New Delhi: India is committed to achieving the target of 450 GW of installed renewable energy capacity by 2030. Union Minister for Power, New and Renewable Energy (MNRE) RK Singh stated the ambitious goal of India while addressing the Ministerial session of the Green Grids Initiative-One Sun One World One Grid (GGI-OSOWOG).
“India is well on its way to achieving its Nationally Determined Contributions (NDCs) relating to clean energy and emission reduction well ahead of the target date. We see the GGI-OSOWOG initiative as a possible solution for driving down the need for storage of renewable energy and in effect reduce the cost of energy transition,” RK Singh said.
The idea of the One Sun One World One Grid (OSOWOG) initiative was put forward by the Prime Minister of India Narendra Modi at the First Assembly of the International Solar Alliance (ISA) in October 2018. Modi had called for connecting solar energy supply across borders. In May 2021, the United Kingdom and India agreed to combine forces of the Green Grids Initiative and the One Sun One World One Grid initiative and jointly launch GGI-OSOWOG at the UN Summit on Climate Change (COP26) being hosted by the UK in Glasgow in November 2021.
Kwasi Kwarteng, Secretary of State for Business, Energy and Industrial Strategy of the United Kingdom, Tinne Van der Straeten, Minister of Energy of Belgium, Dr Ajay Mathur, Director-General of the International Solar Alliance (ISA) and Dr Junaid Ahmad, Country Director, World Bank India were also present at the session.
The two-day program was hosted by Wilton Park, the executive agency of the United Kingdom’s Foreign, Commonwealth, and Development Office (FCDO) for a strategic discussion on the Green Grids Initiative-One Sun One World One Grid (GGI-OSOWOG).
Secretary Kawsi Kwarteng appreciated the innovative work that has been done by the ISA and India towards developing OSOWOG. Van Der Straeten, the energy minister of Belgium commented that with the GGI-OSOWOG initiative, cost-effective solar power could be delivered to Belgium all the way from India. Experts at the session agreed that the scale of the project could very well make it the next biggest modern engineering marvel.