Wednesday, January 15, 2014: Taking a step forward in strengthening its relationship with India, a renewable energy delegation from japan is visiting the country to explore the possibilities of partnership in the field of renewable energy.
A ‘Japan India Public Private Round Table on Renewable Energy’ organised by the Confederation of Indian Industry (CII) in partnership with the Ministry of New and Renewable Energy (MNRE) explored the possibilities in the areas where the two countries could join hands. Smart grids, waste to energy and storage solutions were identified as the areas where both Japan and India could explore partnerships.
According to a Business Standard report, Dr Satish B Agnihotri, secretary, ministry of new and renewable Energy, said, “Storage solutions is amongst the key renewable energy technologies that need to be evaluated. Within storage solutions, it is important to look at hybridization, given the intermittent nature of solar and wind power. Hybridization increases the combined capacity utilization factor thereby improving the financial viability. India also needs to leverage the Japanese experience in smart grid deployment and efficient appliances.”
The report quoted Takeshi Yagi, Ambassador of Japan, saying, “Expansion of technology innovation is extremely important in the renewable energy field. With both Japan and India witnessing a sharp increase in energy imports, renewable energy is a key component of the energy mix. There is a need to harness the huge potential of renewable energy through the development of new technologies and their application to society. It is also important to utilise the private sector’s know how in the areas of waste to energy, storage batteries and smart grids.”
Alok Srivastava, joint secretary, ministry of new and renewable energy, highlighted some key areas that could be improve the Indo-Japanese collaboration and said, “New areas of co-operation between India and Japan could be in developing cutting edge technologies. Another opportunity is in the area of financing at an affordable cost.”
