India, Germany Look To Raise Renewable Energy to 500 GW by 2030

Apr 26, 2022 01:13 PM ET
  • Jochen Flasbarth got on a two-day state visit, essentially preparing ground for Prime Minister Narendra Modi's upcoming visit to Germany next month.
  • Germany wishes to partner with India to heighten green as well as sustainable development.

The Indian Government officials met Jochen Flasbarth, State Secretary of the Ministry for Economic Cooperation and Development, Germany, in New Delhi as well as held speak to discover ways to deepen the cooperation between India and Germany in the world of renewable energy development and climate neutrality.

Jochen Flasbarth, that got here in India for a two-day state visit, is essentially preparing ground for Prime Minister Narendra Modi's upcoming visit to Germany next month.

Officials from the Ministry of Environment, Forest and Climate Change (MoEF & CC), Ministry of Power, Ministry of New and also Renewable Energy (MNRE) and Ministry of Coal reviewed ways to collaborate with Germany to heighten up renewable power generation to 500 GW by the end of this decade.

"Next conference at this important time will certainly be very relevant. Amongst issues will be climate neutrality. PM Modi had actually announced 2070 as the target year for climate neutrality in India," Jochen Flasbarth claimed previously today. "There'll be lot to review," said Flasbarth.

The German official additionally met India's Foreign Secretary Harsh Vardhan Shringla to discuss economic cooperation and development besides bilateral issues in between both countries.

He informed in a media instruction that Germany wants to partner with India to heighten green and sustainable development.

Germany has been India's leading companion in the renewable energy field, specifically in renewable energy and grid assimilation. Last November, Germany had actually announced commitments worth more than 1.2 billion or Rs 10,025 crore to aid India tackle the challenges of climate change; mainly through power transition.

Germany mentioned that at COP26 (Paris), India as well as Germany agreed to phase down unmitigated coal power. Germany will leave coal by 2038, potentially much earlier. India is additionally a part of the multilateral Coal Transition Programme moneyed by the Climate Investments Funds as well as supported by Germany. Germany claimed that India has actually already recognized 50 GW of coal plants for retirement by 2027.


SOLAR DIRECTORY
Solar Installers, Manufacturers