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Home » News » REI Expo 2021 enables renewable energy industry to rebound

REI Expo 2021 enables renewable energy industry to rebound

By September 27, 2021 7:46 pm IST

REI Expo 2021 enables renewable energy industry to rebound
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The 14th REI Expo witnessed a footfall of 12,987 buyers. A virtual platform was also enabled for international visitors from UK, Germany and European Union pavilion.

The 14th Edition of Renewable Energy India (REI) Expo, inaugurated by Guest of Honour Bhagwanth Khuba, Union Minister of State, New and Renewable Energy, Chemicals and Fertilisers, was successfully concluded at the India Expo Center, Greater Noida, by Informa Markets in India, India’s leading B2B exhibition organiser. The event witnessed footfall of visitors from cross-sections of RE sector comprising manufacturing, supply and trading industries. The expo was the 1st Renewable Energy Show in the world to go live with 100 percent physical attendees in the new normal. 

The Expo was marked by the presence of top league high profile dignitaries, from ministers to ambassadors, Best-in-class CXO’s and media, all under one roof. It had over 12987 buyers from various locations, along with fully occupied buyer seller meets, house full conference welcoming more than 70+ speakers and + 500 plus delegates. Some highlights of the conference included a power packed CEO Roundtable Conclave and the financial leader’s forum with representation from World Bank, London Stock Exchange and many more. The event saw more than 170 brands being represented including a UK, German and European Union pavilion. The expo also featured an online dedicated EU Virtual Zone which was set up to support the European participants.

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Speaking at the inauguration of REI Expo 2021, Bhagwanth Khuba, Union Minister of State, New and Renewable Energy, Chemicals and Fertilisers, Government of India congratulated Informa Markets in India for hosting the event and said, “India’s participation in the Renewable Energy sector since the last 7 has grown manifold. India is running the world’s largest clean energy programme to achieve 175 GW of renewable capacity, including 100GW of solar power by 2022 and 450 GW by 2030. It was a moment of immense pride for the ministry when the achievement of the target of 101 GW renewable capacity was announced on Independence Day this year. We have a focused approach towards turning our vision into reality. With the announcement of the National Hydrogen Mission, the aim is to make India a global hub for the production and export of green hydrogen. Our country is also a massive producer of biomass – close to 756 million tonnes, out of which 266 million tonnes is utilised in the manufacture of briquettes and pellets. Our efforts are also dedicated towards decarbonisation of heavy industries like steel, cement and textile industries. In the coming years, the Government will be working on this aspect.”

Speaking at the successful conclusion of REI 2021, Yogesh Mudras, Managing Director, Informa Markets in India said, “This year has been remarkable as the expo returned in its physical format after a gap of 2 years. With REI Expo 2021, Informa Markets in India reinforced the bond amongst the industry, Government & Investors. The expo stands by the Indian Government’s endeavours of a quantum growth in the renewable energy sector by serving as an Industry catalyst, bringing in the domestic and International RE fraternity, including investors and technological experts all under one roof.

Gaurav Kedia, Chairman, Indian Biogas Association was glad about his organisation’s decision to participate in the expo this year and said, “It is one of the most crucial events in the renewable energy sector especially after COVID-19. The need of the hour is the pushpull concept, wherein you need proper push from many ends and pull has to come from the market. REI with its expo in physical form is bringing the pull in terms of visitors, exhibitors and buyers. Till the time, physical events were on hold virtual ones did take place, but the eye-to-eye contact and interpersonal communication play a huge role in building strong business relationships. The turnaround of serious buyers is much greater in this expo and people are coming forward leaving their apprehensions behind seeking some opportunities which has given them result-oriented outcome.” 

For more information, visit –https://www.informamarkets.com/en/regions/asia/India.html

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