Innovating for Earth - 3rd Global RE-InvestGlobal RE-INVEST India-ISA Partnership Renewable Energy...

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6 RE-INVEST NEWS 2018 Two MOU’s (Memorandum of Understanding), including one between the French Agency for Development and Solar Energy Corporation of India on innovation in Solar Energy and another between the French Commission for Atomic and Alternative energies (CEA) – Bollore’ Blue Solutions, and Solar Energy Corporation of India (SECI) on storage, grid management and e-mobility along with a Joint Announcement of Demand Aggregation Pilots was made between India and USA at the Country sessions of France and USA at the 2nd Global RE-INVEST India-ISA Partnership Renewable Energy Investors’ Meet & Expo. Welcoming the vibrant energy sector of France and USA, Anand Kumar, Secretary, Ministry of New and Renewable Energy, said, A t a time when climate change is outpacing the economic growth of the world, innovations and new technologies are playing a vital role in the efforts made by developing as well as developed nations towards making the planet a better place for the future generations. The world at the moment needs not only smart efforts, but also smart technologies and new innovations to counter the humongous monster of climate change. In an attempt to go green, Indo-French organisation Navalt had in 2017 came up with a solar- powered ferry called “Aditya” to carry 70 passengers at a time. Aditya, which operates within Kerala, covers up to 3km distance in a single trip. The company is coming up with many more such ferries within months, which operate on solar energy, in its efforts to make the environment eco-friendly. Many other organisations have rapidly been investing in new cleaner and greener technologies in various fields such as solar, wind, biomass etc. Another initiative by Power Portal has made it easy to install and transport solar panels at home which are affordable and easy to move from one place to another. A portable laboratory bus by JBM is also a boon in the field of research and development of renewable energy resources. The bus acts as a portable laboratory to test and research upon various technologies that are in initial stages of development. Raising the bar a notch higher in the field of wind energy, Suzlon ranks at first spot as the largest wind turbine generator in India and also built the country’s first operational offshore Met station. Not only in the field of Solar and Wind, India has also made its mark in the field of waste management systems. JITF Ecopolis, an integrated waste management company, has established leadership position in solid waste management and waste to energy initiatives to address the issue of waste products and producing electricity through solid waste. The subsidiary of Jindal Saw Ltd. is the driving force behind development of sustainable infrastructure of global standards and best practices, and provides complete municipal solid waste management solutions, including generation of up-to 16 MW of renewable power at Okhla in Delhi. Not only the commercial sector, but also educational institutions are leading in developing cleaner and affordable technologies for a better future. The Indian Institute of Technology in Mumbai (IIT- Mumbai) has come up with a solar pump that will not only be cheaper in cost for farmers but also better than the conventional solar pumps in terms of producing energy. The pump operates on photovoltaic cells that directly convert energy into direct current used in motors. Such ideas and initiatives are the need of the hour as they play a huge role in combating climate change and providing a better planet for all. Even as the world is developing economically, one-fifth of the humanity does not have access to electricity. This can be changed by adopting smart technologies and new innovations to make our planet a livable place for the future generations Innovating for Earth THE WORLD AT THE MOMENT NEEDS NOT ONLY SMART EFFORTS, BUT ALSO SMART TECHNOLOGIES AND NEW INNOVATIONS TO COUNTER THE HUMONGOUS MONSTER OF CLIMATE CHANGE. IN AN ATTEMPT TO GO GREEN, INDO-FRENCH ORGANISATION NAVALT HAD IN 2017 CAME UP WITH A SOLAR- POWERED FERRY CALLED “ADITYA” TO CARRY 70 PASSENGERS AT A TIME Big Renewable Push from USA & France As the world feels the impact of climate change, the need for using renewable energy to fulfill our energy needs has never been clearer. At REINVEST 2018, France and US have agreed to work along with India to develop and implement modern technologies that the world needs Country Session, Brune Poirson, Minister of State for Ecological and Inclusive Transition, said, “President Macron and PM Modi are deeply involved in issues related to climate and together they launched the ISA. This is the time for political action, political signal and for companies to act and find solutions. We have the vision, we know where we want to take our country and our citizens i.e.we want to fight climate change.” Lauding the renewable energy growth in India, she said, “The goal to generate 40% non-fossil energy by 2030 and 175 GW of renewable energy, including 100 GW of solar energy, by 2022, is impressive. I often refer to India, for renewable energy, which grew by 81 percent in three years, from 2015 to 2018. ISA is a collaboration of India and France, where together we can collaborate and help other continents, for instance Africa.” Isabella Detwiler, Deputy Minister Counselor, US Embassy in Delhi, said, “About $76 billion investment is required to fulfill India’s vision 2022, public funds alone will not be enough. Innovative private capital is required to turn Prime Minister Modi’s dream, into reality. In collaboration with the US-India Strategic Partnership Forum, the Task Force has three goals for the same -- supporting the standardisation of clean energy, establishing a payment security mechanism for faster payments in the renewable energy sector and fostering diversification of solar panels. We want to leverage the private Indo-US collaborations in clean energy.” Witnessing the country sessions were industry experts and sector players like Ajay Mathur, TERI, Renji Kumar, President, Indian Smart Grid Forum, Phillippe Malbranche, Director General, CEA-INES (French Commission for Atomic and Alternative Energies- French Solar Energy Research Institute), Francisco da Silva Passos, Project Manager, Bollore’ Blue Solutions and Bhupesh Arora, Director Solar, Schneider Electric. “The Indo-French and Indo-US collaboration and cooperation has stood the test of times and grown stronger. The testimony of the Indo-French collaboration is nothing less than ISA, which was launched by Indian PM and French President on the sidelines of CoP 21. India is a huge market for renewables, the companies all across can come and invest. We invite French and American companies to invest in India and grow with us.” The secretary believes the capacity addition would give immense growth opportunity to domestic renewable energy. Addressing the attendees at the France

