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
Equipment

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

Next Story
Infrastructure Energy

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

Next Story
Infrastructure Energy

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App