Piyush Goyal highlights India’s green power capacity growth on Berlin visit
New Delhi [India], June 2 (ANI): Union Minister of State for Power, Coal, New and Renewable Energy and Mines Piyush Goyal has highlighted the surge in India's green power capacity to over 100 GW, including Hydro and nuclear to nearly five times since 2014.
Piyush Goyal, who visited Berlin, Leipzig and Munich to participate in a number of bilateral and business meetings, informed the German side on India's tremendous success in auctions, to ensure affordable renewable energy that can also be adopted in Germany by moving away Feed in Tariffs (FITs).
On his visit, Goyal also proposed a partnership with EESL, which can help India leapfrog and distribute energy efficiency products across the globe.
He also explored areas like potential availability of good technical assets in stressed solar companies in Germany, long term funding, grid balancing, electric vehicles development, off grid systems, green energy corridors and long term funding.
In line with Prime Minister Narendra Modi's vision of 'Make in India Mittelstand (MIIM)', Goyal met a few German companies engaged in or exploring Make in India including innovative firms in areas like Bio fuels (resolving pollution related issues from rice husk burning), building material from Sulphur capture at power plants (significant potential to reduce imports and fund pollution control equipment), battery storage, affordable off shore wind power and increasing flexibility in thermal plants to support rapid demand fluctuation and renewable energy addition.
He also recommended International Solar Alliance (ISA) Secretariat to hold monthly matchmaking meetings in collaboration with Industry Associations like CII, FICCI etc, which would include German and Indian companies including financing firms.
Goyal also visited the BMW's Electric Vehicle manufacturing facility near Leipzig which produces their i3 and i8 series of EVs. With a capacity of 30,000 EVs per year, the simple construction of EVs whose life (body shell) and drive (battery and motor) are literally glued together. With the setup of supporting infrastructure and advances in better technology, many Indian OEMs can explore EV manufacturing.
However, he also participated in Intersolar, one of the World's largest exhibitions for the solar industry. Addressing the gathering, he reiterated India's resolve to take up the leadership of saving the planet from climate change while others abrogate their leadership.
He highlighted how under Modi's visionary leadership, India has started the ISA which is well on its way towards ratification. He also highlighted how in future, with renewable revolution, electricity may become free and may only be given as an added incentive along with other services. (ANI)