ReNew Power Ventures, a renewable energy company has signed a Memorandum of Understanding with the Indian Institute of Technology, Delhi (IITD) to set up a research facility on renewable energy. The MoU is aimed at encouraging talent in the renewable energy space at the IIT Delhi campus that would create opportunities for academic research in renewable energy sector.
Under the MOU, ReNew Power and IITD will establish a Chair in the area of Renewable Energy and Storage with representatives from both the entities, according to the company release. The collaboration will jointly propose research and training programmes for representatives of both ReNew and IIT Delhi to lead or participate in. “We believe that this collaboration will play a key role in promoting the advanced development of clean energy technologies through innovative research to generate a greater awareness about and thereby promote the use of clean energy,” Sumant Sinha, Chairman & CEO, ReNew Power said.