PROJECTS: UAE-based IRENA, India’s renewable energy ministry sign agreement

PROJECTS: UAE-based IRENA, India’s renewable energy ministry sign agreement

UAE-headquartered International Renewable Energy Agency (IRENA) and India’s Ministry of New and Renewable Energy have signed a strategic partnership agreement to further strengthen its collaboration with IRENA in the field of renewable energy. IRENA said in a press statement that the agreement was signed by the Ministry of New and Renewable Energy (MNRE) Secretary, Indu Shekhar Chaturvedi and IRENA Director-General Francesco La Camera during the 12th IRENA Assembly. India installed 13 gigawatts (GW) of renewables in 2021 and has grown its capacity by over 53 GW in the last five years, positioning it as one of the fastest growing renewable energy adopters in the world. With massive renewable energy potential, India has an aim to become a major producer of green hydrogen to support the decarbonisation of its industrial economy. According to IRENA, hydrogen will account for around 12 per cent of total energy supply in a 1.5°C world by 2050. “India’s commitment for the cause of renewables is very well known and our record speaks for itself,” said Chaturvedi. "We hope to make full use of the strategic partnership agreement and draw fully upon the expertise of IRENA in the area of renewable energy.” “India is a renewable energy