Taiwan and India Join Hands in the Development of Green Energy through the Signing of Two Cooperation Memoranda〔Central Daily News〕

        Mr. Jun-De Zuo, Director of Research Division I of Taiwan Institute of Economic Research (fifth left) signs a Memorandum of Understanding on behalf of the affiliated Center for Promotion of Innovative Operation Models in the field of Energy Sources in Taiwan with the Indian company Pace Power Systems on the 22^nd (image provided by the Center for Promotion of Innovative Operation Models in the field of Energy Sources in Taiwan) for Taiwan-India cooperation in the promotion of green energy
        Fax from Central News Agency reporter Shi-Ren Kang in Bangalore on November 24, 2017
        (Special telegram from Central News Agency reporter Shi-Ren Kang in Bangalore on November 24） On the 22^nd, the delegation headed south to visit organizations with green energy demands in Bangalore . A memorandum for cooperation in the promotion of green energy industries was signed with a local green energy enterprise.
        A delegation for cooperation in the promotion of green energy and IoT industries in India comprised of personnel of the Center for Promotion of Innovative Operation Models in the field of Energy Sources in Taiwan and representatives of Taiwan green energy businesses (including Chung-Hsin Electric & Machinery Mfg. Corp., CeTech Co., Ltd., KDE Power, Digimax Innovative Products Ltd., and Taya Electric Wire & Cable) visited India on the 20^th led by Mr. Jun-De Zuo, Director of Research Division I of Taiwan Institute of Economic Research to participate in the “Smart Asia 2017” -Expo & Summit held in Bangalore starting on the 23^rd.
        The delegation paid a visit to Pace Power Systems and other local green energy enterprises under assistance by the Science and Technology Division of the Taipei Economic and Cultural Center in India starting on the 22^nd. The representatives of Taiwanese businesses introduced their R&D achievements and technological capabilities in the field of solar power generation systems, small-sized turbines, EVs, and fuel cell power generation systems to their Indian counterparts.
        Pace Power Systems was deeply impressed by the Taiwanese fuel cell power generation systems. Mr. Prasanna KR, Section Manager of Manufacturing and Supply Chain Management expressed strong interest in further cooperation. Both sides therefore signed a memorandum for cooperation and joint promotion of exchanges in the field of green energy industries to enhance the industrial competitiveness of Taiwan and India and promote the development of green energy markets in both countries.
        This is the second cooperation agreement signed by the delegation in India following the signing of a Memorandum of Understanding for cooperation in the field of green energy industry development with the Electronic Industries Association Of India (ELCINA) with the goal of establishing a matching platform for the Taiwanese and Indian green energy industries to promote mutual cooperation.
        Mr. Jun-De Zuo pointed out that India is the second most populous country, seventh largest economy, and largest democracy in the world which is currently in a stage of intensive development and urbanization. Due to the rapidly rising demand for electricity and insufficient supply, sudden power cuts without notice are a frequent phenomenon in all regions of the country. The adoption of microgrid systems can help alleviate this problem since such systems can serve as emergency backup and uninterruptible power systems and generate energy conservation effects. In addition, India plans to increase the installed capacity of renewable energy. Taiwan possesses powerful technologies and solutions and looks forward to further cooperation with India. 1061124