Enhancing Cooperation in Clean Energy: Karnataka Signs MoU with Australian Smart Energy Council
Key Ideas
- Karnataka Renewable Energy Development Limited signed an MoU with the Smart Energy Council of Australia to enhance cooperation in clean energy, renewables, green hydrogen, and battery energy storage systems.
- The agreement aims to advance clean energy and green hydrogen initiatives, strengthening ties between Karnataka and Australian companies.
- The partnership will facilitate technology transfer, collaboration, bilateral investment opportunities, and identify prospects in clean energy, renewables, and green hydrogen sectors.
- As per the MoU, KREDL will promote and support integrating Australian technologies into local markets to boost clean energy initiatives.
Karnataka Renewable Energy Development Limited (KREDL) recently signed a Memorandum of Understanding (MoU) with the Smart Energy Council of Australia in Bengaluru. The primary goal of this agreement is to enhance cooperation in various sectors, including clean energy, renewables, green hydrogen, and battery energy storage systems. The MoU, signed by John Grimes, Chief Executive of the Smart Energy Council, and K P Rudrappaiah, Managing Director of KREDL, was aimed at advancing clean energy and green hydrogen initiatives. Energy department minister K J George highlighted that this collaboration will not only strengthen Karnataka's relationship with Australian companies but also foster technology transfer, collaboration, and exploration of bilateral investment opportunities in the mentioned sectors. Gaurav Gupta, Additional Chief Secretary, emphasized that the partnership will also focus on identifying commercialization prospects in clean energy, renewables, and green hydrogen. Additionally, the agreement includes provisions for KREDL to promote and support the integration of Australian technologies into local markets, contributing to the advancement of clean energy initiatives in the region.
Topics
Green Hydrogen
Renewable Energy
Technology Integration
Collaboration
Investment Opportunities
Commercialization
Technology Transfer
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