Who will bankroll India’s solar dreams?
All developers are looking to raise capital to complete their pipeline of solar projects, but investors and lenders want to be sure their returns don't run the risk of fizzling out
Mumbai: India’s solar dream of building 100 gigawatts (GW) of capacity by 2022 continues to garner massive interest from global investors, buoyed by the promise of strong returns. But it also faces financing challenges as investors become more cautious amid a fall in solar energy tariffs.
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