WASHINGTON: During the high profile meet with top business leaders in the United States of America (USA), Prime Minster Narendra Modi interacted with Mark Widmar, Chief Executive Officer, First Solar, on Thursday, September 23. Widmar expressed his happiness with the policies of India with respect to climate change and related industries.
PM Modi talked about the ‘One World, One Sun, One Grid’ initiative and referred to India’ target of 450 Gigawatt (GW) of renewable energy. He also focussed on the manufacturing of solar energy and said that companies in this should take advantage of Production Linked Incentive (PLI) Schemes. PM Modi and Widmar agreed on the enhancement of solar manufacturing in India, which will also benefit other nations in the region.
Widmar said that if every country tries to emulate what India has done, the target set in the Paris Accord will not be a problem. He told PM Modi that India’s commitments and will to be a part of the journey are both important. He added that people want India to be a global leader and its market should not just serve only domestic consumers.
First Solar Inc is a US multinational corporation which is involved in manufacturing solar panels and provide utility-scale photo-voltaic power plants. It also provides services associated with finance and construction.