Why the latest India-UAE deal on renewable energy deserves two thumbs up

Frost & Sullivan analysts are impressed.

According to Frost & Sullivan, India and the United Arab Emirates' (UAE) energy demands are expected to soar at a fast pace over the next couple of years, making the share of renewable energy pivotal to meet the increasing energy demands. 

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This cooperation between the nations is clearly beneficial for both countries. Aspects like providing and training scientific and technical personnel would assist UAE in addressing the issue of qualified manpower for this sector, which we see as one of the greatest challenges facing the renewables sector in the country.

On the other hand, the UAE has been able to commit substantially to areas like research and development and can hence, contribute positively to India when it comes to aspects like equipment and technology.

Apart from collaboration in workshops, R&D and technology areas, this cooperation also serves as a platform for learning and sharing best practices and technical know-how considering India’s progress towards ramping up solar generation, post the announcement of Jawaharlal Nehru National Solar Mission as well as State specific Solar policies. With these synergies, both the countries are most likely to benefit mutually and enhance their capabilities significantly.