Transcript of Innovating for Earth - 3rd Global RE-InvestGlobal RE-INVEST India-ISA Partnership Renewable Energy...

Page 1: Innovating for Earth - 3rd Global RE-InvestGlobal RE-INVEST India-ISA Partnership Renewable Energy Investors Meet & Expo on October 3. Moderated by Steve Sawyer, Secretary General,

6 RE-INVEST NEWS 2018

Two MOU’s (Memorandum of Understanding), including one between the French Agency for Development and Solar Energy Corporation of India on innovation in Solar Energy and another between the French Commission for Atomic and Alternative energies (CEA) – Bollore’ Blue Solutions, and Solar Energy Corporation of India (SECI) on storage, grid management and e-mobility along with a Joint Announcement of Demand Aggregation Pilots was made between India and USA at the Country sessions of France and USA at the 2nd Global RE-INVEST India-ISA Partnership Renewable Energy Investors’ Meet & Expo.

Welcoming the vibrant energy sector of France and USA, Anand Kumar, Secretary, Ministry of New and Renewable Energy, said,

At a time when climate change is outpacing the economic growth of the world, innovations and

new technologies are playing a vital role in the efforts made by developing as well as developed nations towards making the planet a better place for the future generations.

The world at the moment needs not only smart efforts, but also smart technologies and new innovations to counter the humongous monster of climate change. In an attempt to go green, Indo-French organisation Navalt had in 2017 came up with a solar-powered ferry called “Aditya” to carry 70 passengers at a time.

Aditya, which operates within Kerala, covers up to 3km distance in a single trip. The company is coming up with many more such ferries within months, which operate on solar energy, in its efforts to make the environment eco-friendly.

Many other organisations have rapidly been investing in new cleaner and greener technologies in various fields such as solar, wind, biomass etc.

Another initiative by Power Portal has made it easy to install and transport solar panels at home which are affordable and easy to move from one place to another.

