Union Cabinet Approves MoU Between India and France on Renewable Energy

Union Cabinet Approves MoU Between India and France on Renewable Energy

The objective of the MoU as described in the press release, “is to define the modalities of discussions concerning, in particular, the future collaboration.”

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The Union Cabinet chaired by Prime Minister Narendra Modi has approved a memorandum of understanding (MoU) between India and France in the domain of renewable energy.

The MoU was signed between the Solar Energy Corporation of India Limited (SECI), and Commissariat a l’energie atomique et aux energies alternatives (CEA), which is a French state-owned research entity and BlueStorage SAS, a French Company.

The MoU was signed on 3rd October, 2018 in New Delhi.

The objective of the MoU as described in the press release, “is to define the modalities of discussions concerning, in particular, the future collaboration.”

In addition the two sides will also run a pilot project to provide SECI an e-vehicle charging station with embedded batteries, powered by solar panels and optimized connection to the grid.

The MoU has been signed in order to support the ambitious plan of the Indian government for the deployment of electrical vehicles, maximizing solar mobility and minimizing the impact on the electrical grid.

“The Memorandum of Understanding will help in strengthening bilateral cooperation between India and France,” the press release added.

India and France have been collaborating in the field of renewable energy for quite some time now. Prior to this, an agreement was signed in the field of research, to take forward information exchange on policies, programmes and technologies relating to enhanced energy efficiency and demand side management.

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