The U.S. and India have worked together to bring more solar power to India in the past and today (June 7) the White House announced that the two countries are deepening their partnership to help curb climate change and bring power to more of India’s citizens. The announcement came during President Obama’s meeting with Indian Prime Minister Narendra Modi at the White House.
The countries laid out numerous plans to curb climate change including creating the International Solar Alliance (ISA). Through the ISA, the countries will jointly launch an effort to promote access to off-grid solar power.
“The United States and India are cooperating on key issues to support the Government of India’s goal to deploy 175 gigawatts of renewable energy by 2022,” the White House said. In all through private company investments the U.S. will help support the installation of 5.4 gigawatts of new solar power in India. Two companies, 8minutenergy Renewables and SunLink Corp., will pursue project pipelines in India.
“8minutenergy Renewables will pursue a 4 GW solar photovoltaic project pipeline in India to help meet the Indian government's renewable energy goals,” the White House said. It added that the utility-scale solar projects will create over 10,000 Indian construction jobs. 8minutenergy also agreed to contribute to the international Clean Energy Finance Forum.
SunLink will deploy an additional 1.4 gigawatts of solar power in India over the next five years. “With this approach, SunLink is also helping stimulate domestic Indian manufacturing and construction jobs. The introduction of SunLink’s proven technology into the emerging Indian solar market will help the country realize its renewable energy goals on an accelerated timeline,” the White House stated.
The countries also announced that they will extend their cooperation on rooftop solar by expanding their existing program to three new Indian states. They also will study India’s grid infrastructure to implement an upgraded electric grid in the country. That includes a new $18 million contract to implement renewable integration strategies and new $4.7 million initiative to pilot power grid balancing technologies.
To help finance clean energy in India, the U.S. created the Clean Energy Finance Hub. The hub will help coordinate and increase renewable energy investment in India.Tweet