Industrial Automation Magazine India

The event by Informa Markets in India is expected to host over 700 exhibitors, 850+ brands, and more than 50,000 trade visitors

Ahmedabad, September 03, 2024: Informa Markets in India, the country's premier B2B exhibitions organiser, is gearing up to host the 17th edition of the Renewable Energy India Expo from October 03rd to 05th, alongside the co-located Battery Show India at the India Expo Centre in Greater Noida, Delhi-NCR. Building on 16 years of success, REI is Asia's leading and most influential B2B event in Renewable energy sector. This year's edition is expected to see participation from over 700 exhibitors with 85% domestic and 15% international participants, including delegations from Germany, Thailand, Spain, and Japan, representing more than 850 brands, and attracting over 50,000 trade visitors. Reflecting key trends, it will emphasize Green Hydrogen, energy storage solutions, and bioenergy.

Marking a significant milestone for the upcoming REI Expo 2024, a Roundtable discussion took place on 28th August at Radisson Blu, Ahmedabad. The Roundtable brought together distinguished industry leaders to delve into Gujarat's evolving renewable energy landscape, discussing key challenges such as infrastructure scalability and policy implementation, as well as opportunities like investment potential and technological advancements that are positioning the state as a frontrunner in India's green energy transition. This event set the stage for the broader discussions that will take place at the REI Expo, underscoring the importance of Gujarat's role in shaping India's renewable energy future.

The Roundtable was graced by the presence of key speakers included Mr Parag Vyas, Director of Kosol Energy; Mr Kuldip Sorathiya – Founder & Director, Ksquare Energy; Harshad Soni, General Manager, Corporate Marketing, Hitachi HI-Rel Power Electronics and Mr Rajneesh Khattar, Senior Group Director, Informa Markets in India, to name a few, contributed valuable perspectives on innovative practices and sustainable solutions within the industry.

Speaking about the upcoming REI expo, Mr Yogesh Mudras, Managing Director, Informa Markets in India said, "India has made remarkable strides in renewable energy, with installed capacity nearly doubling to 190 GW as of June 2024. The country achieved a record 18.48 GW addition in 2023-24, marking a 21% increase over the previous year. This impressive growth is fueled by government initiatives, including 100% FDI under the automatic route, which has attracted $3.8 billion in solar energy investments over the past three years."

He further added, "The Muft Bijli Yojana, launched by the government in February 2024, provides a 40% subsidy for households to install solar panels, benefiting 10 million households and saving the government Rs 75,000 crore annually in electricity costs. As REI Expo 2024 approaches, it continues to be a pivotal platform for shaping the future of renewable energy in India. REI's vision is to drive innovation, unite industry leaders, and foster discussions that pave the way for sustainable growth, underscoring India's commitment to becoming a global leader in renewable energy."

Mr Parag Vyas, Director of Kosol Energy said "Our company has been a committed participant in Renewable Energy India since 2013, leveraging over a decade of experience to strengthen our presence in Gujarat and globally. Our diverse solar product manufacturing capabilities are integral to this success."

Mr Rajneesh Khattar, Group Director, Informa Markets in India said "India's renewable energy journey is a remarkable testament to the power of vision and ambition, scaling from 20 GW of solar energy in 2013 to 100 GW, then 280 GW by 2022, and now targeting 500 GW of renewable energy by 2030, with solar energy contributing the largest share. This target is achievable, especially with the growth of green hydrogen and electric vehicles.

Mr Kuldeep Sorathiya, Director, Ksquare Energy Pvt Ltd, said "Renewable Energy India (REI) has been instrumental in our growth journey, transforming us from visitors to exhibitors. The PM Surya Ghar scheme has revolutionised residential solar adoption, achieving a remarkable 7 years' worth of installations in just 3 months, signalling a paradigm shift in India's energy landscape."

In its 17th edition, REI Expo will be supporting by domestic and international associations including Indian BioGas Association (IBA); National Highway of Electric Vehicles (NHEV); Council on Energy, Environment and Water (CEEW); JMKresearch; Bridge To India; Rajasthan Solar Association; Indo German Energy Forum; Cleantech Business Club; pv Magazine; Yole Group; Wood Mackenzie; BloombergNEF. 

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