India and US Agree on Further Climate Agreements

India and US Agree on Further Climate Agreements India & US Shore Up Partnership to Anchor $500 Mn RE Infrastructure Investment Fund

Union Power Minister R. K. Singh met a delegation led by Mr. John Kerry, U.S. Special Presidential Envoy for Climate, today to discuss further collaboration on climate change issues to pave the way for the impending energy transition.

Mr. Alok Kumar, Secretary Ministry of Power, and other senior officials from the ministry were also present.

The American delegates appreciated India for its energy access drive  and commitment to achieve 450 GW of RE by 2030, said the Ministry of Power.

At the meeting, Mr. Singh spoke about GoI’s intent to move towards clean energy transition. The biggest challenge for infusing RE is “storage” which needs to be addressed immediately to make power accessible to the masses, said the minister. He mentioned that significant bids for green hydrogen and electrolyzers are planned in the upcoming months. Singh requested US delegates to send their companies to participate in the bids and highlighted India’s upcoming projects in Ladakh on green hydrogen and green energy corridors.

SPEC proposed that USA is willing to enter into a genuine collaboration with India to enable the country to realise its ambitious climate targets, which are expected to pave the way to India achieving sub 2°C level, much more than what has been committed under Paris Climate Agreement.

Singh expressed concern towards over 800 million people across the world who do not have access to electricity. He urged the US representatives to join the International Solar Alliance which can benefit many countries.

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. SPEC highlighted that India and USA could take a Global Leadership role on the Energy Transition front and show the rest of the world that ambitious RE targets can be achieved, added the ministry.

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Soumya Duggal

Soumya is a master's degree holder in English, with a passion for writing. It's an interest she has directed towards environmental writing recently, with a special emphasis on the progress being made in renewable energy.

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