SolarPower Europe and National Solar Energy Federation of India (NSEFI) strengthen EU-India solar manufacturing ties with new MoU
New Delhi : In joint effort based on their existing partnership, SolarPower Europe and the National Solar Energy Federation of India (NSEFI) have signed a new Memorandum of Understanding (MoU) to deepen EU-India collaboration in solar manufacturing and build stronger, more diversified and resilient value chains.
India remains one of the world’s most dynamic solar markets, with a growing presence of European companies operating within the country. While European manufacturers bring strengths in high-yield performance, on-site technical assistance, and long-term reliability, India has cultivated a robust domestic manufacturing base that is quickly expanding its global footprint.
Building on this complementary expertise, SolarPower Europe and NSEFI will work together to identify business and financing opportunities for manufacturing projects, while fostering knowledge exchange and capacity building between the regions. The MoU also outlines support on addressing regulatory issues related to the market access of solar equipment and facilitating engagement with policymakers to unlock new cooperation opportunities.
Máté Heisz, Chief Operating Officer at SolarPower Europe said; “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 — laying the foundation for a cleaner, more secure, and self-reliant energy future that serves not just our regions, but the world.”
This renewed partnership follows the launch of SolarPower Europe’s International Solar Manufacturing Initiative (ISMI), which facilitates joint opportunities between European solar companies and partners in countries like India, especially in upstream equipment and manufacturing segments.
