Sweden, India Join Hands to Bolster Renewable Energy Technologies

The first MoU was inked between Swedish firm Spowdi and EMVEE for setting up local manufacturing and assembly unit in Bangalore.

Sweden and India signed 2 Memorandum of Understandings (MoUs) in the renewable energy sector to enhance technology and bring in power efficiency.

The first MoU was inked between Swedish firm Spowdi and EMVEE for setting up local manufacturing and assembly unit in Bangalore.

Embassy of Sweden said in a statement that, the second MoU was signed between Swedish Neutral and Tata Power DDL for setting up pilot for earth fault protection in Delhi.

The MoUs were signed on the sidelines of inauguration of the ‘Sustainability by Sweden – Showroom India’ by Swedish Energy, Agency Business Sweden and Embassy of Sweden under the Sweden India nobel memorial programme, it said.

India and Sweden share a long history of collaboration, which is guided by MoUs in the fields of energy, environment, science & technology and sustainable urban planning. To further strengthen the collaboration, this showroom has been set up in India as a next step towards bi-lateral programme – India Sweden innovations accelerator (ISIA), the statement said.

The showroom will present over 20 Swedish innovative technologies, which have been introduced and filtered through the dedicated ISIA programme. It has been recognised as the flagship programme to expand research, innovation and business cooperation on new energy technologies between India and Sweden.

“India is a growing country and equally contributing to the global energy sector. Going further, there is a need to add renewables and sustainability solutions. We are looking forward to stronger India – Sweden association and programs to support innovations and new technologies,” Verma said in the statement.

Source: PTI