* 5000 visitors to explore innovations showcased
by over 150 exhibitors in Solar, Wind, Biogas, Hydrogen, and
E-mobility at the show organized by Informa Markets in India
* Content-rich Conferences focus on Net-Zero
Strategies, Sustainable Growth, and Innovations
* Underlining India's leadership with a
record addition of 18.48 GW capacity in 2023-24, which is over 21% higher than
the previous year.
Informa Markets in India, a leading B2B exhibition organizer, successfully kicked off the
8th edition of RenewX today at HITEX Exhibition Centre, Hyderabad. The
dedicated expo showcasing South India’s Renewable Energy innovations with a
focus on sustainability and green energy, witnessed a significant turnout,
with around 5000 visitors exploring the innovations presented by over 150
domestic and international exhibitors.
The event brought together manufacturers,
distributors, suppliers and experts including energy consultants, independent
power producers, EPCs, distributors/dealers, system installers and
integrators and regulatory bodies, providing valuable insights and new
opportunities in the Energy sector.
The grand opening of the esteemed expo was graced
by distinguished dignitaries, including Chief Guest Mr. Bhagyathej
Reddy, Director Power & Utilities, PwC; Sri. N Janaiah, Vice Chairman
& Managing Director, Telangana State Renewable Energy Development Corporation
Limited; Mr. Ajay Mishra, I.A.S Presently Chairman Indian Red Cross Society,
Telangana State Advisor, Energy Committees, Federation of Telangana Chamber
of Commerce and Industry, Hyderabad; Mr. Vinod Kumar Agarwal, Chair
Energy Committee, The Federation of Telangana Chambers of Commerce and
Industry; Mr. Yogesh Mudras, Managing Director, Informa Markets in India
and Mr. Rajneesh Khattar, Sr. Group Director, Energy portfolio, Informa
Markets in India; among other
distinguished guests.
Highlighting the importance of renewable energy
sector Mr. Ajay Mishra, Telangana State Advisor, Energy Committees,
Federation of Telangana Chamber of Commerce and Industry said, “The renewable
energy scenario in India, particularly in South India and Telangana,
presents an interesting scenario with the simultaneous growth in both renewable
energy and fossil fuels. Despite this situation, there has been significant
growth in non-fossil fuel energy capacity. However, alongside this growth,
there has also been a 15-gigawatt addition in the renewable energy
sector, accompanied by an 11-12% increase in coal production.
While South India leads in renewable energy
capacities, cities like Chennai and Bangalore continue to be on top for carbon
emissions per GDP ratio. These cities are generally more developed than
Hyderabad, resulting in higher carbon emissions due to increased
electricity and energy consumption. Telangana's per capita energy consumption stands
at approximately 2,000 units per annum, significantly higher than the
national average of 1,300 units per capita. However, balancing this against
rising carbon emissions remains a challenge. We need to find innovative
solutions to decrease carbon emissions further.”
Sri. N Janaiah, Vice Chairman & Managing
Director, Telangana State Renewable Energy Development Corporation Limited,
said, "The initiative by the Government of India and the Telangana
government consistently focuses on achieving net-zero targets. However, the low
penetration of rooftop solar systems, especially in the domestic sector,
remains a concern. Out of the total 72 gigawatts of solar energy capacity in
India, only 11 gigawatts are from rooftop solar installations, with a mere 2.7
gigawatts attributed to the domestic sector. The focus now is on
decentralized solar systems, which promise reduced energy losses, better power
quality, and easier maintenance. Installing 3-kilowatt rooftop solar systems in 25
crore households across India could add 6.3 gigawatts to the grid, a
significant contribution to achieving 500 GW by 2030. There is a need to
accelerate the adoption of rooftop solar systems, even though recent policies
such as PM Surya Dharm and Bijli Arjuna have been promoting these."
Mr. Bhagyathej Reddy, Director Power &
Utilities, PwC said, “Net Zero Carbon India represents a crucial step towards a
healthier and more sustainable future. India, despite its low per
capita emissions, has pledged to achieve net zero by 2070. To meet these
commitments, the Indian government has taken significant steps, earmarking
close to 35,000 crores for capital investments in the energy transition.
Initiatives like the Green Hydrogen Mission has identified Production Linked
Incentive (PLI) schemes for Electrolyser manufacturing. Seven Indian
states, including Telangana, are part of the UNDER2 coalition, aiming to reach
net zero by 2050.
Additionally, initiatives like the National Clean
Energy Programme and the FAME scheme have been instrumental in promoting
energy efficiency and renewable energy adoption_ India's commitment to
increasing its carbon sink by creating additional forest and tree cover is
another significant step towards achieving net zero. With a focus on
renewable energy, energy efficiency, and sustainable development, India is
on track to create a cleaner and more sustainable future for
generations to come."
Underlining the importance of Net Zero Carbon
India, Mr. Vinod Kumar Agarwal, Chair of the Energy Committee at The
Federation of Telangana Chambers of Commerce and Industry, said, “With
over 150 top corporate exhibitors, RenewX 2024 presents Telangana with a
significant opportunity to leverage the renewable energy sector. We are
committed to supporting the Telangana Government's proactive steps towards
promoting green energy,
aiming to achieve our goal of becoming a net-zero
carbon state by 2050. Telangana's strategic geographical location and
abundant solar and wind resources position us to lead the charge towards a
greener future. We strive to support industries and advise the government on
policies beneficial to both the state and the industry."
