February 28, 2024

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India, Australia Collaborate on Low Emission Technologies

Image credit: MinOfPower; Twitter

India and Australia have signed a Letter of Intent (LoI) to drive down the cost of new and renewable energy technologies and scale up the manufacturing of ultra-low-cost solar and clean hydrogen. The LoI was signed during the fourth India-Australia Energy Dialogue by the Australian Industry, Energy and Emissions Reduction Minister, Angus Taylor, and India’s Minister of Power and New and Renewable Energy, Raj Kumar Singh.

The LoI is part of the Australian government’s $565.8 million commitment to support new international partnerships that make low emissions technologies cheaper and drive investment in Australia-based projects to create up to 2,500 jobs. It is Australia’s sixth bilateral low emissions technology partnership, following agreements with Germany, Singapore, Japan, the Republic of Korea, and the United Kingdom.

Under the agreement, the two sides will work on energy efficiency technologies, grid management, and research and development collaboration on flue gas desulphurisation, biomass or hydrogen co-firing, water cycle optimisation, renewables integration, batteries, and electric mobility.

According to the Australian Minister, the partnership reflected each country’s respective strengths and the government’s commitment to working with like-minded partners on low emissions technologies. More than 90% of solar cells globally use Australian technology. Over the next ten years, India will be one of the largest adopters of solar technology in the world and Australian innovators are well-placed to tap into this market. Ultra-low-cost solar and clean hydrogen technologies are priorities under Australia’s Technology Investment Roadmap. The roadmap is expected to inform around $18 billion of government investment in the decade to 2030 and produce $70 billion of new investment in low emissions technologies.

Australia said it would work with India to strengthen industry and research links between the countries and unlock new economic opportunities. At the same time, it will remain a supplier of coal and other traditional resources commodities to India. The two sides will also continue to collaborate through the Quad, G20, UNFCCC, and the International Solar Alliance on the development and deployment of low emissions technologies in our region and across the globe.

The agreement follows the meeting between Australia’s Prime Minister Scott Morrison and India’s Prime Minister Narendra Modi in the margins of QUAD discussions held in September 2021, where both leaders committed to progress a partnership.

During India’s Budget 2022 session, the Finance Minister, Nirmala Sitharaman, announced the government would allocate ₹195 billion (US$2.5 billion) to promote the domestic manufacturing of high-efficiency solar modules and make energy audits of commercial buildings mandatory to boost energy saving company (ESCo) business. The additional PLI allocation is expected to help set up 30-35GW of solar module capacity and 25-30GW of cell capacity by 2024 as the country targets a 280GW solar capacity by 2030. The move will reduce dependence on imports, which stand at 90% for cells and 75-80% for modules currently. Further, the Budget proposal of mandatory 5-7% co-firing of biomass pellets in coal power plants will reduce emissions and could curb stubble burning, saving an estimated 38 million tonnes of carbon dioxide emissions a year.

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Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

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SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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