A portable laboratory bus by JBM is also a boon in the field

of research and development of renewable energy resources.

The bus acts as a portable laboratory to test and research upon various technologies that are in initial stages of development.

Raising the bar a notch higher in the field of wind energy, Suzlon ranks at first spot as the largest wind turbine generator in India and also built the country’s first operational offshore Met station.

Not only in the field of Solar and Wind, India has also made its mark in the field of waste management systems.

JITF Ecopolis, an integrated waste management company, has established leadership position in solid waste management and waste to energy initiatives to address the issue of waste products and producing electricity through solid waste.

The subsidiary of Jindal Saw Ltd. is the driving force behind development of sustainable infrastructure of global standards and best practices, and provides complete municipal solid waste management solutions, including generation of up-to 16 MW of renewable power at Okhla in Delhi.

Not only the commercial sector, but also educational institutions are leading in developing cleaner and affordable technologies for a better future.

The Indian Institute of Technology in Mumbai (IIT-Mumbai) has come up with a solar pump that will not only be cheaper in cost for farmers but also better than the conventional solar pumps in terms of producing energy.

The pump operates on photovoltaic cells that directly convert energy into direct current used in motors.

Such ideas and initiatives are the need of the hour as they play a huge role in combating climate change and providing a better planet for all.

Even as the world is developing economically, one-fifth of the humanity does not have access to electricity. This can be changed by adopting smart technologies and new innovations to make our planet a livable place for the future generations

Innovating for Earth

THE WORLD AT THE MOMENT NEEDS NOT ONLY SMART EFFORTS, BUT ALSO SMART TECHNOLOGIES AND NEW INNOVATIONS TO COUNTER THE HUMONGOUS MONSTER OF CLIMATE CHANGE. IN AN ATTEMPT TO GO GREEN, INDO-FRENCH ORGANISATION NAVALT HAD IN 2017 CAME UP WITH A SOLAR-POWERED FERRY CALLED “ADITYA” TO CARRY 70 PASSENGERS AT A TIME

Big Renewable Push from USA & FranceAs the world feels the impact of climate change, the need for using renewable energy to fulfill our energy needs has never been clearer. At REINVEST 2018, France and US have agreed to work along with India to develop and implement modern technologies that the world needs

Country Session, Brune Poirson, Minister of State for Ecological and Inclusive Transition, said, “President Macron and PM Modi are deeply involved in issues related to climate and together they launched the ISA. This is the time for political action, political signal and for companies to act and find solutions. We have the vision, we know where we want to take our country and our citizens i.e.we want to fight climate change.”

Lauding the renewable energy growth in India, she said, “The goal to generate 40% non-fossil energy by 2030 and 175 GW of renewable energy, including 100 GW of solar energy, by 2022, is impressive. I often refer to India, for renewable energy, which grew by 81 percent in three years, from 2015 to 2018. ISA is a collaboration of India and France, where together we can collaborate and help other continents, for instance Africa.”

Isabella Detwiler, Deputy Minister Counselor, US Embassy in Delhi, said, “About $76 billion investment is required to fulfill India’s vision 2022, public funds alone will not be enough. Innovative private capital is required to turn Prime Minister Modi’s dream, into reality. In collaboration with the US-India Strategic Partnership Forum, the Task Force has three goals for the same -- supporting the standardisation of clean energy, establishing a payment security mechanism for faster payments in the renewable energy sector and fostering diversification of solar panels. We want to leverage the private Indo-US collaborations in clean energy.”

Witnessing the country sessions were industry experts and sector players like Ajay Mathur, TERI, Renji Kumar, President, Indian Smart Grid Forum, Phillippe Malbranche, Director General, CEA-INES (French Commission for Atomic and Alternative Energies- French Solar Energy Research Institute), Francisco da Silva Passos, Project Manager, Bollore’ Blue Solutions and Bhupesh Arora, Director Solar, Schneider Electric.

