Renewable Energy India REI Expo Shaping the Future of Clean Energy

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GREATER NOIDA, India, September 18, 2018/PRNewswire/ --
The 12th edition of Asia's largest and most influential event in RE Domain sets in motion today

- Over 750+ exhibitors, 45 countries, 1,000 + delegates, 225+ speakers and 37 conference sessions
- Exuberant International Participation, Global Interest, International Investments & Technology Breakthroughs mark the 2018 edition of REI
- 3 - Day power packed conference - 'Accelerating Momentum…From Ambition to Action'. Conference to highlight innovations, challenges and successful case studies, and deliberations taking the sector forward
- EU - India Clean Energy & Climate Days and International Matchmaking organised by Business Beyond Borders (BBB), an ambitious project by Euro Chambers and supported by European Business and Technology Centre (EBTC)
- Bolstering Start-ups and SMEs with the launch of Sunrisers Pavilion
- Session on Advantage Telangana
- Crucial Industry Dialogues in the form of CEO Roundtable
- Finance Leadership Forum
- Quality & Future Round Table by PV magazine
- 4th edition of Renewable Energy India Awards to recognize Innovation & Excellence in the field of Renewable Energy on 17th September 2018

UBM India today launched the 12th edition of the Renewable Energy India (REI) Expo, the three day (18th to 20th September 2018) show at the India Expo Center, Greater Noida. The expo was inaugurated by key dignitaries including Shri Manu Srivastava, IAS, Principal Secretary, New and Renewable Energy Department, Government of Madhya Pradesh; Dr. Jasper Wieck, Deputy Chief of Mission, Embassy of the Federal Republic of Germany; Er. Neelam Janaiah, Vice Chairman & Managing Director, Telangana State Renewable Energy Development Corporation Limited (TSREDCO); Mr. Takashi Omote, Executive Director, NEDO, Japan; Ms Henriette Faergemann, First Counsellor, Head of Section, Environment, Energy, Climate Change, Urbanisation, Mobility, Foreign Policy Instrument with Delegation of EU to India; Mr Justin Wu, Bloomberg New Energy Finance; Ms. Margaret Ma-Connolly, CEO, UBM Asia; Mr. Yogesh Mudras, Managing Director, UBM India and Mr. Rajneesh Khattar, Group Director, UBM India, during the high profile Opening Ceremony on 18th September.

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REI in its 12th edition saw over 750 exhibiting companies and participation from European Union - India - Clean Energy & Climate Days and Business Beyond Borders (BBB) , National Skill Development Corporation (NSDC), Skill Council for Green Jobs (SCGJ), European Business Technology Center (EBTC), Euro Chambers, Bloomberg New Energy Finance, Bridge to India, World Business Council for Sustainable Development (WBCSD), Indo-German Energy Forum (IGEF ), Solar Energy Research Institute of Singapore (SERIS), Asian Photovoltaic Industry Association (APVIA), TFE Consulting GmbH, PV magazine and Indian Biogas Association and German Biogass Association (IBA and GBA), among others, joining in the rich conference domain.

The show also featured prominent country pavilions including those of Germany, EU, Japan, Spain, China and Chinese Taipei, among others. Additionally, it featured theme pavilions such as 'Sunrisers' which is a special initiative to support start-ups and SMEs and a 'Bio Energy' pavilion in association with Indian Biogas and German Biogas Association. The 'World of Innovation', an exclusive platform for novel exhibitor product launches was organised to reach out to audience interested in novel products. Some of the key exhibitors at the expo included Tata Power Solar, Adani Power, Vikram Solar, Waaree Energies, JA Solar, Huawei, Jinko Solar, Sungrow, Canadian Solar, Mahindra Susten, ABB, Siemens Gamesa, Patanjali, Havells, Meyer Burger and Trina Solar, amongst others.

Speaking at the commencement of the 12th edition of REI, Mr. Yogesh Mudras, Managing Director, UBM India said, "The Indian renewable energy sector is the second most attractive renewable energy market in the world, China being the first. It has been aspiring to attain the prime position in the clean energy transformation, aiming to achieve at least 225,000 megawatts (MW) of installed renewable energy capacity by 2022 much beyond the targeted 175 GW. Last year, the country added more power-generation capacity from renewable sources than conventional ones. Not surprisingly, half of the world's 10 largest solar parks under construction are in India. All this is acting as a huge pull for international investors and equipment suppliers. Along with the positives, however, plenty of challenges are also making their presence felt in the clean energy industry. Fierce competition, slowdown in new tender issuance resulting in all-time tariff lows, increase in costs with a corresponding increase in module prices, GST rollout, anti-dumping duties on raw materials that are making many of the recently auctioned projects unviable, are some of the issues we get to hear about."MORE PRNewswire.