175 GW clean energy soon

unnamed (4)Prime Minister Narendra Modi emphasized India’s commitment to realize the vision of 175 Giga Watts clean energy. But the current grid is not designed for carrying the 175 Giga Watts of renewable energy that
India is targeting and private investment was stressed for 175 GW with an example given of how Israel had solved its water shortage using private investment. He chaired a roundtable meeting on renewable energy with top energy CEOs and experts in San Jose. Ernest Moniz, Secretary of Energy, US and Steven Chu, former US Secretary of Energy
were present. Top energy CEOs and investors, including Ahmad Chatila, CEO SunEdison, Nikesh Arora, President and COO, Softbank, K.R. Sridhar, CEO, Bloom Energy, Jonathan Wolfson, CEO, Solazyme, John Doerr, Venture Capitalist, and Ira Ehrenpreis of DBL partners were present. Arun Majumdar, Roger Noll, Anjani Kochar, and Sally Benson
from Stanford University participated. It was asserted that India has
the makings of becoming the “clean energy world capital. Clean and
renewable energy will be an inexpensive energy option with electricity
storage becoming cheaper. CEOs gave an overview of the technologies
and innovations being used in their companies. In addition to solar
and wind energy, biomass was also suggested as a key provider of clean
energy. Experts said India has to address issues technology
integration, finance, regulatory frameworks, and the right talent
pool.

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