Are you selling your products in India?
The Export-Import Bank of the United States (Ex-Im Bank) approved $103.2 million in financing for two more solar transactions in India in the final months of fiscal year 2011. The approvals brought the total number of Indian solar projects that the Bank has financed in FY 2011 to six and the Bank’s total authorizations for these projects to $176.4 million. The recent increased demand for solar power in India is in part due to India’s national solar initiative, the Jawaharlal Nehru National Solar Mission, and its establishment of a clean energy fund valued at $223 million. "India is making a big push for renewable energy," Ex-Im Bank Chairman Fred P. Hochberg said. "Solar companies in the United States know that if they can get into this growing market, they have a bright future ahead of them. Ex-Im Bank stands ready to help our exporters win that future."
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