KfW, a German government-owned development bank, announced that it will lend €800 over the next year to finance various renewable energy projects in India.
Previously, the Bank has financed Indian firms like its state-owned power generating companies North Eastern Electric Power Corp. and NTPC for hydropower and solar-based projects. KfW also signed a loan agreement of around €52 million with National Housing Bank to promote energy efficiency projects in residential areas.
Alternative Energy Africa is trying to reduce its own carbon footprint in 2011. Ask about our electronic subscriptions and online marketing campaigns specially tailored for individual companies.