IREDA and IIT Bhubaneswar Ink MoU to Boost Renewable Energy Research and Innovation

• 13 Feb 2024

On 12^th February, 2024, the Indian Renewable Energy Development Agency Ltd. (IREDA) and the Indian Institute of Technology Bhubaneswar have forged a Memorandum of Understanding (MoU) to enhance innovation and research in the renewable energy sector.

Key Points

• Collaboration Objective: The MoU, inked during the 100 Cube Start-up Conclave at IIT Bhubaneswar, aims to foster joint research endeavors, facilitate technology transfer, and nurture the start-up ecosystem in renewable energy.
• Scope of Collaboration: The partnership will encompass various initiatives, including joint research projects, technology dissemination, and support for start-ups in the renewable energy domain.
• Comprehensive Support: IREDA and IIT Bhubaneswar will also focus on capacity-building endeavors such as training programs, seminars, and workshops to enhance the skills and knowledge of officials involved in renewable energy initiatives.
• Significance: Leveraging the expertise and resources of both entities, the collaboration aims to propel impactful research initiatives and sectoral growth.
• Shared Vision: The collaboration reflects a shared vision to advance renewable energy technologies, address sustainability challenges, and contribute to India's energy transition towards cleaner and greener alternatives.
• Commitment to Innovation: By combining resources and expertise, the partnership underscores a commitment to fostering innovation, promoting entrepreneurship, and catalyzing positive change in the renewable energy landscape.
• Government Support: The Ministry of New and Renewable Energy expressed its support for the collaboration, acknowledging its potential to drive transformative change and accelerate India's renewable energy goals.