SECI, Global Energy Alliance Join Hands to Boost India's Energy

• SECI-GEAPP SoI signed for India's Net-Zero by 2070
• Focus on BESS, RTC/FDRE models, grid stability
• Mobilizes finance, tech aid for clean energy scale

India's​‍​‌‍​‍‌​‍​‌‍​‍‌ solar energy body, the Solar Energy Corporation of India (SECI), and the Global Energy Alliance for People and Planet (GEAPP) have formally agreed to work together (SoI) to help India move towards a clean energy transition that will result in Net-Zero emissions by 2070. This union between SECI and GEAPP strategically leverages SECI's capabilities in the rollout of large-scale renewable energy projects with the efforts of GEAPP to bring in finance and technical support which is a perfect solution to the twin challenge of increasing energy demand and climate goal, India is already on track for the achievement of its early NDC targets.

The partnership embraces a multi-pronged approach: grid stability is improved with the help of Battery Energy Storage Systems (BESS) and smart grid solutions, new market models such as Round-the-Clock (RTC) and Firm and Dispatchable Renewable Energy (FDRE) are introduced, the industrial sector is decarbonized, the energy sector is aided by advanced modeling and forecasting, Distributed Renewable Energy (DRE), efficiency measures, and consumer-focused programs are promoted, digitization is used for asset mapping and intelligent grids, and the proven concepts are scaled through tenders.

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One of the SECI top officials spoke: “The close cooperation is a significant move to extend SECI’s role as the execution arm of India’s renewable energy goals. It is absolutely necessary for making green energy affordable, reliable, and accessible to every corner of India.” Saurabh Kumar, GEAPP`s Vice President for India, let know: “A primary step towards the world’s energy transition is India’s commitment. that will assist in the establishment of a stable energy system which will not only facilitate India’s growth but also maintain its climate leadership globally.”

The SoI signed by Prashant Soni (SECI) and Saurabh Kumar (GEAPP) is a landmark moment. The collaboration emphasized the need for the joint de-risking of the technologies in the pipeline and the use of innovative financing as a vehicle to speed up deployment, hence, the energy future becoming sustainable and ​‍​‌‍​‍‌​‍​‌‍​‍‌inclusive.