PM Modi and Anthony Albanese welcomed the launch of the Renewable Vitality Partnership (REP)
Rio de Janeiro:
India and Australia on Tuesday formally launched the Renewable Vitality Partnership aimed toward boosting two-way funding within the renewable vitality sectors as Prime Minister Narendra Modi held talks together with his Australian counterpart Anthony Albanese right here.
The 2 leaders held the 2nd India-Australia Annual Summit on the sidelines of the G20 Summit in Rio de Janeiro throughout which they reiterated their dedication to additional advance the Complete Strategic Partnership in myriad areas like defence & safety, commerce & funding, schooling, expertise, sports activities, area, mobility & people-to-people ties.
Each leaders welcomed the launch of the Renewable Vitality Partnership (REP), as agreed in the course of the 1st India-Australia annual summit.
“India and Australia have shared ambition to maneuver sooner, work collectively and deploy our complementary capabilities to drive local weather motion,” in keeping with a joint assertion.
“The Prime Ministers welcomed the launch of the India-Australia Renewable Vitality Partnership (REP) which would supply the framework for sensible cooperation in precedence areas similar to photo voltaic PV, inexperienced hydrogen, vitality storage, two-way funding in renewable vitality tasks and allied areas; and upgraded expertise coaching for the renewables workforce of the long run,” the joint assertion learn.
“Our renewable vitality partnership is formally launched,” Albanese stated, including that this new partnership will increase two-way funding within the renewable vitality sectors in issues like photo voltaic, inexperienced hydrogen and the renewables workforce. “We’re doing a lot work collectively on driving renewable vitality transition to fulfill our web zero targets,” he stated.
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