NEW DELHI (Commodity Online): India and United States of America (USA) will use their expertise and resources together to unlock the huge potential of clean energy technologies that can reduce energy use and dependence on fossil fuel, and accelerate the deployment of renewable energy sources.

A Indo-US Joint Clean Energy Research and Development Center (JCERDC) has being established under an agreement signed between the Governments of India and the USA which commits an amount of Rs 125 crore (US$ 25 million) in funding over five years to institutions in India by the Government of India with equal amount of grants to organisations in the United States by the US Department of Energy for taking up collaborative research in the fields of advanced biofuels, energy efficiency in buildings and solar energy.

In India, it is led by the Indian Institute of Science-Bangalore, Indian Institute of Chemical Technology-Hyderabad and CEPT University-Ahmadabad and from US, the National Renewable Energy Laboratory (NREL), the University of Florida, and Lawrence Berkeley National Laboratory (LBNL).

The program would be administered in India by the bilateral Indo-US Science and Technology Forum and in the US by the Department of Energy.

The Joint Clean Energy Research and Development Center is part of the US-India Partnership to Advance Clean Energy announced by Prime Minister Dr Manmohan Singh and President Barack Obama in November 2011, which aims to accelerate the transition to high performing, low emissions, and energy secure economies.