He also encouraged the development of solar power while chief minister of Gujurat province, overseeing the installation of 900 megawatts of solar power capacity.
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At another event on innovation also attended by President Hollande, US President Barack Obama and Bill Gates, among others, Modi said it was imperative to make renewable energy much cheaper and more reliable, and the conventional sources cleaner, while developing newer sources that are green.
For Narendra Modi, the objective is clear: by normalising the techniques and promoting large scale purchases worldwide, the Indian prime minister hopes to bring down the price of solar technology to help accelerate development.
“India will be pleased to host this initiative at the premises of our National Institute of Solar Energy”.
Nawaz said he and his Indian counterpart held a good chat in a good atmosphere.
“This is an alliance that brings together developed and developing countries, governments and industries, laboratories and institutions in a common enterprise”, Modi said.
“Scaling up renewable energy in India is undoubtedly one of the key steps to ensure the world stays on track to avoid the risky consequences of an increased climate change”, said Ramadas Kamath, executive vice president of Infosys.
Saying that over the next few days the fate of the planet will be decided, he called for genuine global partnership and added that India must grow rapidly to meet energy needs of everyone.
The Guardian quoted Modi telling journalist at a press conference that as fossil fuels put the planet in peril, hopes for future prosperity in the developing world now rested on bold initiatives. The initiative was described by Modi as his “long cherished dream”.
The brief meeting here between the prime ministers of India and Pakistan was “more of an ice-breaker than anything else”, a Pakistani official said in remarks published on Tuesday.
Among the minds behind the idea are several experts formerly of the French Environment & Energy Management Agency (ADME), as well as the directors of Solairedirect, France’s biggest solar park developer. By 2030, India will reduce emissions by 35 per cent of 2005 levels, and 40 per cent of its installed capacity will be from non-fossil fuels, he highlighted. “India has shown twice today that it is helping lead the world forward on solar and clean energy”, Coequy said.
As part of another commitment, 19 countries, including the USA, pledged $20bn for clean energy research, with the money to be disbursed in the next five years.
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Addressing the Rajya Sabha, Modi said, “Our society should take up the responsibility of reforming itself and discarding incorrect practices of past”.
