The US-India Clean Energy Finance initiative will provide $900,000 funding to solar companies in India to encourage the adoption of distributed solar power in the country. The funds can be utilised for a variety of project preparatory activities, including legal, technical, financial, environmental and social impact assessments. The first class of project developers selected for receiving the grant are Argo Solar, HCT Sun India, OMC Power, SMG Ventures and SunFunder.
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