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President Barack Obama and India's Prime Minister Manmohan Singh signed a comprehensive Memorandum of Understanding (MOU) on November 24 for their nations to work together to speed up the development and deployment of clean energy technology.
Under the new MOU, the two nations will launch a Clean Energy and Climate Change Initiative, with the goal of improving technologies to make clean energy more affordable and efficient. The initiative will include cooperation in wind. The two nations will also mobilize public and private resources to invest in clean energy projects in India. Further, the two nations began an Indo-U.S. Clean Energy Research and Deployment Initiative, supported by government and private-sector funds. The United States and India also signed a MOU on wind energy. The wind MOU, between NREL and India's Centre for Wind Energy Technology, will focus on developing a low-speed wind turbine.
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