India G20 Presidency win: seizes opportunity to drive offshore wind collaboration for clean energy transition

India’s G20 presidency presents an opportunity for offshore wind collaboration to achieve clean energy transition goals, addressing air pollution, climate change, and promoting job creation and economic growth.

India’s G20 presidency presents a valuable opportunity for offshore wind stakeholders to collaborate in achieving clean energy transition goals, according to Bhupinder Singh Bhalla, Secretary of the Ministry of New and Renewable Energy (MNRE). Bhalla emphasized the role of offshore wind in combating air pollution, addressing climate change, and its potential for job creation and economic growth. Key priorities identified for collaboration include permits and clearances, supply chain resilience, low-cost financing, capacity building, and market attractiveness.

Alok Kumar, Secretary of the Ministry of Power, highlighted the increasing significance of offshore wind in India’s power mix, comparing its potential to hydro and nuclear capacities. He emphasized a long-term vision beyond 2030 and the need for a robust value chain to attract industry participation.

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As India assumes the G20 Presidency, the offshore wind sector gains prominence as a key driver for economic growth and clean energy transition. Stakeholders are actively working together to realize their ambitious goals and drive substantial progress in the clean energy sector.