Highlighting the importance of the event, Mr.
Yogesh Mudras, Managing Director, Informa Markets in India, said "
RenewX is the premier sourcing fair for renewable energy in South India, bringing
together key stakeholders from the industry. This creates a dynamic
landscape ripe for innovation and entrepreneurial ventures, underscoring India's
commitment to sustainable energy solutions and its leadership in the
renewable energy sector.
India boasts a vast pool of young and dynamic talent,
and in recent years, the Government has spearheaded numerous initiatives to
position the country as an attractive manufacturing destination on the
global stage. This includes the record addition of renewable energy capacity,
with 18.48 GW added in 2023-24, which is over 21 per cent higher than the
previous year.
Over the course of these 8 editions, RenewX has
firmly established itself as an indispensable event within the realm of
regional shows, boasting top-line exhibitors and attracting key industry
thought leaders. Looking forward, we are excited to announce that we want
to embark on the next level of growth path for South India’s premier renewable
energy show as we take it to Chennai, opening fresh opportunities for
collaboration and innovation.”
Mr. BH Raghuram, NED Energy Limited, CEO, said
“India aims to produce 5 million tonnes of green hydrogen by 2030,
supported by 125 GW of renewable energy capacity. This initiative opens up new
horizons for renewable energy in India. Government support is crucial for the
renewable industry to thrive. Restricting the import of cheap materials
and promoting local entrepreneurship is essential.
It's time for Indian corporates to embrace newer
technologies, benefiting both the industry and end-users. NED Energy is
committed to showcase products critical for India's renewable sector and
is working closely with state nodal agencies to make renewable energy
affordable with top-quality products.
Telangana, a forward-looking state, is
spearheading e-mobility with various initiatives. The latest policy aims to establish
Telangana as a global center for research and innovation in electric
vehicles and other emerging technologies. However, the varying regulatory
frameworks and short-term policies pose challenges for investments,
especially in sectors like biomass that lack an established framework."
RenewX 2024 presents an enriching programm of
conferences, including the CEO Roundtable, focusing on net-zero strategies,
synergies, and sustainable growth in India. The Expo will cover important
discussions around, ‘India as the next manufacturing hub for Global Renewable
Energy Sector’, ‘Decoding the Future of Grid-Scale Energy Storage’,
‘Innovation & Technology accelerating a Net Zero Economy’, ‘South India's
Renewable Energy Potential to Net Zero in E-Mobility’, ‘Policy advocacy and
research in the field of AgriPV India’, ‘Bioenergy: A nature-based solution
for the emerging Indian market’, and ‘Future of renewable energy
generation in India: Opportunities and Challenges associated with it.’
Distinguished speakers graced the event include
notable figures like Mr. Rudranil Roysharma, Director – Energy &
Environment (MEASA), Frost & Sullivan; Mr. Vinod Kumar Agarwal, Managing
Director, MPL Group, Chair - Energy Committee; Mr. Deepak Jain, President, Grew
Energy Private Limited; Mr. Roopesh Hira, Vice President, Domestic Sales,
Vikram Solar; Mr. C Niranjan, Associate Vice President, Operations
Amara Raja Batteries Ltd; Mr. Manoj Morampudi, Technical Manager, Energy
Storage, Jinko Solar; Mr Swapnil Wakade, Business Head – Rooftop Solar, Ecofy and
others.
The event featured a wide array of domestic and
international participants, including renowned names like Emmvee Photovoltaic,
Vikram Solar, Pahal Solar Pvt Ltd, Jinko Solar, NED Energy Limited, Grew
Energy, Rayzon Green Energies, Exide Industries, Luminous Power
Technologies, Microtek, Livguard Solar, Impulse Green Energy, Icon Solar, to name a
few. With the valuable support of TSREDCO (Telangana State Renewable
Energy Development Corporation Ltd), IBA (Indian Bio-gas Association),
IGEF (Indo German Energy Forum), TELMA, TSEA (Telangana Solar Energy
Association); Frost & Sullivan, Wood Mackenzie, Yole Group, National
Highway for EV and Ease of doing Business, the event successfully
bridged the gap between suppliers and buyers.
India’s Renewable Energy Progress:
India is poised to lead the transition towards a
sustainable future with its abundance of renewable resources and a growing
interest in e-mobility. Leveraging these resources, South India can reduce
its carbon footprint, drive economic growth, and enhance energy
security. Collaborative efforts among policymakers, industry stakeholders, and
civil society can accelerate the transition to net-zero emissions, paving the
way for a cleaner and greener future. India's ambitious 'India Battery
Manufacturing Vision' aims to achieve over 500 GWh capacity by 2035,
attracting USD 35 billion in investments.
Additionally, the Indian government has invested over 70 billion US dollars in solar and renewable energy
sources in the last seven years, establishing India as the third-largest
solar power capacity in the world. With a strong focus on sustainability and
clean energy, South India is experiencing a rapid expansion in solar, wind,
and other renewable energy
projects, fostering an environment ripe for
innovation and entrepreneurial ventures.
03, May, 2024
