U.S.-India Clean Energy Partnership for 450 GW
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India has set ambitious energy transition goals, aiming to install 450 GW of renewable energy by 2030 and achieve net zero carbon emissions by 2070. The success of India's energy transition is crucial not only for its domestic economy but also for global climate goals. Energy transition has emerged as one of the most important avenues of U.S.-India partnership, with growing momentum in the clean energy corridor through the involvement of government stakeholders, foundations, industry, laboratories, and think tanks.
The CSIS India Chair aims to bring together prominent stakeholders to identify relative gaps, strengths, and open avenues for improved cooperation through coordination. In line with this objective, we will be hosting our marquee "U.S.-India Clean Energy Event" on June 18 from 10 am to 1 pm. During the event, we will explore the current state of U.S.-India clean energy collaboration, discuss the role of various stakeholders, and identify ways for the United States to become a partner of choice for India.
The public event will feature a keynote speaker and two panels. The keynote speech will be given by the Chargé d'affaires, Indian Embassy, Ambassador Sripriya Ranganathan and Deputy Special Envoy for Climate, Mr. Richard Duke. The first panel (10:30 am – 11:30 am) will focus on federal level cooperation and will feature Dr. Andrew Light (Assistant Secretary, International Affairs, DoE), and Mr. Geoffrey Pyatt (Assistant Secretary, Bureau of Energy Resources, Department of State ). The second panel (11:45 pm-12:45 pm) will focus on green supply chains and will feature Mr. Jake Levine (Chief Climate Officer, DFC), Dr. Praveer Sinha (CEO, Tata Power), and Mr. Mark Widmar (CEO, First Solar).
Please RSVP here to confirm attendance.
Event Agenda
Keynote address
Delivered by Amb. Sripriya Ranganathan, Charge d'affaires, Embassy of India and Mr. Richard Duke, Deputy Special Envoy for Climate
Panel 1: U.S.-India Clean Energy Federal Cooperation
By the end of April 2024, India had installed 190 GW of RE capacity. The newly elected government will need to install an additional 260 GW RE in 6 years to meet its initially set target of 450 GW RE by 2030. While, the government of India has launched flagship initiatives like the PM Rooftop Solar Scheme, U.S. support can help India further accelerate its renewable energy deployment. Featuring Assistant Secretary of Energy for International Affairs, Department of Energy, Dr. Andrew Light, and Assistant Secretary, Bureau of Energy Resources, Department of State, Mr. Geoffrey Pyatt, this panel will look at the existing avenues of U.S.-India partnership such as the Strategic Clean Energy Partnership (SCEP), Climate Action and Finance Mobilization Dialogue, and the South Asia Regional Energy Partnership (SAREP) and discuss ways in which the United States can become a partner of choice for India.
Panel 2: Greening Bilateral Trade
India is one of the largest beneficiaries of Development Finance Corporation (DFC) support. With Tata Power, and First Solar each receiving support close to ~$500 million, India is posited to become a reliable clean energy supplier for the United States. Over the past year, U.S. has emerged as a leading buyer of Indian manufactured solar panels. With rising economic aggression from China, and its chokehold on clean energy supply chains, India has the potential of further strengthening its role as a partner of choice for the United States. Join us for a panel discussion with DFC, Chief Climate Officer, Mr. Jake Levine; Tata Power CEO, Dr. Praveer Sinha; and First Solar CEO, Mr. Mark Widmar.
This event is made possible through the generous support of the Hewlett Foundation, and general contributions to CSIS.
Contact
- Akshat Singh
- Associate Fellow, Chair on India and Emerging Asia Economics
- asingh@csis.org
Richard Duke
