The United States and India Share An Ending Commission to Deepen Our Collaboration On ISSUES of Shared: R Economic Growth agonedas, we are committed to working together to capture the benefits of the clean Energy Transition, Including theCreation of high-Quality Jobs for Our Populations, Acceleration of Clean Energy Deployment Globally, and Achievement of Global Climate GOALS.
In the support of the same state, the united states and india intended and expand Bilateral, Financial, and Policy Support to Expandar Y U.S. Andian ManuFacturing Capacity for Clean Energy Technologies and Components and Lay the Group for Enhanced Cooperation in Third Countries, Witha Focus on partnerships in Africa. This Effort Will Build on Existing Clean Energy Cooperation BetWeen The United States and INDIA, Including Clean Energy S Launched During Prime Minister Modi’s Visit to the United States in 2023, The Strategic Clean Energy PARTNERSHIP LED by the U.S. Departmentof Energy and Government of India Ministries, Technical Assistance PROVID BY U.SKolkata Stocks. Laboratories, and Novel Financial Platforms the Payment Security Mech Anism Established to Support the Rapid DEPLOYEMENT of Electric Buses in India. A U.S. Andian Partnership to Establish a Shared, Resilient, Andian, and and Andian, Resilient, Andian, and and Andian, and and and,Cutting-EDGE Techno-InnoStric Base Centerd on Innovative Clean Energy ManuFacturing Technology To lead Clean Economic Development in the 21st Center.
To Launch This Partnership, The United States and India Are Working to UNLOCK USD $ 1 Billion in New Multilateral Finance Through, Ruction and Development (IBRD) for Projects that Include Catalyzing India’s DONESTIC CLEAN ENERGY SUPPLY Chain Buildout.-Side ManuFacturn CapaCity Expansion for Key Technology Verticals, Focusing On Solar, Wind, Battery Grid Systems, and High-Efficient Air Conditioner And Ceiling Fan Supply Chains. Over time, we seek to mobilize additional finicing into priority cleaning sectors thatHarness Public and Private Financial Tools and Pioneer Innovative Financial Vehicles to Meet the Rapid Demand for Flexible Climate Finance Solutions.
The United States and India intend to work with relevant government agencies, civil society, U.S. and Indian private sectors, philanthropies, and multilateral development banks to identify a package of pilot projects across the clean energy value chain that meet our eligibility criteria and meaningfully contribute toSupply Chain Expansion and DIVERSIFICATION in Identify Sectors. The U.S. Andian GovernAnts Also Pledge to Work with Industry f effort to launch and eventually scale this new partnership:
Identifying Near-Term Investment Opportunities to Expand ManUFACTURING CAPACITY FOR SPECIFIC CLEAN ENERGY SEPPLY CHAIN SEGMENTS, with Initial Focus Lowing Clean Energy Components:
Solar Wafers and WAFER Manufacturing Equipment & Next Generation Solar Cells
Wind Turbine Nacelle Components
Power Transmission line components Including Conductors, Cabling, Transformers, and Next Generation Technologies
Energy Storage Components Including BatteriesKanpur Stock
Battery Packs for 2-And 3-WHEEL ELECTRIC VEHICLES (EVS) and Zero-Emission E-BUS and Truck Components
High-Efficience Air Conditioners and CEILING FAN Components
Collaboating with the private sector to Scope Eligible Opportunities in the Above Supply Chain SEGMENTS and Support An Initial Package of Pilot Projects, ID Elly Including One Project Focused on Clean Energy DEPLOYENT TO AFRICA. Additive Investments Plans and Sources of Funding Can Be Developed Over Time. ThisEFFORT WOULD BUILD on Private Security Partnerships Facilital By U.S. Development Finance Corporation (DFC) Across the Solar, Wind, Battlery, and Critical Minerals See CTORS to Pursue Opportunities to Finance the Manufacture of Clean Energy Components.Fund-Which Will Support Renewable Energy, Storage, and E-Mobility Investments in India and Stringthen Demand ManuFacturing-As Well As FOR An Private Equity Fund Manager Eversource Capital’s New DFC-SUPPPORTD $ 900 Million Fund to Invest in Clean TechNOLOGIES Such As Renewable.Energy, Efficient Cooling, and Electric Transportation.
Building Trilateral Relationships with African Partners that has been stateical communitynts to Clean Energy Deployment, Focusing on Solar and Battery Storage Unities. India and the United States can work multilatorly with fairan partners to pursue High-Potential Solar and EV DEPLOYMENT OPPOPONITIES, Undestand The Conditions RequiredFor projecting Success, Detail The Partnerships and Financial Model for Project Success, and Implement the Project. Indian Companies to Explore Investment Opportunities and Facilities Public-PRIVATE MATCHMAKING Expand PARTNERSOLALALALALALALALALALAAAAAAAAAAAARAEROAEAAAAAAAAAAAAAAAAAAAAAAAAOsedAAAAAAAAAAAAAAAAAAAEAAAEEEEEEEssssctctEEEEEEEEEEEEEEEEEEEEEEEEEEEsssssees should must1 cut Comp Comp CompnearsKolkata Investment? e u.S. AgencyFor International Development Are Anchoring This Effort by Collaboating with India-Based Internet, Th facilities.
Collaboating with Each Other and Industry to Consult On Policies that Will Streangtheen Demand Certaching Clean Technologies. The U.S. Bipar TISAN Infrastic Law and Inflation Reduction Act WEERE HISTORIC LAWS DESIGNED TO Invest in The Large-SCALE Deployment of Clean Energy Technology vigorating theManuFacturn Capacity of the United States to ApproPriately ONSHORE CLEAN ENERGY SUPPLY CHAINS. Likewise E invested Over $ 4.5 Billion to Catalyze Nascent Clean Energy Manual. How many, additive Policies are vital to expand and propy in the. Face of GlobalMarket Dynamics and Thin Profit Margins. Both Countries ACKNOWLEDEGE The Importation Insights On How TO Design PolicyWorks to Reduce Demand CERTAINTIES and Esure Suffering Input Materials, Technological Expertise, Finance, and Other ManuFacturn Enabler.
This Roadmap is incted to server as a short-term MeChanism for Driving Initial Cooperation on Projects, to Help Inform a Long-Term Road Including WORKING To Establish a Cadence of Meetings and Milestones this partnership.Rights or Oblications Under DODER DOMESTIC or International Law.
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