EU intends to cooperate with India on solar power
POWER & RENEWABLE ENERGY

EU intends to cooperate with India on solar power

At the European Union (EU), European Commission President, Ursula von der Leyen, announced to step up cooperation with India on solar power, aiming to strengthen technology and security ties between Brussels and Delhi.

Her visit comes at a time for preventing dual-use technology from reaching Russia without stopping exports to India, which has remained neutral over the invasion of Ukraine.

She highlighted the need to secure global supply chains for the materials needed to make solar panels.

In March, Energy Commissioner Kadri Simson said that the EU’s bid to end dependence on Russia meant renewed political will and a practical need for boosting its renewables capacity in Europe.

According to the Fraunhofer Institute for Solar Energy Systems, Europe boasted over 40% of the world’s solar panel manufacturing capacity but recently declined to just 3%.

Asia accounts for 95% of current manufacturing. China alone produces two-thirds of solar capacity.

India intends to expand its solar manufacturing capacity because it relies on China for imports.

Large imports of solar photovoltaic (PV) panels pose risks to supply chain resilience and have strategic security challenges.

India and the EU already have a past of cooperating on solar power. In 2015, France and India founded the International Solar Alliance (ISA) to deploy solar power in poor countries.

During her visit, India and the EU announced creating a Trade and Technology Council to tackle challenges at the nexus of trade, technology and security.

The export crunch is affecting Russia’s ability to manufacture new weapons.

According to a report, the Russian Special Services are struggling to rebuild covert supply chains to continue to acquire critical components for Russia’s defence industries.

Russia already has mechanisms to launder dual-use technologies through third countries, which means that if the west wants to strangle Russian access, it may have to restrict exports to countries like India also for certain civilian products.

Image Source

Also read: India, Europe sign agreement to work on aviation security

At the European Union (EU), European Commission President, Ursula von der Leyen, announced to step up cooperation with India on solar power, aiming to strengthen technology and security ties between Brussels and Delhi. Her visit comes at a time for preventing dual-use technology from reaching Russia without stopping exports to India, which has remained neutral over the invasion of Ukraine. She highlighted the need to secure global supply chains for the materials needed to make solar panels. In March, Energy Commissioner Kadri Simson said that the EU’s bid to end dependence on Russia meant renewed political will and a practical need for boosting its renewables capacity in Europe. According to the Fraunhofer Institute for Solar Energy Systems, Europe boasted over 40% of the world’s solar panel manufacturing capacity but recently declined to just 3%. Asia accounts for 95% of current manufacturing. China alone produces two-thirds of solar capacity. India intends to expand its solar manufacturing capacity because it relies on China for imports. Large imports of solar photovoltaic (PV) panels pose risks to supply chain resilience and have strategic security challenges. India and the EU already have a past of cooperating on solar power. In 2015, France and India founded the International Solar Alliance (ISA) to deploy solar power in poor countries. During her visit, India and the EU announced creating a Trade and Technology Council to tackle challenges at the nexus of trade, technology and security. The export crunch is affecting Russia’s ability to manufacture new weapons. According to a report, the Russian Special Services are struggling to rebuild covert supply chains to continue to acquire critical components for Russia’s defence industries. Russia already has mechanisms to launder dual-use technologies through third countries, which means that if the west wants to strangle Russian access, it may have to restrict exports to countries like India also for certain civilian products. Image Source Also read: India, Europe sign agreement to work on aviation security

Next Story
Infrastructure Energy

REC Transfers HVDC Project to Power Grid

REC Limited has successfully handed over the Special Purpose Vehicle (SPV) for a High-Voltage Direct Current (HVDC) transmission project to Power Grid Corporation of India Limited (PGCIL). This strategic move aligns with the nation's objectives to strengthen its power transmission network. Key Highlights: Project Overview: The HVDC project, under the inter-state transmission system (ISTS) initiative, is a critical component of India's push toward robust and efficient electricity transmission. It aims to handle bulk power transfer across long distances while ensuring minimal losses. Role of RE..

Next Story
Infrastructure Transport

NF Railway Collaborates with IIT Guwahati

The Northeast Frontier (NF) Railway has signed strategic Memorandums of Understanding (MoUs) with IIT Guwahati to foster technological advancements and improve railway operations in the region. This partnership focuses on innovative solutions to enhance safety, efficiency, and sustainability in rail infrastructure. Key Highlights: Purpose of MoUs: The collaboration aims to leverage IIT Guwahati's expertise in technology and research for implementing cutting-edge solutions across railway operations. Key areas of focus include: Automation and digitization in maintenance. Sustainability initiati..

Next Story
Infrastructure Transport

Danapur Division Modernization Plans Revealed

The Railway Board has unveiled ambitious plans for the expansion and modernization of the Danapur Division, a critical hub under the East Central Railway. The initiative focuses on infrastructure development, enhanced passenger amenities, and operational efficiency. Key Highlights: Scope of Modernization: The Railway Board's blueprint emphasizes: Upgrading existing infrastructure to accommodate more passenger and freight traffic. Improving station facilities, such as platforms, waiting areas, and connectivity. Introducing advanced signal systems for safer and smoother operations. Freig..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000