India And German Hydrogen Task Force On the Union Minister of Energy, New and Renewable Energy, R. Of. Singh and the German Minister of Economic and Climate Change Dr. Robert Hebek the one Joint Declaration of Intent – JDI signed on. India has emerged as a global leader in the energy transition, with the world’s highest pace of expansion in renewable energy capacity. Minister R.K. Singh informed his German counterpart that India had a A clear bidding process, an open market, a quick dispute resolution system and most widely Attractive RE investment destinations recognized as one of the
- India has lofty goals in terms of energy transition. By 2030, 500 GW of non-fossil fuel capacity will be added to this.
- India has submitted proposals for green hydrogen.
- German companies compete for the development of this ecosystem in India.
- The two countries signed an agreement to strengthen mutual cooperation in the production, use, storage and distribution of green hydrogen by creating an enabling framework for projects, regulations and standards, trade, and joint research and development (R&D) projects. Establish an Indo-German Green Hydrogen Task Force.
- The National Green Hydrogen Mission was created with the objective of making India a global hub for green hydrogen production and export. Germany has also drawn up a bold national hydrogen strategy with the goal of becoming a global leader in hydrogen technology.
- India, due to its rich renewable energy potential and experience in implementing renewable energy projects, can create low-cost green hydrogen to gradually decarbonize a range of industry sectors, as well as to meet global demand. Can export as well. Germany is already undertaking various hydrogen initiatives thanks to its capabilities in research and industry.
Both countries are working to establish a national hydrogen economy. The long-term objective is to reduce emissions while protecting the ecosystem. This requires a global increase in green hydrogen production and consumption. As a result, India and Germany support the creation of a global green hydrogen economy to help meet the goals of the Paris Agreement. Both sides believe that achieving common goals requires closer cooperation, based on individual strengths and capabilities.
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