According to reports, India and Switzerland have agreed to explore avenues to increase cooperation in the field of renewable energy with the European country appearing keen to invest in the sector, Press Trust of India (PTI) reported.
In an hour long meeting between Swiss Head of Federal Department of Environment, Transport, Energy and Communication Doris Leuthard and New and Renewable Energy Minister Farooq Abdullah here, the two sides agreed to assist each other in meeting their renewable energy requirements.
“India and Switzerland have to make efforts to increase renewable energy use. We both are convinced that this will be the future. We have to do that because it is good for climate and it is good to have jobs here,” the Swiss Minister told reporters after the meeting.
She said that India has better potential for a renewable energy resource.
“There is a potential as India is a sunny country. You have better starting potential than Switzerland,” she said.
On the issues she discussed with her Indian counterpart, Leuthard said, “We exchanged our views on how we could cooperate and Swiss companies could invest here to give renewable energy a push.”
Observing that India offers a good climate for investment, she said, “I think the climate of investment here is good. I think the needs are here. I am very hopeful that by good cooperation with the Ministry, we can increase the Swiss investment (here).”
Appreciating the advance made by it in renewable energy, Abdullah said Switzerland can help India in fields of hydro-electricity and energy generation from waste material.
“In many areas of renewables they are much ahead. In hydro, we need them in a big way, because a number of our old projects had their time and new machines have to be put in. They have technology in that area. We feel that can be of great help to us,” he said.
India has also sought Swiss assistance in managing the waste material for energy generation.
“We are requesting their help to help us understand how we can generate from this colossal waste we have from homes, factories and other places, which we can use to generate energy which the country needs,” Abdullah said.
On taking further the engagement in this areas, the Union Minister said, “We hope to send a team of officers soon to Switzerland who will explore the areas where we can cooperate. I have requested their business people to come in much bigger way so that we can develop together.”