International Solar Alliance may launch insurance for projects in December
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  • Agharkar Research Institute, Pune

International Solar Alliance may launch insurance for projects in December

The International Solar Alliance (ISA) may launch an insurance mechanism aimed at lowering the risks associated for solar power in December. “There could be insurance for risks and to bring down the cost of capital,” Upendra Tripathy, Interim Director General of ISA, told BusinessLine.

“It’s great to see India taking a leadership role in solar energy, however, its success will depend on what concrete support it can lend to actual solar projects, and I think it remains to be seen whether that will materialise,” Andrew Hines, Co-founder, CleanMax Solar, told BusinessLine.

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