Indo-US fund created for innovative clean energy projects
The Dollar Business Bureau Close to China, Germany and UK’s commitment to renewable energy programme by India, at the Re-Invest 2015 – India’s first Renewable Energy Global Investors Meet & Expo, a Joint Indo-US PACESetter Fund has been established with a contribution of US$ 4 million (INR 25 crores) from each side for providing grants for seed capital for innovative clean energy projects. Piyush Goyal, Minister of state for Power, Coal & New and Renewable Energy (Independent Charge) said that India and USA have undertaken new initiatives to enhance clean energy cooperation and desire to expand current Partnership to Advance Clean Energy Development. In the past, Goyal said that the government is committed to using renewable energy and ...
