Sign In
Learn bits
Science & Tech., I.R.
Mahesh

03/05/22 08:34 AM IST

Green Hydrogen Task Force

In News 
  • Union Minister for Power and New and Renewable Energy Shri R.K Singh and German Minister for Economic Affairs and Climate Change HE Dr. Robert Habeck signed a Joint declaration of Intent on Indo- German Hydrogen Task Force virtually recently. 
About the agreement 
  • Under the agreement which was signed today both countries  will establish an Indo-German Green Hydrogen Task Force to strengthen mutual cooperation in production, utilization, storage and distribution of Green Hydrogen through building enabling frameworks for projects, regulations and standards, trade and joint research and development (R&D) projects.
  • Trade of Green Hydrogen and/or its derivatives such as Green Ammonia / Green Methanol would form the cornerstone of the collaboration.
Green Hydrogen Mission 
  • India has launched the National Green Hydrogen Mission with the goal to make India the global hub of Green Hydrogen production and export.
  • Germany also has developed an ambitious National Hydrogen Strategy with the aim to assume global leadership in hydrogen technologies.
  • Blessed with abundant renewable energy potential and experience of implementing renewable energy projects, India can produce low-cost Green Hydrogen to progressively decarbonize a range of industry sectors, and also export it to meet global demand.
  • With strengths in innovation and manufacturing, Germany is already implementing numerous hydrogen projects.
India and Germany 
  • India and Germany share the common goal to decarbonize their economies.
  • Both nations are committed to develop a national green hydrogen economy.
  • The common long-term goal is to reduce emissions and protect the environment.
  • This requires a global upscale of green hydrogen production and offtake. India and Germany therefore support the establishment of a global green hydrogen economy, to facilitate the achievement of the goals under the Paris Agreement.
  • Both sides are convinced that common goals can be achieved better in close cooperation, building on individual strengths and capacities.
Source-PIB 

More Related Current Affairs View All

08 Jan

Airline pilots’ body calls attention to lithium battery fire risk

'Recently, the International Federation of Air Line Pilots’ Associations (IFALPA) issued three position papers on the fire risk due to the use of lithium-ion batteries in air

Read More

08 Jan

V. Narayanan, who is set to take over as ISRO Chairman

'V. Narayanan, a noted rocket and spacecraft propulsion expert, is set to succeed S. Somanath as the next Chairman of Indian Space Research Organisation (ISRO).' Dr. Narayanan

Read More

08 Jan

Rat-hole mining

'Several workers have been trapped for more than 12 hours in a coal “rat-hole” mine after it was flooded with water  in Dima Hasao district of Assam.' The rescu

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps