In Detail : India and Japan have been deepening their partnership in the energy sector under the Japan-India Clean Energy Partnership, with a focus on energy security, clean energy transition, and addressing climate change. Both sides have institutionalized this cooperation through the India-Japan Energy Dialogue and sectoral Joint Working Groups (JWGs).

A Ministerial-level India-Japan Energy Dialogue was held today (25th August 2025) through Video Conferencing, co-chaired by Shri Manohar Lal, Hon’ble Minister of Power and Housing & Urban Affairs, Government of India, and Mr. Muto Yoji, Minister of Economy, Trade and Industry, Government of Japan.

MoP, MNRE, MoPNG, and Ministry of Coal made detailed presentations on the progress achieved under their respective JWGs and outlined future cooperation pathways.

The Ministers from India and Japan:

• Reaffirmed commitment to Energy Security & Inclusive growth.
• Welcomed progress in areas like Energy efficiency clean hydrogen, ammonia, renewable energy.
• Agreed to expand cooperation on Carbon Capture, Utilization, and Storage green chemicals, biofuels, and advanced technologies in Energy Sector.

The Ministers also emphasized that the India–Japan partnership will continue to play a pivotal role in advancing secure, resilient, and sustainable energy systems in the Indo-Pacific region.

In Detail : Fund aims investments renewables, e-mobility, and circular economy

The National Investment and Infrastructure Fund Limited (NIIF), a state-owned entity, unveiled a $600 million (Rs 4,900 crore) India-Japan Fund on Wednesday. This venture is in collaboration with the Japan Bank for International Cooperation (JBIC), a financial institution backed by the Japanese government.

This marks NIIF’s inaugural bilateral fund. The target corpus of $600 million will see a 51 per cent contribution from JBIC and a 49 per cent input from the Indian government, as stated in NIIF’s press release.

The fund aims to channel investments into India’s environmental conservation sectors, encompassing renewable energy, e-mobility, and circular economy areas like waste management and water management. Moreover, it seeks to bolster collaboration between Indian and Japanese enterprises across various sectors.

In March 2022, both India and Japan set a collaborative goal: a 5 trillion yen inflow in the form of public and private investment and financing from Japan to India over an upcoming five-year span.

Hayashi Nobumitsu, Governor of JBIC, highlighted the growing interest of Japanese companies in the Indian market. This interest stems from the current global instability, supply chain disruptions, and India’s pivotal role as a leader in the Global South. “India remains a key partner for Japan,” Nobumitsu said, expressing JBIC’s commitment to environmental conservation in India and promoting symbiotic relations between Indian and Japanese firms.

Rajiv Dhar, Managing Director & CEO of NIIF, emphasised the fund’s potential in catering to India’s environmental and societal needs.

Furthermore, JBIC IG Partners, an affiliate of JBIC, will work alongside NIIF to foster Japanese investments in India.

Established in 2015, NIIF oversees funds across diverse asset classes, boasting over $4.9 billion of equity capital commitments spread across its portfolios – Master Fund, Fund of Funds, Strategic Opportunities Fund, and the newly launched India-Japan Fund.

The lithium-ion battery-based ESS is suitable for hybrid or fully electric propulsion systems.

Shift Clean Energy has secured Type Approval from the Indian Register of Shipping (IRS) and Japanese Marine Standards (NK) for its energy storage system (ESS ).

The firm’s lithium-ion battery-based ESS is suitable for hybrid or fully electric propulsion systems for marine, offshore and inland waterway applications.

It can also be used for land-based industrial and renewable energy applications.

Shift’s batteries feature a patented integrated cooling system, with each battery cell enclosed in its own cooling channel.

Shift founder and CEO Brent Perry said: “We are proud to lead the market with our energy storage systems that have received the most Type Approvals on the market for safety and quality standards. At Shift, safety is our number one priority.

“Our focus has always been on building the safest and most robust energy storage solutions to electrify and decarbonise.”

In March, the company secured approval from the US-based classification society American Bureau of Shipping (ABS) for its ESS .

Last year, the company also secured approval for its solution according to the classification society DNV’s new 2020 class rules for commercial vessel batteries.

Shift provides clean energy solutions to the marine market and has offices and channel partners in Canada, the US, Europe, India, Asia, the Middle East and New Zealand.

The company primarily focuses on the decarbonisation of the marine transport industry, as well as other hard-to-abate sectors.

Source: ship-technology