India, Iceland sign MoU on renewable energy co-operation

The Indian Ministry of New and Renewable Energy said it has signed a memorandum of understanding on renewable energy cooperation with Iceland.

Under the MoU, both countries will decide upon project proposals related to the design and development of various new and renewable energy technologies, identified areas of mutual interest and cooperation for systems, sub-systems, devices and components and will monitor and evaluate cooperation activities, the ministry said in a release.

Iceland and India co-operate in hydrogen and fuel cells under the International Partnership for Hydrogen Economy (IPHE).

In June this year Vilas Muttemwar, the Indian minister of new and renewable energy, led a delegation to Iceland, where both parties agreed to explore cooperation in the areas of geothermal, hydrogen and fuel cells and wind energy. Iceland will be fielding a trade delegation in November this year to establish industry level contacts in renewable energy. TFN.newsdesk@thomson.com ami/jro/jro/vlb C

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