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Business Economy

Informa Markets to organise 2-day renewable Energy trade expo in Hyderabad from Nov 19

Hyderabad, Nov 15 (UNI) Informa Markets in India, the leading B2B exhibitions organiser on Monday announced the 5th edition of RenewX, a two-day Renewable Energy trade expo to be held at the Hitex, here from November 19.
Through RenewX 2021, will provide an Industry platform to the renewable energy buyers and sellers enabling them to connect and collaborate for generating business opportunities, Informa Markets owned by Informa PLC, said in a release here.
One of the leading shows in South India, RenewX will witness a congregation of South India's green economy community to discuss industry trends, challenges and market insights.
While Telangana is a partner state, the Telangana State Renewable Energy Development Corporation Limited will be the Nodal Agency at the show.
This year, for the first time, the expo will be witnessing the presence of the UK joining as the ’Partner Country‘.
The key highlights of the show include a two-day conference, product showcase, pavilions in the form of UK Pavilion and participation from industry stalwarts such as Greenko Group, Longi Solar, Ginlong Solis, Premier Energies, Wattkraft, Goldi Solar, Evvo Solar, Pennar Industries, Rayzon Green Energies, Axitec Energy, Novasys Greenergy, REC Solar and Ksolare Energy among others.
Day 1 will witness a closed-door CEO Conclave – ‘From Ambition to Action – A Visionary Debate’ that will be chaired by Telangana Principal Secretary (IT) and Co-chaired by Jayesh Ranjan and Telangana Former Special Chief Secretary (Entergy Department) Ajay Mishra.
Speaking on the announcement, Mr. Yogesh Mudras, Managing Director, Informa Markets in India said, India’s renewable energy sector is the most attractive renewable energy market in the world. As of July 2021, India had 96.96 GW of renewable energy and represents 25.2 percent of the overall installed power capacity. Due to India’s geographical positioning and topography, solar power has a significant potential in the country offering a competitive advantage over other countries.
Moreover, India is now embracing the idea of AgriPV as solar and the farming industries are beginning to see potential in the combined usage of land for food production and energy generation. The Government of India has also announced various initiatives and has undertaken various large-scale sustainable power projects to promote green energy, setting an ambitious target to generate 450 GW of RE by 2030, he said.
With Government’s support to the sector and improved economics, this sector is becoming more attractive for the investors, he added.
RenewX once again is geared to share relevant insights gained in the domestic and global renewables market through its 2 days of power packed conference with the theme ‘South India Energy Conclave’
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