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Bill Gates, Ratan Tata, Mukesh Ambani and others join hands to give push to clean energy through innovations

PARIS: Coinciding with India’s move to launch an International Solar Alliance of over 100 sunshine-rich countries, the world’s top industrialists including Bill Gates, Mukesh Ambani, Ratan Tata and Jack Ma will on Monday announce the Breakthrough Energy Coalition, an international group of 28 investors to bring companies that have the potential to deliver affordable, reliable and carbon free power from the research lab to the market.

The coalition will be launched together with Mission Innovation, which is to be hosted by the US President Barack Obama here after the inaugurals of the climate summit.

India’s Prime Minister Narendra Modi will also attend the Mission Innovation. It is expected that the world’s industry leaders will double their R&D through the initiative that will expedite energy transition by dramatically speeding up the cycle of innovation.

 

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