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Clean energy cooperation to be promoted by American Roadshow

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Washington, March 11, 2016: A five day American Innovation Roadshow across four cities in India from March 14 to promote cooperation between the two countries in clean energy technologies will be led by U.S Assistant Secretary of State for Economic and Business Affairs Charles H. Rivkin.

The U.S could help India bridge the $100 billion capital that it requires to meet the ambitions clean energy targets set by the Modi government, said Ziad Haider, Department of State’s new Special Representative for Commercial and Business Affairs-who will also be part of the delegation traveling to India. Furthermore he added, U.S cooperation will also ensure access to technology for India. India aims to create 175 gigawatts of clean energy by 2022, but is short of an estimated $100 billion in terms of capital.

The roadshow has three objectives: to showcase the American innovation brand, engage with young entrepreneurs to convey to “government interlocutors the regulatory environment that’s needed to actually enable innovation and entrepreneurship”, said Mr. Haider. Further adding he said that the forthcoming visit would be in line with the emphasis on the economic dimension of India-US bilateral relationship.