Don’t miss the latest developments in business and finance.

India and Netherlands to expand cooperation in renewable energy

Both countries ink an MoU, which will mainly focus on wind and solar energy, biomass and smart grids

BS B2B Bureau New Delhi
Indian and Dutch officials signing the MoU for renewable energy

Last Updated : Jun 05 2014 | 3:50 PM IST

India and the Netherlands have signed a Memorandum of Understanding (MoU) for intensifying cooperation on renewable energy between the two countries. Under this agreement an Indo-Dutch Joint Working Group will be set up and the exchange of technical and institutional knowledge on clean energy will be facilitated. The MoU signed by Dutch Ambassador, H E Alphonsus Stoelinga and the Secretary of the Ministry of New and Renewable Energy, Dr Satish Balram Agnihotri, in presence of Dr Farooq Abdullah, the Minister of New and Renewable Energy. The cooperation will specifically focus on wind and solar energy, biomass and smart grids.
 
Stoelinga, said, “Both India and the Netherlands have ambitious sustainable energy targets and face similar challenges in realising clean energy options in densely populated areas. The MoU will encourage cooperation between Indian and Dutch governments and governmental organisations, as well as between research institutions and private companies in both countries."
 
The Netherlands aims to have a sustainable, reliable and affordable energy system by 2050. As part of this, the Dutch aim to cut CO2 emissions by half, and to generate some 40% of electricity from sustainable sources such as wind at sea and biomass by that time. The Dutch have leading expertise in areas such as offshore wind energy, co-combustion of biomass in coal-fired power plants, methods to pre-treat biomass and smart grids. Indian expertise in turn excels in applying these high-tech solutions in a cost-effective manner.

More From This Section

 
To showcase the potential of stepping up Indo-Dutch collaboration in this field, a number of companies that are already active in implementing Dutch clean energy technologies in India were present at the signing ceremony - DSM, PwC and Thermax India. Thermax is setting up a 1 MW biomass gasification plant for Ruchi Soya Industries Limited, where the soya residue will generate 1 MW electrical power. The plant uses technology acquired from the Dutch Energy Research Centre and the Dutch firm Dahlman. Operational by March 2014, it will serve as a good example of how Indo-Dutch synergies succeed in applying cutting-edge technologies in a cost-effective way.
 
Another example is the Dutch firm DSM, one of the frontrunners in shifting from fossil fuels to processes that use biological materials. DSM is installing a Demo 1MW solar power plant at its engineering plastics manufacturing unit. This is a captive power generation unit thereby meeting 25% of their total electricity requirement from solar energy and reducing its CO2 footprint considerably. The plant is likely to be operational from mid-2014 onwards.

Also Read

First Published: Feb 11 2014 | 5:50 PM IST

Next Story