Alternate Energy, Renewable Energy, Energy, Solar Energy, Wind Energy, Hydrogen, BioEnergy, Biofuels, Gree Energy, Geothermal Energy, Hydroelectricity, Nuclear Energy, Wave Energy, Batteries, Battery, Energy Storage, New Energy, Clean Energy, Energy Transition, Syatainable Future, Solar Panels, Trade Show, Power Generation, Green Power, Sustainable Power
Alternate Energy, Renewable Energy, Energy, Solar Energy, Wind Energy, Hydrogen, BioEnergy, Biofuels, Gree Energy, Geothermal Energy, Hydroelectricity, Nuclear Energy, Wave Energy, Batteries, Battery, Energy Storage, New Energy, Clean Energy, Energy Transition, Syatainable Future, Solar Panels, Trade Show, Power Generation, Green Power, Sustainable Power
Alternate Energy, Renewable Energy, Energy, Solar Energy, Wind Energy, Hydrogen, BioEnergy, Biofuels, Gree Energy, Geothermal Energy, Hydroelectricity, Nuclear Energy, Wave Energy, Batteries, Battery, Energy Storage, New Energy, Clean Energy, Energy Transition, Syatainable Future, Solar Panels, Trade Show, Power Generation, Green Power, Sustainable Power
Alternate Energy, Renewable Energy, Energy, Solar Energy, Wind Energy, Hydrogen, BioEnergy, Biofuels, Gree Energy, Geothermal Energy, Hydroelectricity, Nuclear Energy, Wave Energy, Batteries, Battery, Energy Storage, New Energy, Clean Energy, Energy Transition, Syatainable Future, Solar Panels, Trade Show, Power Generation, Green Power, Sustainable Power
About The Event
- AFEV 2024 – Alternate Energy Exhibition focuses on global energy sector moving towards alternate ways of energy generation for a greener & sustainable future.
- An Ideal Platform for display and launches of new initiatives, machinery products and technologies, establishing joint ventures, developing and renewing international and regional contacts.
- International Participation of industry leaders is expected from Asia, Australia, Africa, America and Europe.
- Participation of leading Indian States and PSU’s, Large Corporates and Small and Medium Organisations. With decrease in thermal resources, the next step is to find alternate sources of energy to meet the increasing electricity demand of the country.
- AFEV aims to create an opportunity for industries of India to share ideas/ innovations and explore new possibilities of energy generation, distribution and consumption in a greener and sustainable way.
- Innovation / Start-ups, SMEs, R&D Institutes, Academia, etc. will showcase their global developments.
Alternate Energy, Renewable Energy, Energy, Solar Energy, Wind Energy, Hydrogen, BioEnergy, Biofuels, Gree Energy, Geothermal Energy, Hydroelectricity, Nuclear Energy, Wave Energy, Batteries, Battery, Energy Storage, New Energy, Clean Energy, Energy Transition, Syatainable Future, Solar Panels, Trade Show, Power Generation, Green Power, Sustainable Power
India having large energy consumption & noting the future requirement creates a necessity for transition to cleaner energy for a sustainable future.
India is a crucial player in the global clean energy transition, given its status as the third-largest energy consumer in the world as of 2022.
India currently experiences a significant increase in energy demand driven by rapid economic growth, which necessitates a shift away from fossil fuels.
India stands 4th globally in Renewable Energy Installed Capacity (including Large Hydro), 4th in Wind Power capacity & 4th in Solar Power capacity (as per REN21 Renewables 2022 Global Status Report). The country has set an enhanced target at the COP26 of 500 GW of non-fossil fuel-based energy by 2030. This has been a key pledge under the Panchamrit (nectar elements). This is the world’s largest expansion plan in renewable energy.
- There are 250-300 days of clear sun with an available average radiation of 4 to 6 kWh/sq.metre over a day. There is a capacity to generate 1.5 million units/MW/year through solar photovoltaic systems & up to 2.5 million units/MW/ year through solar thermal systems.
- Investor-friendly policies of the Government of Maharashtra and technical viability of demonstration projects have attracted private investment of more than Rs. 11895 crore in the wind sector so far.
- To enhance attractiveness of investment in this sector the Ministry of Finance is extending exemption on excise duty & levying concessional custom duty over equipment and machinery purchased by the investors for developing a new cogeneration power projects.
- For waste-to-energy reimbursement towards expenses incurred on evacuation arrangement maximum upto Rs. 1 Cr/ project after commissioning the project. Electricity Duty – exempted for captive consumption upto 10 years from date of commissioning.
- A number of policies promoting power generation from alternate energy sources like solar, wind, bioenergy, hydro etc. are also in place.
- Central Government launches High Price Day Ahead Market and Surplus Power Portal (PUShP) to ensure greater availability of power during peak season.
- RBI has recognized IREDA as an Infrastructure Finance Company (IFC) which will allow them to access a wider investor base for fund mobilization and take higher exposure in Renewable Energy financing. This will increase the investors’ confidence, enhance the brand value, and generate positive outlook in the market.
- 27,000 circuit kms. of transmission lines to be added at an investment of INR 75,000 cr by 2024-25.
- The Union Cabinet chaired by the Prime Minister has given its approval to introduce the Production-Linked Incentive (PLI) Scheme in High-Efficiency Solar PV Modules for Enhancing India’s Manufacturing Capabilities and Enhancing Exports – Atmanirbhar Bharat with financial Outlay of INR 4,500 crore.
- Ministry of New and Renewable Energy notified the ‘Renewable Energy Research and Technology Development Programme’ for promotion of indigenous technology development for wide spread deployment of new and renewable energy, including ocean energy, in an efficient and cost-effective manner across India.
- Total of 89.45 MW capacity has been installed under Component-A and around 2.09 lakh pumps have been reported solarized under Component-B and Component-C as on 28.02.2023 under PM-KUSUM Scheme.
Few Glimpses of Last Edition
