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India and US to Enhance Clean Energy Supply Chains

September 23, 2024 2 min read
author Anamika Mishra, Sub Editor
India and the United States on Tuesday announced a major push to strengthen clean energy cooperation, pledging to take bilateral technical, financial, and policy support to the next level as part of efforts to boost manufacturing capacity and build on existing clean energy partnerships.The announcement came after a meeting by Prime Minister Narendra Modi and President Joe Biden at Greenville, Delaware on Saturday. The partnership aims to establish a "shared, resilient, and cutting-edge techno-industrial base" with a focus on innovative methods of clean energy manufacturing. That says the US and India are working to unlock a billion dollars in new multilateral finance through the International Bank for Reconstruction and Development, or IBRD. That is money that will fund projects designed to catalyze India's domestic clean energy supply chain.The collaboration will enhance US and Indian manufacturing capacity in clean energy technologies and collaborate on efforts in third countries, especially in Africa. This effort is a follow-up on the current ongoing clean energy collaborations between

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