SolarPower Europe and the National Solar Energy Federation of India (NSEFI) have signed a Memorandum of Understanding (MoU) aimed at strengthening cooperation between the European Union and India in solar manufacturing. The agreement focuses on diversifying and improving the resilience of global solar value chains through joint initiatives in business development, regulatory coordination, and knowledge sharing.
Under the terms of the MoU, both organisations will collaborate to identify business and financing opportunities for manufacturing projects. The cooperation also includes efforts to address regulatory issues related to market access for solar equipment and to facilitate discussions with policymakers on enabling solar manufacturing initiatives between the EU and India.
The partnership aligns with the objectives of the India-EU Clean Energy and Climate Partnership (CECP), which promotes joint action in clean energy and supply chain development. It also follows recent commitments by leaders from India and the European Union to strengthen collaboration on clean energy technologies.
Máté Heisz, Chief Operating Officer at SolarPower Europe, stated, “The EU and India are important partners in clean tech. EU legislation, like the Net-Zero Industry Act, and the new European competitiveness agenda is driving demand for resilient solar products at home. India plays a critical role in the diversification of the global solar value chain. Our renewed partnership with NSEFI will help unlock market opportunities for European companies, including equipment providers, manufacturers, as well as developers, and support India in delivering on its solar growth goals.”
Subrahmanyam Pulipaka, Chief Executive Officer at NSEFI, said, “India and the EU are natural allies in the global clean energy journey. As India accelerates toward its 500 GW non-fossil fuel milestone by 2030, India is also set to become global solar manufacturing hub. Our strengthened partnership with SolarPower Europe will unlock new pathways for innovation, cross-border investment, and resilient value chains especially in upstream manufacturing.”
The agreement builds on SolarPower Europe’s International Solar Manufacturing Initiative (ISMI), which aims to foster cooperation between European solar equipment manufacturers and manufacturing partners in countries including India.