The Australia India Institute facilitated a roundtable discussion in Melbourne on 30th January 2025, in partnership with the Victorian Government, Consulate General of India (Melbourne) and Smart Energy Council. The roundtable brought together leaders from government, academia, and the private sector in Victoria to explore the diverse opportunities created by both countries’ net-zero targets – with a particular focus on battery storage, energy transition, wind and solar energy.
Victoria has long been at the forefront of Australia’s renewable energy transition, with a rich history of pioneering sustainable energy solutions that resonates deeply with India’s current energy ambitions. The state’s research institutions, including the University of Melbourne, Deakin University, and Monash University, have developed critical technologies in solar photovoltaics, battery storage, and green hydrogen – areas of intense interest for India’s energy transformation.
Collaborating on forms of renewable energy such as batteries, electric vehicles, solar, wind and green hydrogen will drive decarbonisation efforts and unlock new commercial opportunities. The Victoria-India Clean Energy Roundtable leveraged the strategic partnership between Victoria and India in accelerating the clean energy transition. Building on the Australia-India Renewables Dialogue (AIRD) held in July 2024, this roundtable focused on collaborative opportunities in renewable energy, innovation, manufacturing, and trade, with a specific emphasis on Victoria’s unique capabilities and India’s massive market potential.
This roundtable discussion explored opportunities to foster stronger bilateral ties and promote collaboration between Australia and India in the clean energy sectors:
- Develop robust solar, wind and green iron/steel supply chains
- Create a multi-disciplinary approach across disciplines
- Incorporate pre-final investment decision-making
- Incorporate new partnerships and invest in new industries
- Align policies and regulations to enhance investment