IDCC seminar makes it clear: India will be one of the largest, and most important markets for renewable energy in the coming years.

Monday November 19th at Ramboll Headquarters in Copenhagen.

IDCC’s recent seminar on renewable energy in India attracted significant attendance at Ramboll’s headquarters in Copenhagen. The vibrant buzz from the audience in the auditorium was likely owing to the impressive targets the Indian government has put forward on renewable energy implementation. 227 GW of renewable energy by 2022 are the latest, albeit, unofficial figures and this was what many had come to ask questions about.

Denmarks Ambassador to India, Peter Taksøe-Jensen had this to say about the importance of the seminar:

“India’s very ambitious targets for implementation of renewable energy makes the country one of the largest and most important markets in the coming years. Outside the massive expansion of onshore wind- and solar energy, India has set aggresive targets for the implementation of offshore wind. The latter is an area where Denmark and Danish companies have build up great expertise and been on the forefront of bringing down costs. That is why, right now, India offers some of the greatest opportunities for Danish companies globally.”

India’s target for offshore wind energy by 2030 is double that of the entire European Union.

India and the Sustainable Development Goals

UN General Assembly President Maria Fernanda Espinosa recently said “If India succeeds in the achievement of the 2030 Agenda – we are talking about 1.3 billion people – this really can change the face of the world”. This especially holds true for SDG 7, to ensure access to affordable, reliable, sustainable and modern energy for all.

In his presentation, Peter Taksøe-Jensen stressed that Denmark sees India as a future strategic partner for the implementation of the Sustainable Development Goals. He also highlighted how Denmark is investing in Strategic Sector Cooperation and Climate envelope projects that will ultimately result in future market opportunities for the Danish private industry.

The Danish government is planning to open a Danish-Indian Knowledge Centre for the Development of Wind Energy in India. The knowledge centre is to be financed under the Danish Finance Act, and the plan is to allocate EUR 7.4 million over the next five years, read more here

 

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