14-09-2017
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PR Newswire


Industry Awaits Renewable Energy India Expo (REI) 2017

 (11:55 Hrs. IST) 

GREATER NOIDA, India, September 14, 2017 /PRNewswire/ --

Global Interest, International Investments & Technology breakthroughs to mark the 11th epic edition of Asia's leading Renewable Energy Expo by UBM India 

REI 2017 at a glance:  

Asia's leading Renewable Energy Expo by UBM India from September 20th - 22nd, 2017; 45 participating countries, over 750 exhibitors, 1,500 Delegates and estimated to attract over 30,000 Trade visitors 3-day power-packed conference - 'Accelerating Momentum...From Ambition to Action'. Conference to highlight innovations, challenges and a way forward 3rd edition of Renewable Energy India Awards on 19th September 2017: To recognize Innovation & Excellence in the Renewable Energy Industry

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After completing a successful decade of existence, the Renewable Energy India 2017 Expo (REI), hosted by UBM India, India's leading exhibitions' organiser, is set to take place from 20th to 22nd September, 2017 at the India Expo Center, Greater Noida. A flagship event, REI is the most reputed global platform where India's green economy community including overseas participants will congregate to discuss industry trends, challenges and market insights including the Indian regulatory framework. The event aims to further upscale and mainstream the applications of renewable energy resources, showcase product launches, innovations, and augment the forethought through the international exhibitions and conference platform.

Association Support and Countries Participating:  

In its 11th edition, REI will see active participation from countries such as Japan, Germany, France, Poland, USA, Korea, China and Taiwan amongst host of other countries. It is supported by the Ministry of New and Renewable Energy (MNRE), Solar Energy Corporation of India (SECI), Indian Renewable Energy Development Agency Limited (IREDA), NEDO Japan, Indo German Energy Forum (IGEF), Bloomberg New Energy Finance and Mercom Capital to name a few.

Key Dignitaries:  

The expo, certified by UFI, The Global Association of the Exhibitions Industry and will see the presence of key dignitaries - Shri Anand Kumar, IAS, Secretary, Ministry of New and Renewable Energy, Government of India; Shri Amitabh Kant, IAS, CEO, NITI AYOG, Government of India; Shri Upendra Tripathy, IAS, Interim Director General, International Solar Alliance (ISA); Mr. Justin Wu, Head of APAC, Bloomberg New Energy Finance, Singapore; Mr. Hans-Josef Fell, President of the Energy Watch Group (EWG) and Former Member of German Parliament; Mr. Naoki Tomotake, Director General International Affairs, NEDO, Japan; Mr. René Van Berkel, UNIDO Representative in India and Dr. Arunabha Ghosh, CEO, Council on Energy, Environment and Water(CEEW) during the high profile Opening Ceremony on 20th September.

Exhibitors and Country Pavilions:  

Bringing together Manufacturers, EPC, and Service Provides, the expo will have over 750 exhibitors including companies like Adani Solar, Tata Power Solar, Azure Power, Sky Power, Canadian Solar, Huawei, Trina Solar, Jinko Solar, Siemens Gamesa, Vikram Solar, Waaree Energies, Mitsubishi, Delta Electronics, Panasonic, SMA, ABB, Kyocera, Sterling & Wilson, Mahindra Sustain, Applied Materials, POSCO, Fronious, amongst others. The show will feature country pavilions from Japan, China, Poland, France, Korea, and Taiwan to name a few.

Three-day Content-led Conference:  

A power packed three-day conference themed 'Accelerating Momentum...From Ambition to Action' will take place encompassing knowledge -rich sessions by the Ministry of New and Renewable Energy, International Solar Alliance ( ISA ) , UNIDO, Indo-German Energy Forum, MNRE - EU Technical Cell, Bloomberg New Energy Finance, PV Magazine, Skill Council for Green Jobs, and Mercom Capital .

Highlights of the Conference:  

'India: A Poster Child of Renewable Energy Sector' which aims to outline key policy initiatives. 'Skilling by Nations' which will highlight how skilling is being integrated in the industry, impact of skilling and best practises; Sessions by Skill Council for Green Jobs and CEEW. 'Surya Namaskar: Earn from the Sun' 'Rooftop PV Market Development in India' 'Winds of Tomorrow: Make in India' 'Driving operational excellence in solar and wind asset management' 'Micro Grids: Localising Utilities and maximising opportunities' 'Neighbourhood Energy: The role of block chain in the electricity system 'Smart Power for Smart Cities: Pushing the envelope 'The Circular Economy: Finding convergence among the Swaachh Bharat and the Smart Cities Mission for waste to energy

What's new at REI Expo 2017:  

India's first Mobile PV test lab on display by Mahindra Susten Quality Round Table - An interactive forum by PV Magazine, Germany Solar Super Heroes by PV Magazine, Germany Skill Competition for Solar Installers Solar Design Challenge for EPCs and Developers Master class by Enphase Energy, USA: To provide Installers and Engineering, Procurement and Construction companies (EPCs) with knowledge on innovations behind micro-inverter technologies and how micro-inverters are best suited for the Indian rooftop solar photovoltaic (PV) market. CEO Roundtable and Finance Roundtable 'Advantage Rajasthan' a seminar by the state of Rajasthan to attract potential investors, manufacturers and developers Workshop on 'Driving operational excellence in Solar & Wind asset management' by 3E, Belgium and Wise Energy, UK.

