Cabinet approves Cooperation Agreement between India and Denmark in the field of Renewable Energy with focus on Offshore Wind Energy
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval for a Cooperation Agreement between Ministry of New and Renewable Energy of India and Ministry for Energy, Utilities and Climate of the Kingdom of Denmark on strategic sector cooperation in the field of Renewable Energy with a focus on Offshore Wind Energy and a Letter of Intent to establish an Indo-Danish Centreof Excellence for renewable energy in India. The Agreement was signed in March, 2019 in New Delhi.
The objective of the Cooperation Agreement is to promote cooperation between the two countries in the field of renewable energy with special focus on Off-shore wind. The areas of cooperation would include technical capacity building for management of offshore wind projects, measures to develop and sustain a highly efficient wind industry, onshore as well as offshore; measures to ‘ensure high quality of wind turbines, components, and certification requirements; forecasting and scheduling of off-shore wind
The Indo-Danish Centre of Excellence in Integrated Renewable Power would work on Renewable energy resource assessments with focus on onshore and offshore wind; Hybridisation of wind, solar, hydro and storage technologies; integration of renewable energy inch high level of wind energy, Testing and R&D; and skill development / capacity building.
The signing of the documents will help in strengthening bilateral cooperation between the two countries.