• 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.