India and Italy will Collaborate On Green Hydrogen, Gas Sector

India and Italy have agreed to explore development of green hydrogen by setting up renewable energy corridors, and joint projects in the natural gas sector.
The two leaders agreed to encourage joint investments of Indian and Italian companies in energy transition-related fields, according to a joint statement released after Prime Minister Narendra Modi met with his Italian counterpart Mario Draghi for the first time on the sidelines of the G20 Summit in Rome.

They agreed to “initiate a dialogue to support the development and deployment of green hydrogen and related technologies in India” as well as to “consider working together to support a large size green corridor project in India to capitalize on India’s target to produce and integrate 450 GW of renewable energy by 2030.”
Adding “encourage Italian and Indian companies to develop joint projects in natural gas sector, technological innovation for decarbonisation, smart cities and other specific domains.”

As it transforms to a low-carbon economy, India set an ambitious goal of constructing capacity to generate 450 gigawatts of electricity from renewable sources such as solar and wind, and more than doubling the amount of natural gas in its energy basket to 15% by 2030.

As part of its energy transformation strategy, it is also considering scaling up hydrogen generation from all sources, notably green hydrogen.
According to the joint statement, a joint working group will be charged under the Memorandum of Understanding on Cooperation in the Field of Energy, signed in Delhi on October 30, 2017, to study cooperation in areas such as smart cities, mobility, and smart-grids.

The group will also look at collaboration in areas such as electricity distribution and storage, gas transportation, and promoting natural gas as a bridging fuel, integrated waste management (waste-to-wealth), and renewable energy sources (green hydrogen; CNG & LNG; bio-methane; bio-refinery; second-generation bio-ethanol; castor oil; bio-oil waste to fuel).