January 13, 2025
renewx inaugural
Business

RenewX 2022 makes a big pitch for Carbon Neutral economy with the Indian business community

Rekha Nair
3 years Ago

Hyderabad, Jun, 2022: The 6th Edition of the comprehensive renewable energy event, RenewX 2022 – also the largest ever — commenced today at Hitex, Hyderabad, as India looks to accelerate its transition to renewable energy and reduce its reliance on other energy sources.  India has set an ambitious target of meeting half of its energy needs, which is 500 GW, from renewable resources by 2030 and reach the net zero emission levels by 2070. Curated on theme ‘Unlocking the Era to Net Zero Emissions’, the show stressed on to increase the penetration of renewable energy generation and gear up the stakeholders to progress towards Sustainable Development Goals.

The inauguration of South India’s iconic show took place in the presence of key dignitaries such as Sri N. Janaiah, VC and Managing Director, Telangana State Renewable Energy Development Corporation Ltd, Sri. Ajay Mishra, IAS, Director General – RESI and (former) Spl. Chief Secretary, Govt of Telangana, Mr. BRUSSELMANS Pierre-Emmanuel, Consul General, Consulate General of the Kingdom of Belgium in India,  Shri. Vinay Rustagi, MD – Bridge to India Pvt. Ltd and Mr. Rajneesh Khattar, Sr. Group Director, Informa Markets in India among others.

While the Telangana state has joined the expo as a ‘Partner State’, with over 100+ exhibitors under one roof, including companies like Waaree Energies, Goldi Solar, Jinko Solar, Premier Energies, Jakson Group, Rayzon Solar, Adani Solar, Evervolt, Enpossibilities, Redington, Touch Energy, DNV, Impulse Green, ICON Solar, Raydean Industry, Invergy, Sunbound Energy & many more, the expo displayed a wide array of latest product and technologies from different categories– PV modules, Hybrid systems, materials and Equipments, Inverters, charge controllers, batteries, Testing and monitoring systems, Component manufacturers, Bioenergy equipment manufacturers, Back sheet manufacturers and System integrators.

South India is set to take up its leadership in renewable energy capacity creation again. The incredible support received from the Ministries, Government Departments and top Industry Associations such as, Indo German Energy Forum, National Solar Federation of India, Bridge to India pvt Ltd, Indian Bio Gas Association and many more accelerated the transition to a more resilient and sustainable energy economy while also harnessing investment, employment and import replacement opportunities. The conference agenda comprised of panel discussions and presentations on topics such as ‘Policy Regulations Need of the Hour for India for Effective Circular Economy in Solar Energy’, ‘Innovations and Technology the way forward to RE’, ‘Green Hydrogen – India’s Pathway to Green Economy!’, ‘Power Crisis – addressing peak demand through Renewables’, ‘E-Highways are Economic and Green only when powered by RE’, ‘Business Opportunities for AgriPV in India’, and ‘Bioenergy – A must for the emerging India Energy market!’

The great importance which the government is placing on renewable energy was reflected in a power packed accompanying program All CEO Conclave which carved out a medium-to-long term blueprint for stakeholders to define the roadmap to achieve 500 GW of renewable energy by 2030. The 90 Mins closed-door format session chaired by Shri Sunil Sharma, IAS, Special Chief Secretary to Govt, Energy Department, Government of Telangana was attended by 20 – 25 CEOs across the floor. They delved on the subjects of efforts Policy makers are undertaking to improve Indian entrepreneurial landscape in RE domain & Upscaling the investment climate in the country with special emphasis on EV in Southern region. 

On the second day, the show will also witness the maiden edition of the RenewX Awards at the same venue, Hitex. The awards will further support and encourage industry players with an impact in South India, who strive hard to bring about a sea change in the renewable energy domain with ground-breaking innovations and initiatives. A well-regarded jury panel comprising industry experts will confer and select from over 60 Nominations that are expected to be received. The awards will be conducted methodically with EY as Process Advisors.

