will be allocated to propel the adoption of rooftop solar installations in both urban and rural settings. This investment not only aligns with India's ambitious renewable energy goals but also positions SBI as a key player in fostering environmentally conscious practices.

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Infrastructure Energy

India Adds Record 44.61 GW Solar Capacity in FY2026

India’s solar sector reached a milestone in FY2026, with cumulative installed capacity crossing 150 GW and annual additions hitting a record 44.61 GW, exceeding the government target of 34 GW and nearly doubling FY2025’s 23.83 GW. Distributed Renewable Energy contributed 16.3 GW, while PPA and C&I segments accounted for 34 per cent and 30 per cent, respectively.India has risen from 9th globally in 2015 to 3rd in cumulative solar capacity by 2025 and is set to become the world’s second-largest solar market in annual installations in 2026. Seven states, led by Rajasthan and Gujarat, ac..

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Abhee Ventures unveils Scottish-themed 45-acre township in Bengaluru

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Infrastructure Urban

Hindalco unveils Eternia experience centre for high-performance aluminium windows

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