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Indian Solar Loan Programme

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Title: Indian Solar Loan Programme  
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Subject: Solar power in India, Gaspar Makale, Energy poverty, Renewable energy in developing countries, Renewable energy in Africa
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Indian Solar Loan Programme

The Indian Solar Loan Programme, supported by the United Nations Environment Programme has won the prestigious Energy Globe World award for Sustainability for helping to establish a consumer financing program for solar home power systems. Over the span of three years more than 16,000 solar home systems have been financed through 2,000 bank branches, particularly in rural areas of South India where the electricity grid does not yet extend.[1][2]

Launched in 2003, the Indian Solar Loan Programme was a four-year partnership between UNEP, the UNEP Risoe Centre, and two of India's largest banks, the Canara Bank and Syndicate Bank.[2]

See also

References

  1. ^ Consumer financing program for solar home systems in southern India
  2. ^ a b UNEP wins Energy Globe award

External links

  • Solar loans light up rural India
  • Indian Solar Loan Program Offers Access to Light

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