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

The Indian Government officials met Jochen Flasbarth, State Secretary of the Ministry for Economic Cooperation and Development, Germany, in New Delhi and held talks to find ways to deepen the collaboration between India and Germany in the realm of renewable energy development and climate neutrality.

Jochen Flasbarth, who arrived in India for a two-day state visit, is basically 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 Renewable Energy (MNRE) and Ministry of Coal discussed ways to collaborate with Germany to heighten up renewable power generation to 500 GW by the end of this decade.

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“Next meeting at this critical time will be very relevant. Among issues will be climate neutrality. PM Modi had announced 2070 as the target year for climate neutrality in India,” Jochen Flasbarth said earlier today. “There’ll be lot to discuss,” said Flasbarth.

The German official also met India’s Foreign Secretary Harsh Vardhan Shringla to discuss economic cooperation and development other than bilateral issues between the two countries.

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

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Germany has been India’s leading partner in the renewable energy sector, especially in renewable energy and grid integration. Last November, Germany had announced commitments worth more than 1.2 billion or Rs 10,025 crore to help India tackle the challenges of climate change; mostly through energy transition.

Germany stated that at COP26 (Paris), India and Germany agreed to phase down unabated coal power. Germany will exit coal by 2038, possibly much earlier. India is also a part of the multilateral Coal Transition Programme funded by the Climate Investments Funds and supported by Germany. Germany said that India has already identified 50 GW of coal plants for retirement by 2027.