Showcase of World Bank clean energy interventions at RE-INVEST 2018

Outcome: The World Bank Energy team participated in RE-INVEST 2018, exhibition and conference, which was organized by the Confederation of Indian Industries (CII) in association with International Solar Alliance (ISA) in Greater Noida between 03-05 Oct 2018. The booth was designed to showcase the multitude of activities being carried out by the World Bank group in India in the renewable energy space.

The World Bank booth generated lot of interest with officials from several countries. Minster of New and Renewable Energy from India, Deputy Energy Minister from France and Energy Minister from South Africa visited the visit and had a detailed discussion on the recent record low solar rooftop prices (US 2 cents per unit with 43% subsidy) in India. High profile delegations from the World Bank, led by Ricardo Pulito, Senior Director, Energy & Extractives and from the Foreign & Commonwealth Office (FCO) visited the booth.Significant interest was also generated amongst visitors regarding the rooftop solar lending facility put in place by the State Bank of India in association with the World Bank.

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