The Battery Show India and Renewable Energy India Expo 2023 Forge a Monumental Industry Confluence

 

The inaugural edition of The Battery Show India, organized by Informa Markets, made a remarkable entrance alongside the 16th edition of Renewable Energy India 2023, one of the most extensive renewable energy expo in Asia, held at the India Expo Centre in Greater Noida from October 4th to 6th. These notable gatherings attracted an impressive assembly of industry leaders, policymakers, experts, and exhibitors, collectively laying the cornerstone for an inspiring journey towards sustainable energy solutions. This pioneering co-location marked the first-ever convergence of India’s Renewable Energy, Energy Storage, and Electric Vehicle (EV) Industries, setting the stage for an extraordinary and historic event.

The inauguration of India’s iconic show on innovative renewable energy and battery solutions was graced in the presence of key dignitaries such as Mr. Alex Whitworth, Vice President & Head of Asia Pacific Power & Renewables Research, Wood Mackenzie; H. E Mr. Vincenzo De Luca, Ambassador of Italy to India; Shri. Kuljit Popli, Former Chairman and Managing Director- IREDA & Former Advisor ISA, Director Clime Finance; Shri. N Janaiah, Vice Chairman and Managing Director, TSREDCO; Mr Christopher Eve, Senior Vice-President, Informa Markets in Asia; Mr Yogesh Mudras, Managing Director, Informa Markets in India, and Mr Rajneesh Khattar, Senior Group Director, Informa Markets in India amongst others.

Sharing his insights Mr. Alex Whitworth, Vice President & Head of Asia Pacific Power & Renewables Research, Wood Mackenzie said, “In the power and renewables sector, two significant trends stand out: global market doubling over the last two decades, with a projected double increase in the next two, marking a stark contrast to fossil fuels, and wind and solar energy growing to potentially represent half of the global power supply by 2050. Asia, led by China and India, now commands over 60% of future global power demand, while India grapples with 75% of fossil fuel-based power. However, technological advancements are poised to quadruple wind and solar capacity in the coming two decades. Challenges include accommodating variable renewables, with expectations of reaching 87% of peak load, and increasing costs. The sector requires over $3 trillion of investment in the next decade, with wind and solar at the forefront, offering vast opportunities for industry stakeholders.”

Speaking on the occasion, Shri. Kuljit Popli, Former Chairman and Managing Director- IREDA & Former Advisor ISA, Director Clime Finance said, “Climate change is a pressing global challenge that demands urgent action. Green hydrogen, energy storage, and re-mobility are essential for addressing this crisis. The government have set ambitious net-zero emissions targets, and the world has a limited carbon budget. We must transition 2% of our energy to non-fossil fuel sources, focusing on renewables and green hydrogen, within 25 years. Investments in green energy are rapidly increasing, and the adoption of electric vehicles, particularly in India, will be crucial for reducing transport sector emissions.”

Shri. N Janaiah, Vice Chairman and Managing Director, TSREDCO said, “Green hydrogen, energy storage, e-mobility, and solar power are the pillars of a sustainable future. As a global community, we must unite to make renewable energy a reality.”

Expanding upon REI’s illustrious legacy, the inaugural edition of The Battery Show India is poised to be truly exceptional. The event showcases an impressive assembly of over 900 brands, features an extensive lineup of more than 250 speakers, and anticipates an impressive turnout of over 40,000 visitors. This influential convergence of professionals and enthusiasts from various sectors, including Energy, Automotive, Transportation, and Mobility, underscores the unmistakable surge in momentum within the Renewable Energy and Battery solutions sector in India.

Speaking on the occasion, “Mr Yogesh Mudras, Managing Director, Informa Markets India, said, “The Battery Show India alongside Renewable Energy India 2023 Expo are comprehensive catalysts for innovation and collaboration in the renewable energy, energy storage, and EV sectors. India’s leadership in renewables and EVs, driven by ambitious targets and government support, has surged battery demand. The events’ role in convening stakeholders, discussing trends, and forging partnerships is instrumental in advancing these sectors and supporting India’s shift towards a clean energy future. India, the world’s fourth-largest renewable energy producer, aims to achieve 500 GW of renewable capacity by 2030, with battery demand projected to grow at a remarkable CAGR of over 25%.

Packed with a repository of alluring events for green energy professionals, will include the much-anticipated CEO/CXO Conclave, CTO Forum, REI Awards, and a power-packed conference spanning over 25 sessions across three scintillating days, the colossal platform has received immense support from turnkey exhibitors, as well as substantial backing from Indian and international associations, government bodies, and organizations and bodes well for the industry at large,” he added.\

The Battery Show India 2023

The Battery Show India 2023 drew professionals and enthusiasts from various sectors, including Automotive, Transportation, and Mobility. Among the prominent exhibitors were industry giants like Saint Gobain, Rubamin, Log 9 Materials Scientific Pvt Ltd, Erhardt + Leimer (India) Pvt. Ltd., CELGARD, Feinmetall Gmbh, Brueckner Maschinenbau Gmbh, Henkel, and Parker Hannifin, to name just a few. The expo in its initial phase garnered substantial support from both Indian and international associations, including the Federation of Electric Vehicle Association (FEVA), ELCINA, National Highway of Electric Vehicles (NHEV), Environment and Water (CEEW), Bridge to India, JMK Research, Ease of doing Business (EODB), PV Magazine, BloombergNEF, Grant Thornton, Yole Group and Wood Mackanzie. Additionally, the event received backing from the Ministry of Electronics and Information Technology, Government of India.

