India will propose a World Solar Bank at the World Solar Technology Summit organized by the International Solar Alliance (ISA) in September, the Business Standard reported. Stay up to date on MetalMiner with weekly, monthly, or quarterly updates – without the sales pitch. Sign up now. The virtual conference by the India-headquartered ISA will showcase state-of-the-art, next-generation technologies to ramp up solar deployment affordably. By the numbers The likely capital size of the World Solar Bank would be U.S. $10 billion. ISA officials said the country that would request to host the headquarters of the bank would have to contribute 30% of the proposed capital. “A global competition would be held among the member countries to decide who will have the bank’s headquarters,” the ISA official was quoted as saying by the Business Standard. Indian Prime Minister Narendra Modi is likely to attend the inaugural event. In addition, along […]