India and Australia have signed a strategic partnership to achieve 500 gigawatts of renewable energy capacity by 2030, with a focus on green hydrogen, solar, and wind projects. The agreement was announced during Prime Minister Narendra Modi’s official visit to Canberra and Melbourne on July 9, 2026.
Modi’s visit included a ceremonial Guard of Honour in Canberra and discussions with Australian Prime Minister Anthony Albanese on strengthening bilateral ties to address global energy challenges through shared resources and technology.
India’s 500GW Renewable Energy Goals and Australia’s Role
At the India-Australia CEO Forum in Melbourne, PM Modi outlined plans to build a domestic manufacturing hub for renewable energy, including hydro, green hydrogen, and solar modules. He noted that Australia’s expertise, capital, and natural resources could help India meet its net-zero emissions target by 2070.
“In an era of global uncertainty and supply chain disruptions, India and Australia must advance as trusted partners,” Modi stated, highlighting the existing foundation for future energy and trade cooperation.
Key Areas of Clean Energy Collaboration
The CEO Forum, attended by top business leaders, focused on expanding trade and investment in clean energy. Key priorities included:
- Scaling up solar panel and wind turbine production in India
- Joint ventures in green hydrogen and critical minerals
- Optimizing supply chains to address global energy crises
Analysts are now watching for concrete agreements in renewable energy infrastructure and technology transfer, with further announcements expected as both governments finalize their economic roadmap in the coming weeks.
