The 8th edition of the Energy Conservation Week in India (IESW) 2022 is attended by over 20 nations and more than 1,000 delegates from 2 to 6 May in Pragati Maidan & Hotel Lalit, New Delhi.
With the support of NITI Aayog, Ministry of Road Transport and Highways, Ministry of Heavy Industry, Ministry of Chemicals and Petrochemicals and Ministry of Energy, Ministry of New and Renewable Energy, the main guest of the event was Nitin Gadkari, Minister of Road Transport and Highways (month) . The future roadmap of India was discussed with other high-ranking officials on the second successful day of the event.
Sri Nitin Gadkari added: “Cars will be a vital industry in the coming years, and battery technology will be in high demand by 2030, strengthening the Make in India initiative. We need storage to store renewable energy in a rechargeable battery. India ESW is an excellent forum for all decision makers to discuss India’s future potential.
Dr Rahul Valavalkar, President of IESA India, explained how India has emerged as a world leader in the green hydrogen and e-mobility sectors in recent years. He spoke about the need for appropriate norms and regulations for e-mobility. He added: “IESW has a role to play in bringing together stakeholders and politicians from around the world on a platform to discuss all aspects of green hydrogen and e-mobility and strategies – the roadmap for India’s future.
The event maintains its momentum by holding e-mobility seminars, including a buyer-seller meeting and a round table of the founders of 4you Maybe; seminars on stationary storage of 5you May and sessions of green hydrogen on 6you Maybe.
On May 2, several technical tours of the BESS DT project of BRPL, the SCADA Control Center, the Nexcharge – Tata Power Grid Connected Community Energy Storage project, the EV charging station pilot project with load balancing in BYPL and the Platform for Battery Power Storage (ESPOB) from DST-IIT Delhi.
With various diving workshops revolving around energy storage, the industry is projected to grow with a CAGR of around 24 percent. With a forecast of 36% combined annual growth rate (CAGR)% of the EV industry in India, by 2026, the CAGR in the battery market is also expected to increase by 30%.