WASHINGTON, June 28, 2017 - The Department of Energy (DOE) will provide $7.5 million for a five-year collaborative project to advance the power grid. Funds provided by the Indian Ministry of Science and Technology and other industry partners will bring the total investment to $30 million for the effort under the U.S.-India Partnership to Advance Clean Energy (PACE). Energy Secretary Rick Perry said “continued grid innovation will promote economic growth and energy security in the United States and India.” The consortium will work on a more advanced energy grid, such as microgrids, with the help of experts in both countries. They expect to produce modernized grids for the U.S. and India that will expand energy access to remote areas and make those grids more dependable. Details can be found at the DOE website.
DOE invests $7.5 million in US-India joint effort.