Speaking on the announcement of the 11th anniversary of Renewable Energy India, Mr. Yogesh Mudras, Managing Director, UBM India, said, "The Indian solar sector is growing rapidly with a capacity addition of 4,765MW during H1 of 2017, according to a recent report. Rooftop solar is also showing a robust growth as solar power becomes increasingly more attractive with falling costs. Besides, India has recently moved up to the second spot from third position in this year's 'Renewable Energy Country Attractiveness Index', nudging past US. All this is acting as a huge pull for international investors and equipment suppliers. UBM India's objective for the 2017 edition of REI Expo is "Accelerating the Momentum…From Ambition to Action" being the theme of the show this year, and to bridge the gap between industry, Government & Investors."

He added, "In a nutshell, REI 2017 is a marquee event in this sector with multiple country participation, best of technology, cost effective solutions, participation of Industry leaders, various country delegation, top global brands exhibiting their product and solution offerings, and a content rich conference."

Industry reactions 

Mr. Saurabh Bhandari, Founder, SolarMaxx:
"REI is unquestionably the biggest and the best Renewable Energy Show in the country that attracts a vast national and international audience. It gives us, as players in the field of renewable energy, a platform to interact with potential buyers, policy makers, media and fellow industry experts. The Renewable Energy sector, especially the Solar Industry in India is going through a challenging time with regards to the anti-dumping duty, implementation of GST, increase in transmission and wheeling charges, high commissions and cess on third party purchase, to name a few. The insightful seminars that form an intrinsic part of the expo will help us address these challenges jointly as an industry. We at SolarMaxx, eagerly look forward to participating at REI 2017."

Mr. Suman Kumar, President, Rajasthan Solar Association:
"Solar has become the most competitive source of energy in India and around the world. We are living in the most exciting times for solar as industry is growing exponentially. India's significant capacity growth is attracting many global solar players into the country and it all starts with REI every year. REI is undoubtedly Asia's largest renewable energy event and this year, there would be dedicated session on Rajasthan called -- Advantage Rajasthan; to showcase business opportunities in the state. Solar companies from Rajasthan are participating in this year's REI in an unprecedented number."

Mr. A.K.Jain, Managing Director, Rajashthan Electronics & Instruments Ltd (REIL):
"With REI, being the India's Leading Expo giving opportunity to exhibitors from around the globe to come together and share common interests, REIL finds it a must attend-event to share its vast experience of over 30 years in the sector and deployment of over 3.15 Lac in SPV Solutions, aggregating to over 50 MW. REIL has emerged as the largest off grid solution provider in the country and has executed pioneer projects under National Solar Mission, Smart Cities Mission and under Government Schemes for Electrification of Rural Housing, Rooftop with Net-Metering, Expert CPSE for Grid Interactive SPV Power plants etc. With these success stories accomplished and many more in pipeline, there are critical gaps and challenges that need to be addressed to achieve the overall objectives. Enforcement of RPO, Falling tariffs, Domestic Manufacturing, Grid Management, Storage, public-private participation to boost rooftop installations, friendly response from DISCOMs for implementation of Net-Metering etc. are some of the major concerns that if addressed can make Rajasthan the Global hub for Solar and help Country achieve its ambitious targets."

Mr. Ketan Mehta, Co-founder, Rays Power Infra.:
"We're proud to have been associated with Renewable Energy India Expo for 4 consecutive years now. The participation at REI has increased the manifold as compared to previous years and this platform has been instrumental in building long term relationships among various solar power companies, be it the developers, suppliers, contractors and has also resulted in synergistically alliances among various solar corporate. This year, we will be launching our new venture 'Rays Future Energy' at the expo and the focus shall be on showcasing solar energy solutions such as E mobility, battery storage and solar products."
"Industry today is poised for tremendous growth in the area of solar PV projects, both for free field and rooftops. Today the industry has achieved the grid parity prices or prices lower than grid parity. These PPA prices have been achieved assuming low cost of imported Chinese modules. The module cost which forms 60% of the project cost has risen by more than 10-12% in the last 3 months since the offer for these projects. Hence, assuming a forward price based on uncertain global market scenario of supply and demand is not sustainable for the industry. We are of the opinion that this current increase of cost of modules will impact the funding for the projects and the quality of execution. If the projects need to be completed on time with funding agencies backing up the projects, the industry needs to offer reasonable PPA prices in the market for sustainable business for the next 3-5 years. This also triggers the need for larger investment in India for wafers and cell, module manufacturing plants to remain competitive and the solar energy to be the mainstay of Power In India. REI is one of the largest platforms where all the important stakeholders participate to ensure effective deliberations, consensus and decision making to reach the vision of 100GW in solar PV projects."

