World Bank approves $1.5 billion loan to support India’s hydrogen plans
- Admin
- Jul 4, 2024
- 1 min read
The World Bank has approved a $1.5 billion loan to help India push its low-carbon energy development, focusing on promoting green hydrogen and scaling up renewable energy. The funding aims to boost private investment in green hydrogen and renewable energy, support energy storage solutions, and improve renewable energy integration. It is expected to result in the production of green hydrogen and electrolyzers, increase renewable energy capacity, reduce emissions, and develop a national carbon credit market.
Source:
Want to read more?
Subscribe to vitaliydaviy.wixsite.com to keep reading this exclusive post.
