U.S., India establish $100 million green-tech fund
Public and privately matched funding offered for joint green-tech research, development projects.
In a software-driven world, it's easy to forget about the nuts and bolts. Whether it's cars, robots, personal gadgetry or industrial machines, Candace Lombardi examines the moving parts that keep our world rotating. A journalist who divides her time between the United States and the United Kingdom, Lombardi has written about technology for the sites of The New York Times, CNET, USA Today, MSN, ZDNet, Silicon.com, and GameSpot. She is a member of the CNET Blog Network and is not a current employee of CNET.
"The overall aim of the center is to facilitate joint research and development on clean energy by teams of scientists, technologists, and engineers from India and the United States, as well as related joint activities needed to deploy clean-energy technologies rapidly with the greatest impact. To achieve this objective, the center will support multi-institutional network project costs using a public-private partnership model of funding support," according to a statement from the center, which also goes by the name of the JCERDC.