SEPTEMBER 2024 Vol II Issue IX
Email: info@industrialoutlook.in Visit us: www.industrialoutlook.in Pages 112 TITLE CODE MAHENG14679 ₹ 200/-
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Enhancing power quality for
stronger electrical networks
Hitachi Energy’s comprehensive power quality portfolio improves grid reliability and availability, enables
optimization of operating costs and ensures grid code compliance. Good power quality is key to reliable
integration of renewables in the grid and enhanced energy efficiency leading to lower CO2 emissions,
thereby advancing a sustainable energy future for all.
www.hitachienergy.com/powerquality
Long-standing, diverse experience
Wide range of products and solutions
Novasys Greenergy Private Limited
Novasys
Greenergy
Pvt.
Ltd.
is
a
pioneering
solar
panel
manufacturer, delivering top-quality, high-efficiency solar modules
for residential, commercial, and industrial applications. With a focus
on innovation and sustainability, Novasys has experienced rapid
growth and industry recognition. The company's manufacturing
processes ensure products that meet global standards, while its
commitment to customer satisfaction sets it apart. Novasys’ mission
is to drive the widespread adoption of renewable energy, reducing
carbon footprints and promoting energy independence. Its vision is
to create a greener, more sustainable world. Novasys is shaping the
future of energy.
+91 74000 83000
info@novasysgreen.com
www.novasysgreen.com
Head Office & Work Address:
Kh. no. 185, Mahalgaon, Kamptee, Nagpur, Maharashtra, India - 441202
Novasys Greenergy Pvt. Ltd.
CONTENTS
NEWS
•
REC Signs MoUs with Renewable Energy Firms ........... 14
•
Suzlon targets 4.5 GW turbine making ........................... 14
•
Jindal India Renewable Energy Enters ............................ 16
•
Sunsure Energy Teams Up with REC for Green .............. 16
•
Epic Energy Ltd to Develop 35 MWp Solar .................... 18
•
Tata Power Solar Installs Rooftop Solar .......................... 18
•
Japan's Sumitomo Partners with Ampin .......................... 20
•
Tangedco Achieves New Solar Power Generation .......... 20
22
33
33
34
34
32
COVER STORY
QUOTE
QUOTE
QUOTE
QUOTE
QUOTE
India’s Progress Towards its 2030
Renewable Energy Targets: A
Comprehensive Overview
MAXSON LEWIS
Founder & CEO
Magenta Mobility
RAJESH GUPTA
Founder & Director
Recyclekaro
SACHIN MANGAL
Co-Founder
Solartrade
GYANESH CHAUDHARY
Chairman & Managing Director
Vikram Solar
HARRY BAJAJ
CEO
Mobec
35
QUOTE
RAJAN BHARDWAJ
Director
mPower Green Energy Pvt. Ltd.
36
INTERACTION
VARUN RAJ
Regional Sales Head - North India
GoodWe Technologies Co., Ltd
46
INTERACTION
VIKAS JAIN
Managing Director
Insolation Energy Limited
38
INTERACTION
SHAKTI DUBEY
Director
Icon Solar-En Power Technologies
Pvt. Ltd.
40
INTERACTION
SUNESH MENON
Technical Manager India
ShenZhen Growatt New Energy Co.,
Ltd.
42
INTERACTION
JULIAN THOMAS
Senior Project Director – Renewable Energy &
Battery Portfolio
Informa Markets India Pvt. Ltd.
44
INTERACTION
MANISH DABKARA
Chairman and Managing Director
EKI Energy Services Ltd.
45
INTERACTION
ABHISHEK SINGH
Managing Director
Solera Technologies Pvt. Ltd.
CONTENTS
64
INTERACTION
DEEPAK PANDEY
Founder, MD
INVERGY
50
INTERACTION
CHIRAG NAKRANI
Founder & Managing Director
Rayzon Solar
66
INTERACTION
SIMARPREET SINGH
Group Executive Director & CEO
Hartek Group
72
INTERACTION
ABHINAV SHARMA
Head of Sales & Business Development
(India, SEA, East Africa)
Power & Sun Solar Systems Pvt. Ltd.
60
INTERACTION
DEENATHAYALAN KG
CMO
Fuji Electric India
53
INTERACTION
ASHOK KUMAR SINGH
President - Solar Business
Novasys Greenergy Pvt. Ltd.
62
INTERACTION
V V KAMATH
Managing Director
Fronius India Pvt. Ltd.
68
INTERACTION
VIPUL JAMBUCHA
Director - Projects & Cranes
Opera Energy Private Limited
73
INTERACTION
ANIL GUPTA
Managing Director Chartered Engineer(I)
B-Solar Consultant & Engineer Pvt Ltd
58
INTERACTION
SUNIL TIKU
India Country Manager
SOFAR India
70
INTERACTION
GAZALA KHAN
Sales Co-ordinator - India
SHIVANI BORTHAKUR
Manager - Product & Solutions
Ningbo Deye Inverter Technology Co., Ltd.
59
INTERACTION
PRASHANT MATHUR
Chief Executive OfÏcer
Saatvik Solar
52
INTERACTION
SUNAYAN BORAH
General Manager
Citizen Solar Pvt. Ltd.
54
INTERACTION
XAVIER SCARIA
Sr. VP- Sales & Marketing
FIMER India Private Limited
Bioenergy and Its Potential in Reducing .............................. 80
The Future of Mobility: A Path Towards .............................. 86
Innovative Two-Axis Solar Tracker from Asun ................... 88
Solar cell manufacturing in India is ..................................... 90
BPE Opens 20,000 Sq. Ft. Factory in ................................... 92
The H2-StarFire : Game-Changer Fuelled .......................... 94
E-KORS Group Pioneering Excellence ................................ 96
OMRON Automation introduces high-speed ........................ 98
Jakson Engineers to Invest Rs 2,000 crore .......................... 100
Socomec India Unveils Compact Automatic ...................... 102
Variant reduction in the control cabinet .............................. 103
WIKA India Recognised As “Sustainability ....................... 104
Gautam Solar forays into solar cell ..................................... 105
Vedanta Aluminium Unveils Two New Products ................ 106
GUEST ARTICLE
PRESS RELEASE
Dear Folks,
India's renewable energy sector has witnessed remarkable growth, positioning the country as
a global leader in clean energy transition. With ambitious targets set to achieve 500 GW of
non-fossil fuel energy by 2030, the solar industry plays a pivotal role in this transformation.
Government initiatives such as the National Solar Mission and the KUSUM scheme have
spurred investments and innovation, making solar power the largest contributor to India's
renewable energy mix.
In recent years, decentralized solar solutions, including rooftop systems and solar pumps,
have gained significant traction. These technologies not only reduce dependency on
conventional power sources but also empower rural communities by providing sustainable
energy solutions. Large-scale solar parks are being developed across the country, driving
India's progress toward its renewable energy goals.
Despite the achievements, challenges like land acquisition, financing, and integration with
the grid remain. However, with continuous policy support, India’s solar and renewable
energy industries are poised for exponential growth, contributing to energy security and
environmental sustainability.
To explore the latest innovations, technologies, and trends in renewable energy, attend the
Renewable Energy India Expo (REI), from October 3-5, 2024. This event is a must for
industry stakeholders, offering invaluable networking opportunities and insights into the
future of clean energy in India.
“We extend our heartfelt thanks to our readers for their unwavering support and engagement with
our magazine. Your continued trust inspires us to bring you the latest insights and trends in the
renewable energy and solar sectors.”
Enjoy reading…
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Roopal Chaurasia