Do India and Iceland Share a Common Spirit of Innovation?

Synopsis
Key Takeaways
- India and Iceland share a commitment to innovation.
- CarbFix's carbon capture technology can be adapted in India.
- Geothermal energy presents opportunities for sustainable solutions in India.
- EV infrastructure development is critical for greener transportation.
- International partnerships can drive climate action effectively.
New Delhi, July 13 (NationPress) Although India and Iceland are separated by vast distances, they share a common spirit of innovation and positive energy that propels their societies towards a brighter future, stated Hardeep Singh Puri, the Minister of Petroleum and Natural Gas.
In a post shared on the X social media platform, the minister expressed his satisfaction following a productive visit to Iceland, which included a dinner graciously hosted by Bergdis Ellertsdottir, the Deputy Permanent Secretary of State of Iceland, for the Indian delegation.
“We were accompanied by Amb Benedikt Hoskuldsson, the Icelandic Ambassador to India, along with numerous experts in energy, trade, and multilateral relations. I am profoundly thankful for the warmth and hospitality extended by the Icelandic people and energy professionals,” remarked Puri.
During the visit, the minister met with Kristinn Ingi Larusson, the Chief Commercial Officer of CarbFix, an Icelandic carbon capture company renowned for its innovative method of converting carbon dioxide into stone by injecting it into underground basalt formations.
This company is globally recognized for its science-based climate mitigation strategies and is now offering its technology for industrial CCS applications worldwide, including partnerships with Climeworks on the ORCA direct air capture facility.
“India possesses extensive basalt rock formations along its west coast where CO2 and water can be injected by industrial units for efficient carbon capture and storage. Such technologies are pivotal for India’s transition to green energy under the guidance of PM Modi,” emphasized the Union Minister.
Puri's meeting in Reykjavik with Arni Hrannar Haraldsson, the CEO of ON Power, Iceland’s largest geothermal energy provider, offered insights into how the company generates electricity and hot water at the Hellisheiði and Nesjavellir geothermal plants, in addition to electricity via the Andakilsa hydro station.
“We engaged in discussions about the company's sustainability initiatives and their efforts to develop EV charging infrastructure, promoting greener transportation solutions among both public and commercial stakeholders,” Puri added.
The technologies explored may hold significant potential for India, particularly as the Himalayas possess geothermal capabilities in Uttarakhand, Himachal, and Ladakh,” he concluded.