UK willing to collaborate with India on green hydrogen

Alok Sharma UN Climate Change Conference met Union Minister of Power and Renewable Energy RK Singh and revealed the United Kingdom's interest in collaborating with India on green hydrogen. Singh informed that till March 2021, India already eliminated 16,369 MW of inefficient thermal units. According to the media reports, both sides showed their interest to explore the possibility of setting up a World bank for Green Energy. It could materialise the offer for $100 billion climate finance pledged by the developed countries under the Paris Agreement. The UK requested India to support organising a successful COP26 (UN Climate Change Conference of the Parties), which is to be held from October 31 to November 12 in Glasgow. Singh showed India's interest in partnering up with the UK on offshore wind. He also emphasised the requirement for developed and developing countries to collaborate to reduce the storage cost. The minister told the UK delegation that India is the only G20 country under the Paris Agreement whose activities are following the nationally determined contributions (NDCs). Throughout the meeting, there were discussions regarding the need of increasing storage capacity because of the ambitious target of India, which is to have 450 MW installed Renewable Capacity by 2030. The UK side is invited to take part in the coming bids for green hydrogen and lithium-ion. Image Source Also read: Clean Energy Partnership: US, India set up hydrogen task force Also read: Govt mandates green hydrogen purchase for some sectors