RK Singh, India’s Minister for Energy and New Renewables stated on Sunday that the country was getting close to a “grand deal” with the United Arab Emirates (UAE) on renewable energy. Reuters was informed by Raj Kumar Singh, who was in Abu Dhabi, United Arab Emirates, to visit oil producers for the International Renewable Energy Agency (IRENA) meeting. He stated that he needed approval. He did not specify a date.
Singh, who is in Abu Dhabi for the International Renewable Energy Agency (IRENA) conference, did not provide any additional information regarding the timeline, but he did confirm that the agreement is currently in the stage of final approval.
Singh stated, “We have an important agreement to connect the power grids of the UAE and India.” The minister went on to say that the agreement is a part of the One Sun, One World, One Grid (OSOWOG) initiative, which was started by a group of nations to build grids for renewable energy.
His OSOWOG initiative, which was first put forth by Prime Minister Modi, aims to transmit renewable energy through interconnected grids. The Indian Embassy in the United Arab Emirates made the announcement via Twitter on Friday regarding the signing of a memorandum of understanding on January 13 for the development of green hydrogen generated by renewable energy. The Ministry of Foreign Affairs and International Cooperation of the United Arab Emirates immediately declined to comment. A Memorandum of Understanding (MoU) has been signed between the two nations to develop green hydrogen powered by renewable energy. The minister reiterated the UAE’s desire to make investments in India’s solar and wind power projects.
Additionally, the minister endorsed Climate Commissioner Sultan Al He Jaber for the position of COP 28’s next president and the Gulf States as the host nation. Rich nations have the potential to take over the global response to the environmental crisis.
“He (Jayber) is a climate change and renewable energy frontman. You can see the entire energy sector, the entire basket when you look at the energy transition, and he is also working on environmental initiatives in the oil and gas sector.
Countries with a lot of fossil fuels, like the United Arab Emirates, are going with a transition based on hydrocarbons, which helps reduce carbon emissions while keeping energy security in mind.
The country in the Gulf of Aden signed a comprehensive trade agreement with India last year with the goal of increasing bilateral non-oil trade to $100 billion over the next five years.
Singh supported Sultan Al Jaber, the head of state oil company ADNOC and his UAE climate commissioner, as the next president of COP28 and supported the UAE hosting his COP28 climate conference this year. This is me.
In addition, the Minister endorsed Climate Commissioner Sultan Al Jaber for the position of COP 28 President-Elect and the Gulf States as hosts of the Climate Conference. Rich nations have the potential to take over the global response to the environmental crisis. Some activists were critical of Jaber’s appointment because they were concerned that concerns regarding fossil fuels would take over the global response to the environmental crisis.
In 2006, Jaber, who is also the Minister of Industry and Advanced Technologies for the United Arab Emirates, helped establish Masdar, a renewable energy company in Abu Dhabi. Producers of energy in the Gulf, including the United Arab Emirates, are looking for a practical transition that will decarbonize while preserving hydrocarbons’ role as energy security.