India and Norway have decided to target innovation projects in companies in the field of renewable energy.
According to PTI, an official statement mentioned that a joint call between the Research Council of Norway and Department of Science and Technology of India was launched during a week-long matchmaking workshop on renewable energy at the Norwegian Embassy. The call is for USD 1 million, targeting innovation projects in companies collaborating with research institutions in the field of renewable energy.
Close to 80 participants from Norway and India had a comprehensive and prosperous discussion on the sector. The representatives also discussed a wide range of topics including energy storage, grid integration, wind power, solar power, smart infrastructure based on artificial intelligence, hydro energy and off-grid solutions. Innovation Norway, the Norwegian Embassy, The Research Council of Norway, Institute of Technology Delhi and Department of Science of Technology co-hosted the workshop.
India has set ambitious goals in the field of renewable energy, especially within solar where the plan is to reach 100 GW capacity by 2020. Participants in the workshop emphasised that both countries are positive to future collaboration. The week also witnessed signing of memorandum of collaboration between NCE Smart energy Market Halden and Power Grid, B2B Roundtable with Power Grid and leading Indian Utilities, seminar on Incubation collaboration, site visits to Tata Power Delhi Distribution Limited Smart grid Labs, and Indo-Norwegian Workshop on Smart Grid Technologies among others.