India-Australia Renewable Energy Partnership Launched at G20 Summit
Key Ideas
  • Indian PM Modi and Australian PM Albanese launched the India-Australia Renewable Energy Partnership at the G20 Summit.
  • The partnership aims to enhance collaboration in solar PV, green hydrogen, energy storage, and workforce training.
  • Both leaders expressed satisfaction with progress in strengthening bilateral ties across various sectors like trade, defense, and skills development.
  • The leaders emphasized the potential of 'Make in India' and 'Future Made in Australia' initiatives to create new jobs and boost economic growth.
Indian Prime Minister Narendra Modi and Australian Prime Minister Anthony Albanese MP launched the India-Australia Renewable Energy Partnership during the second India-Australia Annual Summit at the G20 Summit in Rio de Janeiro. The partnership focuses on areas such as solar PV, green hydrogen, energy storage, two-way investment in renewable energy projects, and workforce training. Both leaders acknowledged the progress in strengthening bilateral ties across sectors like climate change, trade, defense, and education. They highlighted the importance of research, innovation, and sustainable practices in the critical minerals sector to support clean energy transitions. The joint statement also mentioned the commitment to enhance two-way investments and promote economic growth through initiatives like the Australia-India Business Exchange program. The leaders expressed optimism about the 'Make in India' and 'Future Made in Australia' initiatives, recognizing their potential to create jobs and enhance economic prosperity.
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