Speaking on the occasion, Mr. Yogesh Mudras, Managing Director, Informa Markets Indiasaid, “RenewX, once again through its 6th edition has taken a step to support the drive to reduce India’s carbon emissions and move towards clean energy.As India looks to meet its energy demand on its own, which is expected to reach 15,820 TWh by 2040, renewable energy is set to play an important role. Use of renewables in place of coal will save India Rs. 54,000 crore (US$ 8.43 billion) annually. We are glad that the exhibition and the conference, RenewX 2022 gave impetus to the renewable energy stakeholders to adopt latest technologies and trends and achieve a carbon neutral economy by 2050”

“Being blessed with long coastlines for wind energy, and enough irradiance for solar, the southern states (Karnataka, Kerala, Tamil Nadu, Telangana &Andhra Pradesh) all host renewable energy industry through RenewX in a big way and make it an attractive business destination. Initiatives like CEO Conclave and RenewX awards further encouraged buyers to invest in newer clean energy technologies and bring change in the renewable energy domain with ground-breaking innovations to help India to achieve its renewable energy target,” he further added.

The roll out of “big bang” clean energy policies and reforms including the green hydrogen and green ammonia policy, production-linked incentive schemes in solar module and battery manufacturing, market based economic dispatch, general network access, green energy corridor schemes and privatisation of state-owned assets across distribution, generation, and transmission have boosted clean energy requirements. RenewX also addressed the call for localisation and ‘Atmanirbhar Bharat’ and was a reflection of the country’s green economy goals.

