Denmark has announced its Wind Alliance India (WAI) initiative in a bid to boost collaborative efforts between the two countries in the sustainable energy solutions sector.
The announcement, issued in a press release by the Embassy of Denmark in India, came during the Windergy India 2023 summit in Chennai, in which Denmark is a Green Strategic Partner country.
The WAI initiative aims to drive innovation, knowledge exchange, and investments to propel the growth of wind energy in India, promoting clean and renewable energy sources. The alliance builds on the Green Strategic Partnership signed in 2020 between India and Denmark, which seeks to deliver on both countries’ ambitious climate and sustainable energy goals.
Leading Danish and Indian organisations, including Vestas Wind Technology India Pvt. Ltd., Copenhagen Infrastructure Partners, LAUTEC, Baettr India Pvt. Ltd., The Confederation of Danish Industry, Danish Chamber of Commerce, Indo Danish Chamber of Commerce, Danish Energy Agency, Global Wind Energy Council, State of Green, and Indian Wind Turbines Manufacturing Association (IWTMA) are founding partners along with the Embassy of Denmark in India.
“As the world goes green renewables become more and more important. India’s energy demand will triple in the near future, all sources of energy must be harnessed and wind is an important energy resource,” said Danish Ambassador to India H.E. Freddy Svane.
While positioning India as a strong market for investment in the wind energy sector, the WAI initiative will seek to foster collaboration between relevant Danish and Indian industries, businesses, government bodies, research institutions, and financial stakeholders.
The initiative comes as India pushes towards achieving carbon neutrality by 2070 and as Denmark is also on the path to reducing carbon emissions by 70% by 2030 and achieving net zero by 2050, as per its Global Climate Action Strategy.