26 Jan '15, 4pm

US To Support India's $160 Billion Solar Energy Push

India’s ambition would require $160 billion , according to Arunabha Ghosh, chief executive officer at the New Delhi-based Council on Energy, Environment & Water. It would spread solar panels across an area the equivalent of three times the size of India’s most populous city, Mumbai, and require the government to cut back on thickets of regulation holding up projects. “Whether Modi can achieve the target hinges on funding ,” Izumi Kaizuka, manager of the research division for RTS Corp., a Tokyo-based consulting firm for the solar energy industry, said by telephone today. “The pace of solar expansion has tended to be delayed even under the previous goal which was much lower.” With a growing population increasingly vocal about pollution levels that rival the worst days in Beijing, India is racing to find ways to feed its spiraling energy needs without adding to greenhouse gas...

Full article: http://www.renewableenergyworld.com/rea/news/article/2015...

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US To Support India's $160 Billion Solar Energy...

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