Australian clean energy innovators showcased their products and services on a mission to India.
Australia's largest clean energy delegation made a lasting impression at India Energy Storage Week (IESW) in New Delhi and Mumbai.
The 60-member delegation from 41 Australian companies met with more than 200 Indian companies from 1-5 July.
Australian High Commissioner to India, HE Mr Philip Green OAM, also attended IESW. The Austrade-led delegation was supported by Investment NSW, Invest and Trade Western Australia, and the Department of Foreign Affairs and Trade, and accompanied by the Smart Energy Council.
The Australian Pavilion was the largest at IESW. The pavilion showcased innovative Australian solutions across solar, energy storage, green hydrogen, circular economy, electric vehicles, energy manufacturing, critical minerals and smart grids.
The mission program included networking sessions, site visits and business-matching meetings. Delegates also pitched their technologies to major Indian renewable energy players, including Tata Power, Larsen and Toubro, Reliance Energy and Waaree Energies.
Key Indian companies also heard about investment opportunities in Australian green hydrogen, critical minerals and renewable manufacturing projects.
During the mission, the India Energy Storage Alliance (IESA) and the Powering Australia Industry Growth Centre signed a memorandum of understanding (MoU). The MoU extends a previous MoU between IESA and the Future Battery Innovation CRC (FBICRC).
Under the MoU, the 2 organisations will collaborate on refined and advanced materials for advanced battery manufacturing in India. They will also work to develop and integrate battery value chains between Australia and India.
New clean energy capability directory launched
IESW also provided the ideal platform to launch Austrade's Australian Clean Energy Equipment, Technology and Services Capability Directory.
High Commissioner Green launched the directory, which highlights innovative Australian clean energy products and services. The directory features more than 70 companies that offer solutions across solar, wave, wind, carbon capture utilisation and storage, energy storage, grids and behind the meter, bioenergy and energy from waste.
'The mission and the directory shone a spotlight on Australian clean energy know-how and energy transition solutions,' says Denise Eaton, Austrade's Trade and Investment Commissioner in Bengaluru. 'The exposure was valuable for our exporters and demonstrated how India and global businesses could go green with Australian capability.'
Find out how Australia's Sunrise CSP is providing sustainable energy solutions for a cancer hospital in Gujarat.
Austrade launched the Australian Clean Energy Equipment, Technology and Services Capability Directory during the mission.
India's renewable energy goals open opportunities for Australia
The Indian Government has set ambitious renewable energy goals. These include:
- sourcing 500 GW of installed capacity from renewables by 2030
- installing rooftop solar on 10 million Indian homes
- producing 5 million metric tonnes of green hydrogen by 2030.
Australia and India are working together to build new clean energy industries. The two countries have signed a Letter of Intent on New and Renewable Energy Technology. The Letter of Intent pledges to enhance cooperation and build stronger research and industry linkages. The focus is on scaling up the manufacture and deployment of:
- solar photovoltaic (PV) technologies
- clean hydrogen technologies, including electrolysers.
'Australia has materials, inputs and technology that could be a key part of India reaching its economic and renewable energy goals,' says Eaton. 'India can help Australia diversify renewable energy supply chains to ensure energy security across the region.
'India is an ideal market for Australian companies to scale up their technologies in the clean energy space.'
