India's Minister of New and Renewable Energy Strengthens International Collaborations in Sustainable Development
Key Ideas
- Union Minister Pralhad Joshi attends Hamburg Sustainability Conference to boost cooperation in renewable energy and sustainable development with Germany and UK.
- India-Germany Platform for Investment in renewable energies launched during RE-INVEST 2024 to enhance business opportunities and technology transfer.
- India surpasses NDC target of 40% electric power capacity from non-fossil fuel sources by 2030 in 2021, ahead of schedule, aiming for 50% by 2030.
- India's energy transition efforts lead to investment and job opportunities in the renewable energy sector, supported by international collaborations.
Union Minister of New and Renewable Energy, Pralhad Joshi, is set to strengthen India's international collaborations in renewable energy and sustainable development during a three-day tour to Germany. He will attend the Hamburg Sustainability Conference to engage in bilateral meetings with Ministers of Germany, United Kingdom, and other officials, focusing on areas such as green hydrogen, low-cost finance, and the renewable energy value chain. The visit aims to elevate India-Germany relations, create business opportunities, and promote the expansion of renewable energy globally. The launch of the India-Germany Platform for Investment in renewable energies during RE-INVEST 2024 will further enhance technology transfer and business prospects. India's successful achievement of its NDC target ahead of schedule and its commitment to further increasing non-fossil fuel energy sources highlight its dedication to sustainable development. The energy transition efforts in India are not only meeting goals but also creating investment and job prospects in the renewable energy sector. Through initiatives like the International Solar Alliance, India continues to lead in global energy transition efforts, with this visit providing additional momentum to its objectives.
Topics
Power
Renewable Energy
Investment
International Collaboration
Sustainable Development
Business Opportunities
Green Shipping
India-Germany Relations
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