NHPC and GGGI Join Hands for Green Energy Development in India
Key Ideas
- NHPC and GGGI have signed an MoU to collaborate on clean energy solutions, focusing on green hydrogen and sustainable financing in India.
- The partnership aims to promote innovative energy solutions like agrivoltaics, green hydrogen, and sustainable financing methods.
- This collaboration supports India's climate goals and commitments under the Paris Agreement by integrating renewable energy with agricultural operations and driving investments in green projects.
State-owned NHPC has formalized an agreement with the Global Green Growth Institute (GGGI) to work on advancing clean energy solutions, with a specific focus on green hydrogen and sustainable financing strategies. The Memorandum of Understanding (MoU) was signed in Faridabad, in collaboration with the Ministry of Power. The partnership between NHPC and GGGI aims to boost the development of innovative energy solutions, including agrivoltaics, green hydrogen, and sustainable financing methods. By exploring advanced technologies and integrating renewable energy with agricultural operations, the two entities seek to attract investments in green projects. This initiative aligns with India's broader climate objectives and its commitments to renewable energy transition as outlined in the Paris Agreement.