UK-India MoU between ITES and PTC India announced to propel green energy innovation

UK-India MoU between ITES and PTC India announced to propel green energy innovation

ITES and PTC India have strengthened UK-India green energy ties with a new MoU aimed at accelerating Net Zero innovation. The collaboration will support the development of solutions to grid supply challenges, marking a significant step in their joint energy transition efforts.

16 February 2024

A breakthrough Memorandum of Understanding (MoU) has been signed in Delhi this week between Energy Systems Catapult and PTC India in another milestone towards UK-India collaboration on Net Zero innovation.

Part of the Innovating for Transport and Energy Systems (ITES) initiative, the partnership will help bring together research, innovation and industry intelligence to evidence and expedite new clean energy solutions.

Observed by officials from the British High Commission New Delhi, the MoU signing paves the way for more collaboration on critical energy transition issues affecting both nations, such as meeting the challenge of rapid electricity demand growth. Knowledge and innovation exchange as part of the agreement will aim to support UK-India ambitions in the global EV market – enabling EV and clean transport adoption, while also cutting emissions and improving air quality.

Andrew Stokes, the Catapult’s International Lead, signed the MoU on behalf of ITES and Energy Systems Catapult. He said: ‘Both the Catapult and ITES were established to drive innovation in the green energy transition. As a crucial part of India’s energy supply chain, PTC is central to that transition in India. We’re looking forward to working together to identify the challenges, and help expedite and expand the innovations that the UK, India, and the wider global community need.”

Echoing these sentiments, Dr Rajib Kr. Mishra, PTC’s Chairman and Managing Director, highlighted the importance of innovation and collaboration to meet the energy demands of a growing India. “For every megawatt added to our grid, we need to find innovative solutions. PTC is assisting India in staying ahead of the challenges to ensure a reliable, sustainable, and affordable energy supply for consumers. Today’s MoU symbolises our commitment to innovation and global collaboration in finding solutions.”

The partnership, underlining the alignment of the UK and India in their Net Zero ambitions, has been applauded by Anna Shotbolt, Deputy Trade Commissioner for South Asia. She noted: “This is a fantastic example of how organisations from our countries can unite to share expertise, accelerate the energy transition, and mutually support the success of UK and Indian businesses in both nations.”

UK-India MoU between ITES and PTC India announced to propel green energy innovation

UK-India MoU between ITES and PTC India announced to propel green energy innovation

ITES and PTC India have strengthened UK-India green energy ties with a new MoU aimed at accelerating Net Zero innovation. The collaboration will support the development of solutions to grid supply challenges, marking a significant step in their joint energy transition efforts.

A breakthrough Memorandum of Understanding (MoU) has been signed in Delhi this week between Energy Systems Catapult and PTC India in another milestone towards UK-India collaboration on Net Zero innovation.

Part of the Innovating for Transport and Energy Systems (ITES) initiative, the partnership will help bring together research, innovation and industry intelligence to evidence and expedite new clean energy solutions.

Observed by officials from the British High Commission New Delhi, the MoU signing paves the way for more collaboration on critical energy transition issues affecting both nations, such as meeting the challenge of rapid electricity demand growth. Knowledge and innovation exchange as part of the agreement will aim to support UK-India ambitions in the global EV market – enabling EV and clean transport adoption, while also cutting emissions and improving air quality.

Andrew Stokes, the Catapult’s International Lead, signed the MoU on behalf of ITES and Energy Systems Catapult. He said: ‘Both the Catapult and ITES were established to drive innovation in the green energy transition. As a crucial part of India’s energy supply chain, PTC is central to that transition in India. We’re looking forward to working together to identify the challenges, and help expedite and expand the innovations that the UK, India, and the wider global community need.”

Echoing these sentiments, Dr Rajib Kr. Mishra, PTC’s Chairman and Managing Director, highlighted the importance of innovation and collaboration to meet the energy demands of a growing India. “For every megawatt added to our grid, we need to find innovative solutions. PTC is assisting India in staying ahead of the challenges to ensure a reliable, sustainable, and affordable energy supply for consumers. Today’s MoU symbolises our commitment to innovation and global collaboration in finding solutions.”

The partnership, underlining the alignment of the UK and India in their Net Zero ambitions, has been applauded by Anna Shotbolt, Deputy Trade Commissioner for South Asia. She noted: “This is a fantastic example of how organisations from our countries can unite to share expertise, accelerate the energy transition, and mutually support the success of UK and Indian businesses in both nations.”

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