“The Indo-French and Indo-US collaboration and cooperation has stood the test of times and grown stronger. The testimony of the Indo-French collaboration is nothing less than ISA, which was launched by Indian PM and French President on the sidelines of CoP 21. India is a huge market for renewables, the

companies all across can come and invest. We invite French and American companies to invest in India and grow with us.”

The secretary believes the capacity addition would give immense growth opportunity to domestic renewable energy.

Addressing the attendees at the France

Page 2: Innovating for Earth - 3rd Global RE-InvestGlobal RE-INVEST India-ISA Partnership Renewable Energy Investors Meet & Expo on October 3. Moderated by Steve Sawyer, Secretary General,

RE-INVEST NEWS 2018 7

OFFSHORE WIND A BIG LEAP FOR INDIA

THE SESSION DEDICATED TO OFFSHORE WIND ENERGY SAW TOP GLOBAL EXPERTS TOUCH UPON KEY

The session entitled ‘A Leap Into Offshore’ was held at the 2nd Global RE-INVEST India-ISA Partnership Renewable Energy

Investors Meet & Expo on October 3. Moderated by Steve Sawyer, Secretary General, Global Wind Energy Council (GWEC), the session saw top global experts lauding India’s 30 GW offshore wind industry target by 2030.

Morten Dyrholm, Global Senior Vice President, Marketing, Public Affairs and Communication, Vestas said: “We should indeed applaud the Indian government to set the bar high. We are very optimistic but India needs a fresh approach because we cannot copy-paste the European example here.” Mr Morten Bæk, Vice Minister, Ministry of Energy, Utilities and Climate, Denmarktoo called India’s 30GW offshore target “an ambitious and impressive one.”

The National Institute of Wind Energy (NIWE) has called for ‘Expression of Interest’ for the first offshore wind energy project of India, a 1000 MW offshore wind energy project in Gulf of Khambat, off the coast of Gujarat.MNRE plans to install at least 5 GW of offshore wind capacity by 2022.

Raj Gopal, Principal Secretary-Energy

and Petrochemical Department, Government of Gujarat, urged everyone to look at the OFTO model. “The on-shore wind sites are getting saturated and the advantages of off-shore energy are evident. Developers need to collaborate and bring synergy. We also need to think of storage.”

Rajnish Sharma, Technology Director, Wind & Low Carbon Solutions,

Equinorshared “there is a lot of drive in corporate India combined with passion and yes-we-can-do mentality. However, it is also important to have a realistic timeline.”

Bhanu Pratap Yadav, Joint Secretary, MNRE remarked that India is moving cautiously, but firmly in the direction towards offshore winds.

Ulrik Stridbaek, VP, Head of Regulatory

Affairs, Ørsted Wind Power agreed saying: “The Indian government and policy makers are on the right path as they have set clear targets. The scenario is very promising. The clarity and transparency is helpful for us developers. Off shore wind power is the shooting star in the renewable energy sector and it is competing with conventional technologies and driving cost reduction.”

Building upon the success of RE-Invest 2015 by providing an international forum

to established players as well as new segments of investors and entrepreneurs to engage, ideate and innovate, the Day One at RE-INVEST 2018 saw seven country sessions and eight state sessions to showcase policy initiatives and achievements in renewable energy sector. These knowledge sessions were attended by ministerial delegations from across the world, including ISA

and IORA member countries.The conferences and meetings

helped stakeholders explore strategies for development and deployment of renewables. These knowledge sharing sessions served as a platform to showcase India’s clean energy market and the government’s efforts to scale up capacity to meet the national energy demand in socially, economically and ecologically sustainable ways. Over 600 global industry leaders and over 1,000 delegates attended these conferences.

SHARING KNOWLEDGE TO ENGAGE, IDEATE & INNOVATE

POINTS AS THEY LAUDED INDIA’S EFFORTS IN THIS SECTOR