Bengaluru, 16 Apr, (APAC Media): The University of New South Wales (UNSW) has signed an agreement with Karnataka Renewable Energy Development Ltd (KREDL) to support renewable energy startups and set up an incubation ecosystem in Karnataka.
The Memorandum of Understanding (MoU), signed on April 2 in Karnataka, focuses on building a renewable energy startup incubator and enabling collaboration between research institutions, startups, and industry stakeholders in India and Australia. The agreement was formalised by UNSW Pro Vice-Chancellor (International) Lisa Zamberlan and KREDL Managing Director K P Rudrappaiah.
Startup Incubation And Research Support
Under the partnership, startups will gain access to research infrastructure, mentorship networks, and market linkages across both countries. NSRCEL at the Indian Institute of Management Bangalore (IIM Bangalore) will act as the incubation and programme delivery partner, offering accelerator support and investor connections. Meanwhile, the Indian Institute of Science (IISc) will provide technical validation and laboratory access for emerging clean energy technologies.
KREDL, a state government agency established in 1996, currently supports renewable energy deployment across solar, wind, hydro, biomass, and cogeneration sectors in Karnataka. The collaboration is expected to strengthen early-stage innovation in these segments by linking academic research with commercial development pathways.
Australia–India Clean Energy Cooperation
The initiative comes amid growing cooperation between India and Australia in clean energy research and technology development. The partnership was facilitated by the Australian India Business Council and Investment NSW, indicating continued institutional support for cross-border energy innovation programmes.
Karnataka officials said the initiative aligns with the state’s broader plans to expand renewable energy adoption and encourage technology-led entrepreneurship. The upcoming launch of the UNSW Bengaluru campus, scheduled for August 2026, is expected to further support long-term collaboration in research, skill development, and startup incubation within the clean energy sector.
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