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Release of Brochure Previous post Prawaas 3.0 – India’s flagship event on Public Transport to be held in Hyderabad from August 4-6
As we celebrate the World Food Safety Day, our heart should go for the193 million people who face acute food insecurity in 53 countries and territories according to the Global Report on Food Crises, GRFC 2022 released recently by the United Nations. These numbers are in themselves alarmingly high and point towards the need for a greater analysis of the drivers of food insecurity and inspire us to consider global actions for an integrated response to food security, economic inclusion, employment creation and actions to mitigate climate change. Although the report highlights the countries facing acute food insecurity for some years like Yemen, Somalia, Ethiopia. Sudan, and Nigeria, food insecurity is in fact looming large on the vast humanity. Food insecurity is partly due to repeated draught and adverse weather conditions and because of instability of governmental support and ongoing conflicts and war. Further, even in the countries that are otherwise comfortable on food production, the glaring economic disparity poses a serious threat to food insecurity. If anything, Russia’s continued aggression against Ukraine is going to make the situation even worse as Russia and Ukraine are among the largest producers of wheat and other cereals. In 2021, the two countries accounted for major shares of global exports of wheat (33 percent), barley (27 percent),maize (17 percent), sunflower seeds (24 percent) and sunflower oil(73 percent) as per the IFPRI report of February 2022. What Russian leadership has not understood that the post Covid-19 world required a dialogue rather than a war to resolve the conflicts of interest, if any, with neighbour. The old tactics of waging a conventional war to win over another nation’s territory would not work in a hyper-connected world in which the capabilities and moves of each nation are clearly visible to one and all. As Sam Pitroda beautifully put in in his best seller Resign the World- A Global Call to Action, “The future is not only about national pride, business, market, religion, or race, with the bogey of an enemy at the border; it is about climate change and human development. Now is the time to move from violence and military options to non-violence and the imperatives of peace”. With Russia still at war with Ukraine, the food insecurity and the global economic instability may further be impacted, even become the worst. Agriculture Development is Key to Food Security There could be no denying that agricultural sector is one of the most powerful vehicle for economic development and a valid means to end extreme poverty, create employment in the rural areas, boost economic inclusion, and feed a projected 9.7 billion world population by 2050.But nations around the world are deeply engaged in boosting economic growth using an urban centric growth strategy for the last several decades. Even in a country like India, that achieved international acclaim for its Green Revolution of the 1970s, the focused attention of economic development, especially after the globalization of national economy in July 1991 has largely rested on increased urbanization. The cities and mega towns began to be regarded as powerhouses of accelerated economic growth that was powered by IT and IT enabled high-tech automated industries and the service sector. Agriculture and the development of rural areas received a low priority, in otherwise a highly agri-based society of India. Increased urbanization besides causing exodus of rural population to the urban cities and mega towns, deprived the rural areas of both the capital as well as the talent to create a vibrant rural sector of economy. We need to pay a focused attention to the development of agriculture sector and the rural India by going rural with a high-tech mind and scientific solutions to boost agriculture productivity without eroding soil fertility and achieving substantial water conservation in cultivation of a variety of agriculture crops.  Further, alongside with increased production, we need to foster a new era of food processing and allied agriculture industries in rural areas to design and develop tomorrow 'smart village clusters as the new power houses of economic prosperity and sustainable development. Establishment of a chain of high-tech food testing laboratory is also urgently required to prevent food adulteration. Currently there is a real shortage of testing facilities, though the FSS standards are being tightened. A balanced approach to urbanization and high-tech village cluster development will suit the goal of accelerated economic development of a populous country like India. This is also the way to protecting the interest of people and the planet. Urgent Actions Needed to Stop Food Wastage and boost Food Processing Industry According to data provided by the United Nations Food and Agriculture Organization (FAO), India’s total food production across all categories such as fruits, vegetables, grains, and horticultural items accounts to a total of 308.65 million tons. After China, India ranks as the second largest producer of fruits and vegetables. Unfortunately, this large amount of food production is also associated with large amounts of food wastage. The FAO report indicates that as much as 40% of all food produced in India is wasted every year. Out of the 40% of food wasted, 18% accounts for Fruit and Vegetable production which is caused by lack of proper storage and dismal food processing industry. This is where immediate actions are required to overnight boost the storage capacity and provide an accelerated growth of high-tech food processing industry in the rural areas that now have excellent roads as well as cyber connectivity. However, the trouble in India is that we do not acknowledge the severity of the problem and tend to put it on backburner with the hope that the situation shall improve by itself, but the hope alone is not enough. It needs to be matched by strategic actions, implemented with conviction and with a sense of urgency. It is also disturbing to note that almost one third of food produced globally is either lost or wasted. As such addressing food loss and waste is critical to improving food and nutrition security, as well as helping to meet climate goals and reduce stress on the environment. A major attempt for series of systemic reforms in agriculture, including tackling food waste was however, made by the Government of India through the Agriculture Laws that were so viciously opposed by the famers unions and were ultimately withdrawn. A serious attempt to reviving the agenda for systemic reforms in the agriculture sector is urgently needed to safeguard the interest of the farmers as well as the people of India. Food is not just to fetch Hunger but for a Healthy Life  Our current food systems also threaten the health of people and the planet and generate unsustainable levels of pollution and waste. Reliance on meat for food is causing a serious concern both for the health of the people as well as that of the environment. The IPCC report 2021states that “non animal sourced food, including meat, poultry, and seafood alone account for reducing 8gigatons of CO 2  per year”. That itself amounts to just over 20% reduction in worldwide carbon dioxide emissions that are currently estimated at 38 gigatons per year. Naturally, it makes a great environmental protection sense to shift away from the meat based non vegetarian diets. Studies led by Dr Keren Papier, from the Nuffield Department of Population Health at the University of Oxford in 2021 have shown that excessive consumption of red as well as processed meat leads to an increased likelihood of developing colorectal cancer. The Oxford study also concluded that those individuals who consume excessive amounts of meat are more likely to adopt unhealthy habits such as smoking and alcoholism and are also more likely to develop diseases, compared to those who consume little or no amounts of meat. It goes without saying that we humans are designed to be vegetarians. Our teeth and jaw are the testimony of our vegetarian design. Our metabolism is also more akin to a plant based vegetarian diet. But unfortunately, in India, under the disguise of modernity there appears to be a mad rush towards non vegetarian diet and alcoholism while people in the western developed countries are shifting away from meat eating and alcohols. Let the celebration of World Food Safety Day inspire us to turn towards healthy food and protect the interest of both the people and the planet. Anugyan is a 12th grader at an International School in the US, and Professor Pritam B Sharma is an eminent academician, former professor of IIT Delhi, founder Vice-Chancellor of DTU and RGPV, past president of Association of Indian Universities, AIU. Next post Food Security and Inclusive Sustainable Development will go Together- Anugyan and Prof Pritam B Sharma

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