RenewX deliberates on policy reforms in the renewable energy space

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Hyderabad: Informa Markets in India, is set to host the 6th edition of RenewX, a two-day Renewable Energy trade expo scheduled on June 10 and 11, 2022 at the Hitex, Hyderabad. A comprehensive renewable energy event in South India, RenewX 2022 expo and conference will convene business, policy and finance experts from across the region and contribute to the country’s sustainable economic development. The expo will create an ecosystem in line with the PM’s vision to take up India’s renewable energy capacity to 500 GW by 2030 and provide a platform to the sectoral buyers and sellers, enabling them to connect and collaborate for generating business opportunities.

The opening ceremony of the event will take place in the presence of key dignitaries such as Sri Sunil Sharma,IAS, Special Chief Secretary to Government, Energy Department & Housing Department, Sri. G. Raghuma Reddy, Chairman & MD – Southern Power Distribution Company of Telangana Limited, Shri. N. Janaiah, Vice Chairman & MD – TSREDCO, Sri. Ajay Mishra,IAS, Director General – RESI and (former) Spl. Chief Secretary, Govt of Telangana, Mr. BRUSSELMANS Pierre-EmmanuelConsul General, Consulate General of the Kingdom of Belgium in India, and Shri. Vinay Rastogi, MD – Bridge to India Pvt. Ltd, among others. With over 100+ exhibitors under one roof, including companies like Waaree Energies, Goldi Solar, Jinko Solar, Premier Energies, Jakson Group, Rayzon Solar, Adani Solar, Evervolt, Enpossibilities, Redington, Touch Energy, DNV, Impulse Green, ICON Solar, Raydean Industry, Invergy, Sunbound Energy & many morethe expo will display a wide array of latest product and technologies from different categories– PV modules, Hybrid systems, materials and equipments, Inverters, charge controllers, batteries, Testing and monitoring systems, Component manufacturers, Bioenergy equipment manufacturers, Back sheet manufacturers and System integrators.

RenewX has garnered tremendous support from the Ministries, Government Departments and top Industry Associations such as, Indo German Energy Forum, National Solar Federation of India, Bridge to India Pvt Ltd, Indian Bio Gas Association and many more, to accelerate the transition to a more resilient and sustainable energy economy while also harnessing investment, employment and import replacement opportunities. To address the current challenges and solutions, RenewX once again is geared to 2 days of power packed conference with the theme ‘Unlocking the Era to Net Zero Emissions’. The conference agenda will comprise panel discussions and presentations on topics such as ‘Policy Regulations Need of the Hour for India for Effective Circular Economy in Solar Energy’, ‘Innovations and Technology the way forward to RE’, ‘Green Hydrogen – India’s Pathway to Green Economy!’, ‘Power Crisis – addressing peak demand through Renewables’, ‘E-Highways are Economic and Green only when powered by RE’, ‘Business Opportunities for AgriPV in India’, and ‘Bioenergy – A must for the emerging India Energy market!’

This year’s edition will also see the maiden edition of the RenewX Awards to be held at the Hitex on June 11, 2022. The awards will further support and encourage industry players with an impact in South India, who strive hard to bring about a sea change in the renewable energy domain with ground-breaking innovations and initiatives. A well-regarded jury panel comprising industry experts will confer and select from over 60 Nominations that are expected to be received. The awards will be conducted methodically with EY as Process Advisors.

Another key highlight will be the elite All CEO Conclave which is intended to carve out a medium-to-long term blueprint for stakeholders to define the roadmap to achieve 500 GW of renewable energy by 2030. The 90 Mins closed-door format session is being chaired by Shri Sunil Sharma, IAS, Special Chief Secretary to Govt, Energy Department, Government of Telangana and will be attended by 20 – 25 CEOs across the floor. They will delve on the subjects of efforts Policy makers are undertaking to improve Indian entrepreneurial landscape in RE domain & Upscaling the investment climate in the country with special emphasis on EV in Southern region. 

Speaking on the announcement, Mr. Yogesh Mudras, Managing Director, Informa Markets India said, “We are happy to encourage various deliberations on policy matters that will define the renewable energy landscape at the 6th edition of the RenewX Expo with a focus on the hub of South India. India’s ambitious clean energy targets and bold policies reforms will take centre stage, which would include the Production Linked Incentive (PLI) scheme of up to Rs. 24,000 Crores and the introduction to Sovereign Green Bonds in Public Sector projects, which would provide a vital boost to domestic manufacturing. As previous editions, the RenewX conference will be held in parallel with the exhibition creating a collaborative ecosystem that will bring together solution seekers and providers under one virtual roof with an opportunity to understand the manufacturing challenges and co-create solutions.”

According to industry reports, the southern states (Karnataka, Kerala, Tamil Nadu, Telangana &Andhra Pradesh) have 1,526 GW of solar energy potential and 1,124 GW of wind energy potential, making them the major contributors to India’s renewable energy ambitions. Organising RenewX 2022 in the southern part of the country with important initiatives like CEO Conclave and RenewX Awards will no doubt encourage buyers to invest in newer clean energy technologies and help India to achieve its renewable energy target,” he added.

The Indian Government’s favourable schemes and policies which includes green hydrogen and green ammonia policy, schemes in solar module and battery manufacturing, green energy corridor schemes and privatisation of state-owned assets have created lucrative opportunities for the Indian manufacturers. India is looking to become a leader in green hydrogen spurred on by the target of 20% ethanol blending being brough forward from 2030 to 2025. RenewX will also address the call for localisation and ‘Atmanirbhar Bharat’ and will be a reflection of the country’s green economy goals.