Updated: Apr 6
Japan has joined hands with India and launched a Clean Energy Partnership (CEP).
This latest cooperation aims to achieve sustainable economic growth, address climate change and ensure energy security.
This initiative was launched on the occasion of the 14th India-Japan Annual Summit attended by Japanese Prime Minister Fumio Kishida.
"The partnership will lead to clean growth by boosting job creation, innovation and investments. It will also demonstrate to the world that India and Japan are at the forefront in delivering on the ambitious climate and sustainable development goals," according to a statement issued by the Ministry of External Affairs.
It has been further stated, "Cooperation under this partnership will build on the work already being covered out by the two sides under the foundation of the 'India-Japan Energy Dialogue' established in 2007 and will substantially expand the areas of collaboration for mutual benefit."
It has been reported that the duo will work together in areas such as electric vehicles (EV), storage systems including batteries, electric vehicle charging infrastructure (EVCI), solar energy, clean including green hydrogen/ammonia, wind energy among others.
Besides, they will also work on exchange of views on respective energy transition plans, energy efficiency, CCUS (Carbon dioxide Capturing, Utilization and Storage) and Carbon Recycling.
The ministry further informed that the "implementation of the partnership will be undertaken under the existing ' India-Japan Energy Dialogue', among various stakeholders such as Ministries and organizations involved in this mechanism."