Energy, International Energy News, renewable, Solar, Solar Energy

French President pledged hundreds of millions of dollars for solar projects in developing countries

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Macron said at the launch of the International Solar Alliance in New Delhi on Sunday: “France would extend an extra 700 million euros ($861.5 million) through loans and donations by 2022 for solar projects in emerging economies. We need to remove all obstacles and scale up,” .

“Macron told world leaders in Paris in December that “we are losing the battle” against climate change and urged faster action to combat global warming.

The French leader called on private sector attendees in New Delhi to engage more actively because “solar investments are becoming more profitable”.

He and Modi will open a new 100 megawatt solar plant near the holy Indian city of Varanasi on Monday. The French leader will also visit the Taj Mahal in Agra later Sunday.”

Source: AFP

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