Already, The Clinton Foundation - former President Bill Clinton’s philanthropic organization - has done some impressive work promoting clean, renewable technologies.
And according to the Business Standard, the Clinton Foundation is now taking it to another level by helping set up a 5-gigawatt solar project that could cost almost $5 billion.
The project, named the Integrated Solar City, mooted to be built in the state of Gujarat in western India will be in collaboration with the government. It will both provide solar energy and manufacture solar materials.
According to reports, John Byrne, a member of the Nobel Peace Prize-winning working group within the Intergovernmental Panel on Climate Change (IPCC), is to manage the project.
A project of this magnitude will not only help bring down the cost of producing solar energy but also promote green living in this soon to be heavily industrialized part of the world.
Future solar energy initiatives like this should be welcomed and given as much support as possible.
The report says The Clinton Foundation’s available assets for renewable energy projects at around $12 billion. It has also managed to aquire hundreds of millions of dollars in contributions from other beneficiaries.
So hats off to Bill and his helpers. Surely one of the more 'enlightened' presidents of recent times.
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