Power and renewable energy minister R K Singh expressed India’s interest in collaborating with the UK on offshore wind and has invited them to participate in the upcoming green hydrogen, lithium-ion bids.
He also stressed on the need of the developed and developing countries to work together for bringing down the cost of storage.
The minister was attending a meeting with Rt Hon Alok Sharma, COP 26 President on Tuesday.
During the meeting, discussions were held on the need to increase storage capacity in view of India’s 450-GW renewable energy capacity target by 2030.
India has already retired 16,369 MW of inefficient thermal units till March, 2021 added Singh. He informed the delegation that India is the only G20 country whose actions are in accordance with the NDCs set by them under the Paris Agreement.
According to the official statement, Alok Sharma also discussed phasing out coal-fired power plants in the meeting.