For Immediate Release
World Trade Organization Undermines Homegrown Solar Energy in India
GENEVA - Today, the World Trade Organization (WTO) ruled against a common-sense solar energy initiative in India that is a core component of the country’s contribution to the Paris agreement to tackle climate disruption.
By offering solar power companies government subsidies and long-term contracts, India’s program has already rapidly scaled up solar energy. The program aims to achieve 100,000 megawatts of solar power capacity by 2022 – more than the current solar capacity of the world’s top five solar producers combined.
The WTO ruled against India’s ambitious solar program because its first phases require power companies to use solar cells and modules made in India in order to benefit from the government-subsidized program.
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In response, Ilana Solomon, director of the Sierra Club’s Responsible Trade Program released the following statement:
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