Source: www.thehindu.com
INDIA, November 4, 2010: European Investment Bank (EIB) has expressed interest in financing solar park projects in India, the Asian Development Bank (ADB) senior investment specialist Don Purka said on Thursday speaking from the Clean Energy Expo Asia conference.
Financing support is also seen from the U.S. Import-Export bank and Germany’s KWF, he said, adding that financing support shows the growing support for India’s National Solar Mission, which calls for installation of 20,000 MW capacity by 2022. This would need multi-billion dollar investment, based on USD 2.6 million per MW investment for big projects and USD 3 million per MW investment for small projects, Purka said.