EU Zone at RE-Invest 2020

The Delegation of the European Union to India actively participated in the 3rd Global Renewable Energy Investment Meeting and Expo (RE-Invest 2020), with a dedicated EU session and an EU Zone. The EU Zone included virtual booths from the European Union, Indo-German Energy Forum (IGEF), Agence Française de Développement (AFD), SolarPower Europe, WindEurope and AVERE (The European Association for Electromobility). On 27th November 2020, the EU session was organised, titled ‘EU-India Cooperation of Renewable Energy with a focus on Off-shore Wind’. The EU-India Clean Energy and Climate Partnership Dashboard was launched at the EU Zone. 

The virtual session provided a platform to discuss the cooperation between the EU and India in the area of renewable energy, in particular the offshore wind sector. The new EU Strategy on Offshore Renewable Energy was presented and the future of the Indian Offshore wind industry was discussed, focusing on the required supply chain. The session aimed at identifying the current gaps in a potential off-shore supply chain in India and assessing how Indian and European businesses can best tap into this promising renewable energy market.

A report on “Supply Chain Study for Off-shore Wind in India” drafted under the ‘Business Support to the EU-India Policy Dialogues’ project was also released during the session. The report identifies the challenges and opportunities to India’s off-shore wind industry and highlights the developments that are needed to achieve the desired cost reduction and scalability in the offshore wind industry.

The session was supported by the EU-India Clean Energy and Climate Partnership (CECP) project and was attended by various participants, representing policymakers, regulators, project developers, manufacturers, port operators, system integrators, EPCs, think tanks, consultants and academia from across the globe.