💨 Abstract

The US and India plan to collaborate on a partnership to expand clean energy manufacturing capacity, focusing on innovative techniques. This partnership aims to unlock $1 billion in multilateral finance through the International Bank for Reconstruction and Development for projects in India. The focus is on expanding complementary manufacturing capacity for clean energy technologies, with a focus on third-country partnerships, especially in Africa. This initiative builds on existing clean energy cooperation between the two nations.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