Clean energy will create unlimited economic opportunities for all: Modi | india | Hindustan Times
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Clean energy will create unlimited economic opportunities for all: Modi

Prime Minister Narendra Modi on Monday launched the 122-country global solar alliance along with French President Francois Hollande on the sidelines of the Conference of Parties (CoP-21) climate summit that got underway at Paris.

india Updated: Nov 30, 2015 22:48 IST
HT Correspondent
Narendra Modi
India currently have a capacity of producing 4 GigaWatt (GW) of solar energy, but aimed to reach 100 GigaWatt by 2022. (Photo courtesy: Twitter)

Prime Minister Narendra Modi on Monday launched the 122-country global solar alliance along with French President Francois Hollande on the sidelines of the Conference of Parties (CoP-21) climate summit that got underway at Paris.

Modi emphasized the need to restore the balance between ecology and economy.

“Convergence between economy, ecology and energy should define our future. We must come together to bring clean energy within the reach of all.

“Clean energy will create unlimited economic opportunities for all,” Modi said.

India currently have a capacity of producing 4 GigaWatt (GW) of solar energy, but aimed to reach 100 GigaWatt by 2022.

Modi, who said that sun was source of all types of energy in Indian tradition, had first discussed the idea of Solar Alliance with Hollande when it visited France earlier this year. PM Modi discussed the idea with MNRE minister Piyush Goyal and it was decided to have an alliance in place before the Paris climate summit.

In the meantime, a group of rich nations also launched a global alliance for carbon pricing through market interventions. US and European Union are part of the alliance.

Highlights of what Modi said at the event:

# Access to renewable energy and better life is a universal aspiration, so are a clean environment and a clean habitat.

# We’ll restore the balance between ecology and economy, between our inheritance and obligation to the future.

# Convergence between economy, ecology and energy should define our future.

# Clean energy will create unlimited economic opportunities for all.

# India has capacity of 4 GigaWatt and we have set a target of adding 100 GigaWatt of solar power by 2022.

# This day is the sunrise of new hope - not just for clean energy, but for villages and homes still in darkness