India and IMT-GT JBC Sign MoU to Boost Energy Efficiency in Southeast Asia
India and IMT-GT JBC Sign MoU to Boost Energy Efficiency in Southeast Asia
India Energy Efficiency MoU with IMT-GT JBC aims to boost clean energy collaboration, drive sustainability, and promote regional green growth in Southeast Asia.
The first meeting of the G20 Energy Transitions Working Group was held in Bengaluru, India, and was a success, with participants sharing a consensus on the priority areas of energy security and diversified supply chains. The Secretary of Power, Alok Kumar, spoke to media members and explained that while the countries agreed on the importance of energy security, each country’s energy transition pathway would differ depending on its energy base and potential.
Despite this, there was a clear understanding that fossil fuels would continue to play a role in energy production in most countries for the next 15 to 20 years as the share of renewable energy grows. The Secretary also spoke about grid interconnections, such as the “One Sun, One World, One Grid” initiative promoted by India, which could lead to better utilization of available energy sources.
The meeting also discussed the need for energy efficiency in industries and universal access to clean energy. The Secretary explained that there was a shared belief that fuel prices and technology choices should be managed in order to provide affordable energy for everyone. The delegates praised India for its successful implementation of schemes such as Soubhagya, Ujala, and Ujjwal, which have led to complete access to electricity, clean cooking, and efficient lighting.
Additionally, India signed a Memorandum of Understanding (MoU) with the Indonesia-Malaysia-Thailand Growth Triangle Joint Business Council (IMT-GT JBC) in Malaysia to further promote energy efficiency and sustainable practices in the region. Energy Efficiency Services Limited (EESL), a public sector undertaking under the Ministry of Power, signed the MoU with IMT-GT JBC Malaysia.
As part of this partnership, EESL will provide technical advisory, project management support, contracting, and implementation support to execute select energy efficiency programs that have a proven track record of success. The next meeting of the G20 Energy Transitions Working Group is set to take place in the first week of April in Gandhinagar, Gujarat.
Suggested Articles
How Are Solar PV Modules Made? Complete Guide to the Manufacturing Process
Choosing the right solar panels can be confusing with so many options in the market. This guide simplifies solar panel selection by comparing types, efficiency ratings, and cost factors. Whether for your home, business, or industry, learn how to make an informed decision and maximize the return on your solar investment.
Solar Loans, Subsidies & EMI Plans: Financing Made Easy
Explore solar loans, government subsidies, and flexible EMI plans to make installing solar panels affordable and hassle-free.
Solar Power System Efficiency: How to Calculate for Residential, Industrial & Commercial Use
Understand and measure your solar system’s performance. Maximize energy output at home, industrial units, and commercial buildings
Agrivoltaics: Merging Solar Power with Farming
Discover how solar batteries store excess energy, maximize your solar system’s efficiency, and provide reliable power during outages. Learn about the types, benefits, lifespan, and maintenance tips to make the most of your solar investment.
Benefits of Site Survey in Solar PV Installation
Shadow analysis is a critical step in solar site assessment. It helps solar installers identify shading obstacles and optimize panel placement for maximum energy generation.
Solar Industry Faces Growing Losses from Underperforming Equipment
According to the Raptor Maps’ Global Solar Report, the amount of power loss due to equipment anomalies has nearly doubled from 1.61% in 2019 to 3.13% in 2022. This trend is expected to continue, with anomaly-driven power loss potentially growing to almost 6% by 2025.
PWM vs MPPT Charge Controllers: Specifications and Key Differences
Choosing the right charge controller is essential for battery performance and system efficiency. This guide compares PWM and MPPT charge controllers, explaining their specifications, working principles, and key differences to help you select the best option.
1MW Solar Power Plant Construction Cost & Profit in India
Choosing the right industrial solar EPC is critical for plant performance and ROI. This guide explains how Indian industries can select the best solar EPC partner.