Mr. Sunil Kotak, Executive Director and CEO, Kotak Urja:
"As a leading player in its space, Kotak Urja is proud to be associated with REI for the past 10 years. We have seen REI grow in terms of coverage and stature. It outweighs others in terms of professionalism and international outreach to emerge as India's premier Renewable Energy exhibition and is an excellent platform for stakeholders to get in front of key customers, partners and the press to showcase the integration of products and systems into larger solutions. The solar industry is facing a few headwinds such as impact of GST on the longer run, and the proposed anti-dumping duty. It would be prudent for policy makers to incentivize domestic manufacturers of Solar Modules and Storage Systems. A uniformity across policies of States for Open Access will also help. The future outlook for the industry, however, remains strong, and we as a company and the industry are well prepared to face the growth opportunity that is on offer."

Mr. Vishnu Hazari, Chief Executive Officer, Premier Solar Systems Private Limited:
"Premier Solar has recently expanded its manufacturing capacity with the addition of a state-of-the-art automatic 200 MW solar panels manufacturing facility and with this expansion, the cumulative manufacturing capacity of Premier Solar stands at 375 MW for Solar Panels and 50 MW for Solar Cell. This round of expansion provides a major impetus to our growth and we see Premier Solar manifesting into a key player in this sunrise industry. The ambitious target of 175 GW by 2022 set by the Government of India for solar power generation will involve commissioning of projects across the length and breadth of the country and that's a tremendous opportunity for us. REI provides a great networking platform for Solar PV Product Manufacturers, EPC players and equipment suppliers to meet, connect and discuss upcoming opportunities, explore how they can collaborate together to collectively contribute towards achieving the 100GW target set by Govt. of India."

Mr. Ashish Khanna, ED & CEO, Tata Power Solar:
"Solar is now most promising sector and with an established platform like the REI expo, the sector finds further opportunities to grow and learn various developments taking place in Solar and related industries. It brings together industry experts and organizations across the world with a unique opportunity to showcase new technologies, capabilities and highlight developments that are ultimately transforming India's power generation system and solar sector across the world."

Mr. Saptak Ghosh, Research Scientist, Centre for Study of Science, Technology and Policy:
"The ambitious target of 175 GW by 2022 set by the Government of India for solar power generation will involve commissioning of projects across the length and breadth of the country and that's a tremendous opportunity for us. REI provides a holistic and a great networking platform for Solar PV Product Manufacturers, EPC players and equipment suppliers to meet, connect and discuss upcoming opportunities, explore how they can collaborate to collectively contribute towards achieving the 100GW target set by Govt. of India. Large scale solar power and ground mounted megawatt solar projects plants are taking off. Rooftop policies have been changing so fast over the past 2 years and it has become a task for the sector to gain steady momentum. Once these policies fall into place, it will be easier for us to chart out a stable road map for the 1 GW target. The liberal policies towards Open Access will help. The forward thinking of the Karnataka government, along with continuation of strong policies can help various sectors avail the profits of reasonable renewable energy."

About UBM India: 

UBM India is India's leading exhibition organizer that provides the industry with platforms that bring together buyers and sellers from around the world, through a portfolio of exhibitions, content led conferences & seminars. UBM India hosts over 25 large scale exhibitions and 40 conferences across the country every year; thereby enabling trade across multiple industry verticals. A UBM Asia Company, UBM India has offices across Mumbai, New Delhi, Bangalore and Chennai. UBM Asia is owned by UBM plc which is listed on the London Stock Exchange. UBM Asia is the leading exhibition organizer in Asia and the biggest commercial organizer in mainland China, India and Malaysia.

For further details, please visit www.ubmindia.in.

About UBM plc:  

UBM plc is the largest pure-play B2B Events organiser in the world. In an increasingly digital world, the value of connecting on a meaningful, human level has never been more important. At UBM, our deep knowledge and passion for the industry sectors we serve allow us to create valuable experiences where people can succeed. At our events people build relationships, close deals and grow their businesses. Our 3,750+ people, based in more than 20 countries, serve more than 50 different sectors - from fashion to pharmaceutical ingredients. These global networks, skilled, passionate people and market-leading events provide exciting opportunities for business people to achieve their ambitions.

For more information, go to www.ubm.com; for UBM corporate news, follow us on Twitter at @UBM, UBM Plc LinkedIn.

Media Contact:
Roshni Mitra
roshni.mitra@ubm.com

Mili Lalwani
mili.lalwani@ubm.com
+91-22-6172-7000
UBM India




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