Renewable Energy Expo opens today at India Expo Mart, India’s Quest for 500 GW RE To Take Center Stage

Greater Noida, 4th October -The Renewable Energy India Expo (REI) 2023 is poised to make a grand entrance today, unfurling its vibrant tapestry of innovation and opportunities at the esteemed India Expo Mart in Greater Noida.

Bhagwanth Khuba, the Minister of State for Chemicals and Fertilizers and New and Renewable Energy, will be the chief guest for the event.

REI has been a beacon of progress in the renewable energy sector for several years, and this year’s edition is no exception. As India continues to make substantial strides in clean and green energy adoption, REI 2023 will serve as a vibrant platform for showcasing the latest technological advancements, fostering collaborations, and addressing the pressing challenges facing the industry.

Organized by Informa Markets in India (IMI), this prestigious gathering seeks to illuminate and explore various facets of renewable energy, encompassing solar, wind, hydro, biomass energy, and more. India, currently ranking fourth globally in renewable energy capacity, boasts an impressive 168.96 GW as of 2023, following Germany, China, and the USA.

Among the notable participants are industry giants like Reliance Industries, JSW, Adani Solar, Vikram Solar, Goldi Solar, WAAREE, Saint-Gobain, and Log9, alongside influential associations including the Federation of Electric Vehicle Association, Indian Biogas Association, HFforEV, Federation of Cold Storage Associations of India, CEEW, Grant Thornton, and others.

Yogesh Mudras, Managing Director of IMI, remarked, “With the government’s ambitious initiatives such as the development of solar parks, ultra-mega solar power projects, and the Rs 19,500 crore PLI scheme, India is poised to ascend as a global leader in renewable energy. REI 2023 will serve as the stage to showcase and expedite this remarkable transformation.”

India has set a lofty target of achieving 500 GW of non-fossil fuel-based energy capacity by 2030, encompassing 450 GW of renewable energy and 50 GW of nuclear power. This ambitious goal underscores India’s commitment to a sustainable and eco-friendly energy future.

REI Expo 2023 is not just an event; it’s a testament to India’s unwavering dedication to ushering in a new era of renewable energy. Stay tuned for updates and highlights as this pioneering event unfolds over the coming days, illuminating the path to a cleaner and greener future.