This event offered a unique opportunity to discuss on most important issue and provide insights on the challenges and opportunities of India’s road transport electrification, battery technologies and product innovations, developments in battery recycling, lithium battery manufacturing opportunities, battery material supply chain, and barriers in the EV industry with possible solutions. Key speakers included Mr. Shantanu Jaiswal, Head of India Research, BloombergNEF; Mr. Nitin Seth, CEO-Mobility, RIL; Mr. Pankaj Sharma, Co-founder, Log9 Materials; Mr. Sai Charan Kuppili, Technical Director, Jinko Solar; Mr. Naveen Nagpal, Assistant Vice President – Renewables, BSES; and Dr. S.K.SAROJ, Chairman, Federation of Electric Vehicle Association, among others.

India’s Position as a Battery Storage Market Leader

The upcoming period is expected to bring lucrative growth opportunities for the Indian BESS market (Battery Energy Storage System), driven by technological advancements in new battery technologies aimed at energy storage and India’s ambitious goal to achieve approximately 500 GW of renewable capacity by 2030. In India, the recycling of electric vehicle (EV) batteries is also receiving more attention in addition to the BESS market. Because 90% of spent batteries in India are typically disposed of inappropriately, this is significant. Adopting sustainable recycling methods is crucial because the market for recycled EV batteries in India is predicted to reach 128 GWh by 2030. Up to 90% of the carbon emissions related to EV battery production can be cut by recycling them.

With the consistent support of business titans, trade groups, and the government, Battery Storage India 2023 has established itself as a pillar of India’s transition to sustainable energy.

The Renewable Energy India 2023

This year’s event includes the German Pavilion, Italy Pavilion, and Indian Biogas Pavilion on the show floor, while featuring a lineup of premium exhibitors such as Reliance Industries Limited, JSW Group, Adani Solar, Vikram Solar, Goldi Solar, Saatvik, Havells, Waaree, Premier Energies, Sungrow, Emmvee Photovoltaic Power, FIMER, Renewsys, ArcelorMittal Nippon Steel, LONGI Solar, Grew Energy, Envision, Nextracker, DNV, Hero Future Energies, Enerparc Energy, Dhash PV Technologies and more.

 The expo showcased cutting-edge technologies and solutions in solar energy, wind energy, bioenergy, energy storage, electric vehicles, and charging infrastructure. Attendees explored the latest products and services from a wide range of exhibitors, including premium brands like Reliance Industries Limited, JSW Group, Adani Solar, Vikram Solar, Goldi Solar, and more. The expo also enjoys the support of prestigious associations, such as the Federation of Electric Vehicle Association (FEVA), Federation of Cold Storage Association Of India, Indian Bio Gas Association (IBA), ELCINA, National Highway of Electric Vehicles (NHEV), Council on Energy, Environment, and Water (CEEW), and many more.

Studded with a repository of alluring events for green energy professionals, REI Expo 2023 will include the much-anticipated CEO/CXO Conclave, CTO Forum, REI Awards, and a power-packed conference spanning over 25 sessions over the course of three scintillating days.

Mr Rahul Bhutiani, Head- Sales & Marketing, Adani Solar stated, “Participating in the Renewable Energy India Expo is immensely beneficial, allowing us to connect with key stakeholders, showcase our forthcoming Topcon product, and identify opportunities. Our long-standing participation in REI is integral to our solar manufacturing journey. As for Adani Solar’s role in the government’s target of 500 gigawatts by 2038 and net-zero emissions by 2070, we’re expanding from a 4GW to a 10GW manufacturing capacity, positioning us to contribute significantly to meeting these goals, with a target of reaching 10 gigawatts by 2027.”

Among the conference’s standout features are the Green Hydrogen Session, The 1st World Women Empowering The CleanTech Decade Summit, E-Highways, Corporate Decarbonization, RE – Master Talks, and more.

Esteemed speakers gracing the conference stage include luminaries such as Mr Vinay Rustagi, Managing Director of Bridge To India, Mr Rishabh Jain, Senior Programme Lead at the Council on Energy, Environment and Water (CEEW), Mr Soumya Sinha, Director of Supply Chain & Logistics Practice for Middle East & South Asia at Frost & Sullivan, Mr Satyam Bheemarasetti, CEO of CES- NeoSilica India LLP, Mr Nirmal Bhagwat, Manager of Application Engineering at LORD India Pvt Ltd, and Mr Girish Tanti, Co-founder & Vice Chairman of Suzlon Energy Limited, to name just a few of the renowned lineup of speakers.

REI 2023 is a powerful platform for driving the growth and advancement of the renewable energy sector in India and beyond. The expo provides a unique opportunity for stakeholders to showcase their latest products and services, connect with potential partners, and explore new opportunities.

India and the RE stakes:

India’s resolute renewable energy targets aim for 500 GW by 2030, supported by incentives and substantial R&D investments. At Renewable Energy India Expo 2023, industry innovation and opportunities shine, coinciding with India’s projected rise as the world’s largest renewable energy market. This burgeoning sector fuels economic growth and jobs, exemplified by initiatives like PM-KUSUM, aiming to install 25 million solar pumps by 2025, redefining India’s energy landscape. With government backing and innovation, the expo underscores the sector’s remarkable potential and evolution. Some of the key trends in the Indian renewable energy sector include a growing focus on solar and wind energy, increasing deployment of battery storage systems, rising demand for electric vehicles, growth of rooftop solar installations, development of renewable energy parks, Government initiatives to promote renewable energy, such as the Production Linked Incentive (PLI) scheme.