E-Vistas India presents
3rd India Clean Energy Summit 2022
Grey to Green: 24 x 7 Peaking Power – a necessity
OPPORTUNITY AREAS
Investment in renewable energy in India reached a record US$ 14.5 billion in FY22, an increase of 125% over FY21
Delhi’s Indira Gandhi International Airport (IGIA) has become the first Indian airport to run entirely on hydro and solar power. Around 6% of the airport’s electricity requirement is met from the onsite solar power plants
India is the only country among the G20 countries who is on track to achieve its targets under the Paris Agreement
In November 2021, at the COP-26 Summit in Glasgow, Prime Minister, Mr. Narendra Modi made a promise to increase India’s renewable energy generation capacity to 500 GW, and meet 50% of India’s energy needs through renewable means by the year 2030
More than Rs. 5.2 lakh crore (US$ 70 billion) has been invested in India’s renewable energy sector since 2014.
India Clean Energy Summit 2022
Our Intent is….
- To bring Government authorities, State regulators, Corporates, Financial Institutions, Technology players and Infrastructure companies at one platform
- To Create a White Paper on the actionable points discussed at the Summit & submitting the learning to Policy makers for desired action
- Address the dark side of this bright sector
Practical Challenges
- Poor financial condition of power distribution companies (Discoms)
- The weak transmission grid in the country has also been a challenge, especially in the case of RE projects, which are often set up in remote areas, and away from large cities and consumption centres
- Distribution companies reforms
- Lack of development funds
- A framework to adopt new developments like battery storage solutions and off-shore wind turbines, and technology solutions to integrate an increasing share of renewables into the grid
- Inadequacies in Grid infrastructure
- Bulk of tendered projects are delayed or under –subscribed
- Uncertainty in payments from Discoms
- Big challenges are regulatory issues in some states and availability of debt financing
Key Points of Discussion
- New technologies, new economies, need for disruptive thinking
- Embracing Green Hydrogen & green ammonia as an alternate fuel
- Confusion over taxes
- Reverse auctions
- Flexible transmission network planning
- Lowering of prices of Solar Panels and Wind turbines
- Residential solar rooftops – Still a challenge
- Rent – a – roof concept
- Why Floating Solar Panels gaining popularity?
- Net metering policies
- Role of corporate to promote Clean energy
- Financing of Renewable energy projects in India
- Capacity augmentation of existing transmission infrastructure
- Wind – Solar Hybrid,
- Off-shore Wind Energy,
- Floating PV Projects
