RENEWABLE ENERGY

India, EU To Step UP Clean Energy Cooperation

India and the European Union have vowed to scale up cooperation in areas of clean energy with a focus on offshore wind, green hydrogen and solar power besides deciding to encourage investments in the field of energy efficiency.
Various aspects of deepening clean energy cooperation were discussed at a meeting of the India-EU Energy Panel on Wednesday.

The Ministry of External Affairs (MEA) said the panel agreed on a detailed work programme until 2023 to implement clean energy and climate partnership that was agreed in 2016

Some of the areas identified for cooperation included ensuring nearly zero energy buildings and renewable energy sources, including solar and offshore wind.

At the meeting, the two sides also agreed to expand cooperation in areas of green hydrogen, grid integration, including smart grids, storage, power market design and sustainable financing for clean energy projects, according to the MEA.

The two sides agreed to jointly host an India-EU offshore wind business and investment summit in the first half of next year, with an exhibition of European and Indian companies.

They also decided to organise an India-EU high-level platform on smart grid replication, identifying possible opportunities and barriers for replicating and upscaling smart grid projects in India, the MEA said.

Source
NDTV
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