India and France on Renewable Energy Cooperation

05 Mar India and France on Renewable Energy Cooperation

(PIB)

Context:

• Recently, the Prime Minister of India apprised of the signing of the Memorandum of Understanding (MoU) between India and France in the field of renewable energy cooperation.
• The main aim of the MoU is to promote bilateral cooperation in the field of new and renewable energy on the basis of mutual benefit, equality, and reciprocity. 
• It also advocates for technologies with respect to solar, wind, hydrogen, and biomass energy.

Features of the MoU:

• Exchange of scientific and technological information and data, and personnel as well.
• Conducting workshops, seminars.
• Development of joint projects. 

Effects:

• This MoU will assist in the advancement of technological know-how in the field of Renewable Energy.
• It will also help the process of acquiring the determined target of 450 GW of installed Renewable Energy capacity by the year 2030.

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Ajit Satapathy