India and US collaborate on $1bn multilateral finance via IBRD to enhance clean energy manufacturing.

India and the United States are collaborating to secure $1 billion in multilateral finance through the IBRD to enhance clean energy manufacturing. This initiative targets supply-side expansion in solar, wind, battery, and energy systems, alongside high-efficiency air conditioners and fans. The partnership will also focus on developing trilateral relationships with African nations committed to clean energy, aiming to identify investment opportunities and pilot projects.

September 21, 2024
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