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    Question

    In which state DFC approves up to $500 mn debt financing

    for First Solar’s manufacturing facility?
    A Karnataka Correct Answer Incorrect Answer
    B Kerala Correct Answer Incorrect Answer
    C Tamil Nadu Correct Answer Incorrect Answer
    D Odisha Correct Answer Incorrect Answer
    E Telangana Correct Answer Incorrect Answer

    Solution

    US International Development Finance Corporation (DFC) approved up to $500 million of debt financing for First Solar, the largest American solar manufacturing company. First Solar’s new venture in India will boost solar panel manufacturing capacity for a key ally and help mobilize the industry to take up better standards that align with US values.

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