G20 Energy Transition Working Group meeting under India’s Presidency to be held in Bengaluru

The first G20 Energy Transition Working Group meeting under India’s Presidency will be held in Bengaluru from February 5th to 7th.

The delegates from G20 countries and guest countries will be part of the Working Group.

In addition leading, international organisations such as the World Bank, Asian Development Bank, United National Development Program, International Energy Agency, Clean Energy Ministerial, and International Solar Alliance among others will send its representatives for the meeting.

Technology gaps in energy transition, low-cost financing for energy transition, energy security and diversified supply chain, industrial low carbon transition and fuel for future are the priority areas set for the Working group discussion.

The delegates will visit Infosys Green Building Campus in Bengaluru and mega solar park in Pavagada as a testimony to India’s push towards renewable sector and efforts to mitigate climate change.

The delegates will also get to experience the rich cultural heritage, art, culture and cuisine of Karnataka. Speaking to media persons in Bengaluru yesterday, the Union Power Secretary Alok Kumar informed that India achieved 40 percent of its installed capacity from non-fossil fuel in 2021 itself as against the target of 2030.

Now the country has set a target to achieve 50 percent power generation capacity from renewable sources and reduce carbon dioxide emission by 45 percent by 2030. The Secretary said that India has set a target to achieve 90GW of solar equipment manufacturing capacity by 2030 and 15 to 20 GW capacity is already under construction.

He informed that the Working group will collaborate on ways to maximise green hydrogen and green ammonia generation, reduce dependency on lithium and look for alternative fuel cells like sodium-ion batteries. (AIR NEWS)

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