Recently in New Delhi, R.K. Singh, the Union Power Minister, met a delegation led by John Kerry, the U.S. Special Presidential Envoy for Climate (SPEC). The purpose of the meeting was to discuss further collaboration on climate change issues and to work towards a genuine partnership between the two countries to pave the way for the rest of the world on Energy Transition.
The Power Minister informed the US side about GoI’s intent to move towards clean energy transition. He further stated that the biggest challenge for infusion of Renewable Energy (RE) was ‘Storage’, which needs to be addressed immediately to make power accessible to the masses. He mentioned that huge bids for Green Hydrogen and Electrolyzers are planned in the upcoming months. Singh requested the US side to send their companies to participate in the bids. He also highlighted India’s upcoming projects in Ladakh on Green Hydrogen and Green Energy Corridors.
SPEC communicated that the USA is willing to enter into a genuine collaboration with India to enable us realise the ambitious target of reaching 450 GW Renewable Energy by 2030, which would pave the way to India achieving sub 20C level, much more than what has been committed under Paris Climate Agreement.
Both sides agreed that Indian labs could work with the US labs with the objective of reducing costs and finding alternative chemistry for making energy transition economically viable.