Our Company |   Join Our Club |      

news categories



news per location



January-February 2017



Read our bloggers



Power Plants



  • Directorio de Eficiencia energética

INDO-US Clean Energy Fund

Jump to the comments

India and the United States of America (USA) will be jointly working for the creation of US $ 20 million for US-India Energy Finance Initiatives, equally supported by the USA and India, which is expected to mobilize up to US $ 400 million to provide finances for clean and renewable electricity by 2020. This was stated by Shri Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy and Mines in a written reply to a question in the Lok Sabha today. 

The Minister further stated that India and the USA are exploring the possibilities to establish the US-India Clean Energy Hub, as a coordinating mechanism in partnership with leading Indian financial institutions, with a view to increase renewable energy investment in India. 

Such initiatives will support the development of solar and clean energy substantially if US $ 400 million of finances are raised through proposed initiatives, the Minister added. 

Investment & Trading | News published on 10 / 08 / 2016 by Rashmi Nargundkar

Comments in this news Add yours

There are no comments. Add your comment

  Other Interesting News

Reports suggest that women and children die more from air pollution than HIV & malaria combined Wind experts gather to discuss costs for the wind industry First India made UPS by SOCOMEC Power Electronics Online Shop SindoPower Launched Redesigned Website SMA voted number one PV Inverter brand in survey of global customer base