Karnataka and Australia Join Forces for Clean Energy and Green Hydrogen Advancements
Key Ideas
  • Karnataka Renewable Energy Development Limited and the Smart Energy Council of Australia signed an MoU to enhance cooperation in clean energy, renewables, green hydrogen, and more.
  • The MoU aims to promote the integration of Australian technologies into local markets, facilitate technology collaboration, and provide expertise and resources for scaling technologies.
  • The collaboration is expected to strengthen ties between Karnataka and Australian companies, identifying investment opportunities, and advancing clean energy and green hydrogen initiatives.
The Karnataka Renewable Energy Development Limited and the Smart Energy Council of Australia have signed a Memorandum of Understanding to enhance cooperation in clean energy, renewables, green hydrogen, battery energy storage systems, and related sectors. The MoU aims to promote and support the integration of Australian technologies into local markets, facilitate technology collaboration, and provide expertise and resources for scaling technologies. The Smart Energy Council will assist in supporting the scaling of technologies, connecting Australian companies with Karnataka, and identifying investment opportunities. The Energy Minister of Karnataka highlighted that this collaboration will strengthen ties with Australian companies and open up new investment opportunities in clean energy and green hydrogen initiatives. The MoU is set to remain in effect for three years, with the possibility of extension upon mutual consent.
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