Indian Prime Minister Mr. Narendra Modi is at the G20 Summit in Rio de Janeiro, Brazil. At the sidelines of this summit, India and Australia officially launched the India-Australia Renewable Energy Partnership (REP) in their 2nd annual summit.

This initiative targets strong collaboration between the two nations in the renewable energy sector, with a focus on increasing investments and achieving climate goals.

Indian PM Mr. Modi and Australian Prime Minister Anthony Albanese emphasized their ambition to strengthen clean energy collaboration. This initiative depends on agreements made during the 1st India-Australia Annual Summit.

This Partnership will target key areas such as solar power, green hydrogen, energy storage, and other renewable energy technologies. It will create opportunities for two-way investment in projects, promote innovation, and lower dependency on fossil fuels.

A critical aspect of this agreement includes upgrading skills in the renewable workforce so that both countries have the human resources to achieve the growing demands in energy industry. 

Both leaders also highlighted the importance of supporting joint initiatives like solar PV projects and green hydrogen technologies which will increase energy capacity in both nations.

This Partnership is a major step forward in encouraging global cooperation on clean energy. India and Australia addressing the challenges of energy security and environmental conservation to build a sustainable future by working together.

The importance of international partnerships is the urgent need for clean energy solutions. Both nations look forward to a long-term collaboration towards a greener and more sustainable planet.

Source: