India and the European Union agreed to work in the Integrated Local Energy System during India’s Smart Utility Week 2020. As per the agreement, the countries will work upon clean energy and climate. Highlights: The partnership will foresee strengthened cooperation in energy research and innovation, especially in renewable energy and its integration in the energy system. The collaboration will make energy supply cleaner, more efficient, and affordable to all. The Indo-EU flagship call is in line with both the European Union’s and India’s involvement in Mission Innovation (MI). MI is a global initiative of the European Commission and 24 countries. MI committed to reinvigorate and accelerate global clean energy innovation with an aim to make clean energy widely affordable. It will also give novel solutions encompassing local integration across various energy vectors and increase renewables share in the energy mix and high energy efficiency.
Shruthi M is a dedicated Business News Reporter at Global Business Line, specializing in breaking stories, insightful analyses, and comprehensive coverage of the global business landscape. With a keen eye for detail and a passion for delivering accurate and timely news, Shruthi keeps readers informed on the latest market trends, corporate strategies, and economic developments shaping industries worldwide.
