INDIA-MIDDLE EAST-EUROPE ECONOMIC CORRIDOR: POWERING ENERGY TRANSITION THROUGH ELECTRICITY INTERCONNECTION (indiafoundation.in)

Written By Kirsten McCracken

Source: Wikipedia

Read the full article here.

India and the Middle East collectively hold some of the world’s richest renewable energy resources. India has an ambitious non-fossil fuels capacity target of 500 GW by 2030, primarily driven by solar and wind power. The Middle East, particularly Saudi Arabia and the UAE, has also embarked on large-scale investments in solar energy, exemplified by projects like the Mohammed bin Rashid Al Maktoum Solar Park in Dubai and the Neom Green Hydrogen Project in Saudi Arabia. Grid interconnection would enable efficient utilization of these resources by allowing power to flow where and when it is needed, reducing curtailment and optimizing capacity utilization.

Kirsten McCracken
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