Tag : Hydrogen

    Joint declaration of Intent on Indo–German Green Hydrogen Task Force signed

    Sunil Aswal
    May3/ 2022

    New Delhi (The Hawk): Union Minister for Power and New and Renewable Energy Shri R.K Singh and German Minister for Economic Affairs and Climate Change HE Dr. Robert Habeck signed a Joint declaration of Intent on Indo- German Hydrogen Task Force virtually today.  Shri Singh informed that India has emerged as one of the world leaders in energy transition with the fastest rate of growth of renewable energy capacities in the world. He told his German Counterpart that in India we have a transparent bidding system, an open market, an expeditious dispute resolution system, and we are globally acknowledged as one of the most attractive destinations for investment in RE. Shri Singh informed that India has emerged as one of the world leaders in energy transition with the fastest rate of growth of renewable energy capacities in the world. He told his German Counterpart that in India we have a transparent bidding system, an open market, an expeditious dispute resolution system, and we are globally acknowledged as one of the most attractive destinations for investment in RE. [https://static.pib.gov.in/WriteReadData/userfiles/image/IMG-20220502-WA0027MU5Q.jpg] Shri Singh emphasized that India has huge ambitions in energy transition. It will add 500GW of non fossil fuel capacity by 2030. India is coming out with bids for green hydrogen. The Minister further stressed on the need for developing storage for balancing RE such as pumped hydro and battery storage. It will also need large capacities of electrolysers manufacturing for Green Hydrogen for which India is already planning bids. He invited German industry to come and compete for developing this ecosystem in India. [https://static.pib.gov.in/WriteReadData/userfiles/image/IMG-20220 ...

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