Categories: Business

India, EU to jointly explore opportunities in green hydrogen, off-shore wind power

India and the European Union on Friday decided to enhance the dialogue on clean and green energy between governments as well as industry and to jointly explore opportunities in green hydrogen, off-shore wind power.

Prime Minister Narendra Modi and European Commission President Ursula von der Leyen also issued a joint statement. Both sides agreed to enhance dialogue on clean and green energy between governments and industry with a focus on green hydrogen.

“Further expand and deepen cooperation under India-EU partnerships in areas of connectivity, clean energy and climate, water, smart and sustainable urbanization, and disaster management as well as work to intensify cooperation in specific areas such as clean hydrogen, offshore wind, solar energy, sustainable urban mobility, aviation, and railways,” the Joint Statement said.

In this context, they welcomed the agreement on holding an India-EU Green Hydrogen Forum and the India-EU Business Summit on Offshore Wind Energy, it added.

Ecology-economy balance

Prime Minister Modi emphasised that a balance between ecology and economy has been a shared commitment, and cooperation in this direction has been strong.

“We have decided to conduct a Green Hydrogen Forum and Offshore Wind Energy Business Summit. Joint research shall be undertaken on EV Batteries, Marine plastics and Green hydrogen. We shall also take forward our Joint Plan on Sustainable Urban Development,” he said in a statement.

In his address, the Prime Minister pointed out “some priority areas of cooperation” between the two sides, which includes Climate Action and Green Energy Innovation.

“India and the EU have prioritised the green transition. Through cooperation in sustainable urbanisation, water and clean energy, we can become drivers of global green growth,” he added.

Source link

nasdaqpicks.com

Recent Posts

West Bengal potato production estimated at a record 130 lakh tonnes this year

West Bengal is likely to harvest a bumper potato crop of over 130 lakh tonnes…

4 minutes ago

How to make an incredible, edible garden

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories…

5 minutes ago

Insurance query: Cover for aging-related ailments

I’m looking for a health insurance plan for my parents, who are both retired and…

11 minutes ago

Akasa expands international operations with direct Bengaluru-Abu Dhabi flights

Akasa Air is set to launch its first international flight from Bengaluru to Abu Dhabi.…

18 minutes ago

All hands on deco – 21 ways to live a gilded existence

Free your inner flapper with these stylish buys Source link

21 minutes ago

Imported coal based power plants to continue running at optimum capacity

The Power Ministry has directed imported coal based (ICB) power plants to continue operating at…

26 minutes ago