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The recently-concluded meeting of the US-India Energy Dialogue has decided to constitute a group to discuss financing options for encouraging electricity generation from renewable sources.
The US-India Energy Dialogue was formed in May 2005 to promote trade and investment in the energy sector.
Under the auspices of the Dialogue, four working groups (on oil and gas, coal, power and energy efficiency, new technologies and renewable energy) met in Washington DC this week. Among the issues discussed were assessment of solar and wind resources, integration of renewable energy grids and testing of solar modules.
“The Dialogue stressed the need for both countries to actively enhance generation of energy from renewable and low carbon resources, and, in this context, the possibilities of large scale cooperation in integration of renewables with the grid, storage technologies, and RE technologies was discussed,” says a press release from the Indian Embassy in Washington DC.
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