Washington, DC, United States — In an effort to promote trade and investment in the solar industry between the U.S. and India the U.S.-India Business Council (USIBC) was formed this week. The USIBC is comprised of private-sector companies and seeks to help the United States’ export solar technologies while furthering India’s goal of reducing its dependence on imported coal and fossil fuels through the use of solar energy. The USIBC Solar Task Force is a subcommittee of USIBC’s Energy, Environment, Enterprise (EEE) Executive Committee, which is comprised of more than 100 members.
The Government of India announced the Jawaharlal Nehru National Solar Mission (JNNSM) on November 19, 2009, calling for more than 20,000 MW of new solar generation capacity added to the country’s energy mix by 2022. India seeks to become a solar power generating hub, as well as a leader in solar services and equipment.
“The aim of the USIBC Solar Task Force is to ensure robust cooperation – both financial and technological – between American and Indian firms participating in this vital sector, and to promote an enabling environment that will spur the application of efficient, clean solar-powered energy throughout India and the globe,” said USIBC President Ron Somers.
For more on India’s Solar Mission, check out India’s Solar Opportunities and Challenges on RenewableEnergyWorld.com.