Cabinet Approves MoU With France On Renewable Energy Cooperation!!!

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Cabinet Approves MoU With France On Renewable Energy Cooperation!!!
Cabinet Approves MoU With France On Renewable Energy Cooperation!!!

Cabinet Approves MoU With France On Renewable Energy Cooperation: The signing of a Memorandum of Understanding (MoU) between India and the French Republic in the field of renewable energy cooperation was announced to the Union Cabinet, which is chaired by Prime Minister Narendra Modi. The Memorandum of Understanding was signed in January 2021.

The objective of the MoU: The aim of the Memorandum of Understanding is to lay the foundations for bilateral cooperation in the field of new and renewable energy based on mutual benefit, equality, and reciprocity. It includes solar, wind, hydrogen, and biomass energy technologies.

This Memorandum of Understanding will contribute to the growth of technical know-how in the field of renewable energy, assisting in the pursuit of the ambitious goal of 450 GW of installed renewable energy capacity by 2030.

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