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US Backs India-UK Led Photo voltaic Inexperienced Grids Initiative At COP26


US Backs India-UK Led Solar Green Grids Initiative At COP26

London:

The US has partnered with the UK and India-led Inexperienced Grids Initiative of a worldwide power grid launched by Prime Minister Narendra Modi on the COP26 local weather summit in Glasgow.

At a gathering of the Steering Committee of the Inexperienced Grids Initiative – ‘One Solar One World One Grid” (GGI-OSOWOG) earlier this week, US Secretary of Vitality Jennifer Granholm mentioned that the US is happy to be again within the local weather dialog and to accomplice with the brand new initiative.

“All of the power humanity makes use of in a 12 months is the same as the power that reaches the earth from the solar in a single hour,” mentioned Granholm.

“The GGI-OSOWOG is specializing in the 2 most essential items of the puzzle. We on the US Division of Vitality are blissful to be a accomplice with GGI-OSOWOG,” she mentioned.

The Worldwide Photo voltaic Alliance (ISA) below India’s presidency and the UK’s COP26 Presidency had launched GGI-OSOWOG in the course of the World Leaders’ Summit of COP26 on Tuesday.

The Steering Committee of GGI-OSOWOG contains 5 members moreover India and the UK, the US, Australia and France, and has been set as much as ship the imaginative and prescient of One Solar One World One Grid below which 80 international locations have resolved to mix their efforts to create extra interconnected grids, endorsing the ‘One Solar Declaration”.

Vitality Secretary Granholm informed the assembly this week that the US is specializing in next-generation applied sciences to make sure photo voltaic panels and grids are persistently environment friendly throughout markets and geographies.

“The US is serious about serving to international locations that would not have entry to electrical energy by leveraging the ability of the solar,” she mentioned.

Following the leader-level occasions of the United Nations Framework Conference on Local weather Change (UNFCCC) twenty sixth Convention of Events (COP26) in Glasgow on Monday and Tuesday, every nation”s delegates and officers have been taking part in a sequence of conferences to finalise the best way ahead to sort out local weather change by the tip of the summit on November 12.

The Indian staff consists of Minister of Surroundings, Forest and Local weather Change Bhupendra Yadav and chief negotiator Richa Sharma.

“We should return to the solar to avoid wasting the earth. Because the world progresses to attain new heights economically and socially, photo voltaic power will energy the transition,” mentioned Yadav.

“The GGI-OSOWOG initiative has sustainable improvement and local weather change mitigation at its core with deal with underserved areas. It would stimulate inexperienced funding and create thousands and thousands of inexperienced jobs,” he mentioned.

The One Solar Declaration for GGI-OSOWOG can be targeted on constructing new transmission strains crossing frontiers and connecting completely different time zones, creating a worldwide ecosystem of interconnected renewables which are shared for mutual profit and world sustainability.

This can be mixed with expanded and modernised nationwide and regional grids and complemented with the fast scale-up of mini-grids and off-grid photo voltaic options.

Dr Ajay Mathur, Director Normal of Worldwide Photo voltaic Alliance, mentioned: “The success of the large GGI-OSOWOG initiative is dependent upon a rustic”s personal grid growth plans, which might require investments”.

“The grid interconnections at intra and inter regional ranges play a major position to decarbonise our power methods through the use of photo voltaic and different renewable power sources positioned in numerous time zones and amplifying that impression at massive scale.

“We stay up for a extremely interconnected geo-economic future that assimilates massive scale worldwide networks and preparations for a greater and extra resilient interconnected world that can maintain extra choices domestically empowered however at a worldwide degree,” Mathur mentioned.

The World Financial institution has additionally expressed its assist because it expects this initiative to assist leverage the advantages of complementarity between renewable mills and non-centres throughout continents by getting them interconnected.

“The OSOWOG initiative has the potential to combine the worldwide electrical energy system into one that’s geared in direction of the next share of variable renewable power whereas decreasing consumption of fossil gas.

“This can usher in a brand new period of harnessing a a lot increased share of renewable power capitalising the power transition that’s happening globally and serving to construct an ecosystem primarily based on mutual belief and shared profit,” mentioned Riccardo Puliti, Vice President for Infrastructure on the World Financial institution.

The ISA, launched at COP21 in Paris and lately expanded to incorporate all UN member states, goals to assist mobilise USD 1 trillion of funding by 2030 to help growing international locations in increasing their solar energy grids.

The initiative is broadly seen as an enormous and daring transfer in ISA’s ongoing efforts to understand a worldwide photo voltaic transition.

The worldwide grid idea was first introduced by Prime Minister Modi in October 2018 in the course of the first meeting of the ISA.

In Could 2021, the UK pledged technical, monetary and analysis assist for the OSOWOG challenge.

(This story has not been edited by NDTV employees and is auto-generated from a syndicated feed.)



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