On the first day of his three-day US visit, Prime Minister Narendra Modi on Thursday discussed India's renewable energy landscape with First Solar chief executive officer (CEO) Mark Widmar.
NSE
During his interaction with Widmar, Modi spoke about the one world, one sun and one grid initiative and its potential, sources said. The prime minister referred to India's ambitious target of 450 GW of renewable energy.
Widmar praised India's policies for climate change and related industries and said all countries should emulate what India has done in climate change, sources said.
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He also emphasised India's focus on manufacturing for solar energy and said that companies in the field of solar energy can take maximum advantage of the PLI schemes, they said.
The CEO also shared plans to use the Indian government's ambitious production linked incentive (PLI) scheme for manufacturing solar power equipment with unique thin-film technology and integrating India into global supply chains, the ministry said.
Both Modi and Widmar agreed on the enhancement of the manufacturing of solar panels in India, the sources said, adding that the move will also benefit the countries in the region.
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"Powering India's Solar Potential! PM @narendramodi discusses India's renewable energy landscape with Mark Widmar, CEO @FirstSolar," the Ministry of External Affairs tweeted.
India currently has the world's fastest-growing solar energy programme and has expanded access to clean cooking fuel to cover over 80 million households, making it one of the largest clean energy drives globally.
The Rs 4,500-crore PLI scheme for solar photovoltaic modules is expected to help India ramp up its domestic manufacturing capacity. The scheme is expected to add 10-gigawatt (GW) capacity of integrated solar photovoltaic (PV) manufacturing plants. Prime Minister Modi in February had invited global firms to take advantage of the PLI schemes and expand their manufacturing in India.
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(Edited by : Jomy Jos Pullokaran)
First Published:Sept 23, 2021 10:58 PM IST