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Industry Leaders Gather to discuss Renewable Energy Future in Gujarat, Setting the Stage for REI Expo 2024

  • Following a significant Roundtable in Ahmedabad, an industry hub, the 17th Renewable Energy India (REI) Expo 2024 is primed to be a landmark event in advancing India’s clean energy vision
  • The REI Expo 2024, under the theme “Net Zero Strategies, Synergies, and Sustainable Growth,” is scheduled for October 3-5, at India Expo Centre, Greater Noida.
  • The event by Informa Markets in India is expected to host over 700 exhibitors, 850+ brands, and more than 50,000 trade visitors

Ahmedabad, August 28th, 2024: Informa Markets in India, the country’s premier B2B exhibitions organizer, 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 bio energy.

Marking a significant milestone for the upcoming REI Expo 2024, a Round table 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 front runner 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. Amit Paithankar – CEO, Waaree Energies; Mr. Kalpesh Kalthia – CEO, Kosol Energie; Mr. Falgun Bhatt – President – Federation of Solar Manufacturers and Intermediaries; Mr. Kuldip Sorathiya – Founder & Director, Ksquare Energy 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 on 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 crores 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.”

 “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. It also provides crucial momentum to startups in the green energy sector, offering them a platform to showcase their innovations, connect with potential investors, and contribute to the industry’s rapid expansion.”

 In its 17th edition, REI Expo will be supporting by domestic and international associations including Indian Bio Gas 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.

 REI Expo 2024 will feature a range of activities, including CEO/CTO Conclaves, a 3-day technical conference, an investor zone, and over 28 conference sessions with 200+ global speakers. Notable pavilions include the Germany Pavilion and the Bio Energy Pavilion, offering deep dives into the latest trends and innovations.

Gujarat’s Renewable Energy Leadership

India’s pivot towards clean energy is creating significant economic opportunities, particularly in energy storage solutions such as solar batteries and Green Hydrogen Fuel Cells. These technologies promise to provide consistent power supply, even during periods of low renewable energy production.  With Gujarat at the forefront, where renewable energy capacity is projected to soar to 38,466 MW by 2025 and 61,466 MW by 2030, India’s renewable energy trajectory is poised to transform the nation’s energy landscape. Gujarat’s Dholera Smart City and the 30,000 MW hybrid renewable energy park in Kutch are just a few examples of the mega projects contributing to this transformation.

The REI Expo 2024 promises to be a landmark event in shaping the future of renewable energy in India and beyond.

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