EU intends to cooperate with India on solar power

29 Apr 2022 CW Team

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

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..