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New Delhi, Nov. 15 India and the US have agreed to collaborate in encouraging investments and research and development in the solar energy space.

Both countries will tap into the large potential of solar energy in India, which is starting the ambitious solar development plan.

According to an official release, Mr Steven Chu, Secretary, US Department of Energy, met the Union Minister for New and Renewable Energy, Dr Farooq Abdullah, here and discussed various areas of cooperation in the field of renewable energy.

The two sides have agreed to take forward joint research and deployment of distributed generation with focus on storage, the statement said.

It was also agreed that the biomass gassifier technology offers enormous potential to meet the energy requirement in rural areas. The two sides agreed to step up their research and development collaboration to develop small biomass gassifier that can be made available for rapid deployment to meet the power needs in rural India and the US.

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(This article was published in the Business Line print edition dated November 16, 2009)
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