Srivastava made the statement at a Workshop on Grid Integration of Renewable Energy & Rooftop Solar in Urban Areas in New Delhi yesterday.
India has deployed 27 GW of grid-connected renewable energy as of February this year, according to MNRE. Secretary R.P. Watal added, "Our 12th Five Year Plan proposals for the next five years (2012-2017) seek a capacity addition of 30 GW, of which 25 GW is expected to come from wind and solar energy."
Currently renewable energy that is generated in the country is absorbed within the state grids. Grid balancing, which is a Sisyphean task in itself, hinders the intake of electricity into the grid to a certain limit. India hopes to find solutions to this problem with Germany's help and expertise.
A joint declaration of intent has already been signed between the two countries for soft credit up to 1 billion or INR 71 billion. Additionally, a Memorandum of Understanding was signed between the MNRE's solar unit, the Solar Energy Center, and Fraunhofer Institute in Germany to cooperate on areas like hydrogen and fuel cells as well as solar power.
Under the framework of the Indo-German Energy Forum (IGEF), there are plans for greater private sector participation. Under the patronage of IGEF an Excellence Enhancement Centre has been established for bilateral cooperation on sharing of best practices.