The 6th Edition of South India’s largest Renewable Energy Expo, RenewX 2022 concluded in Hyderabad, which is emerging as the Clean Technology hub of the country.
India has set an ambitious target of meeting half of its energy needs, which is 500 GW, from renewable resources by 2030 and reach the net zero emission levels by 2070.
Curated on the theme, ‘Unlocking the Era to Net Zero Emissions’, the Expo stressed on the increase in the penetration of renewable energy adoption and geared up the stakeholders to progress towards sustainable development goals.
Speaking on the side-lines of the Expo, N. Janaiah, VC and Managing Director, Telangana State Renewable Energy Development Corporation Ltd, said, “TSREDCO is committed to help people set up rooftop panels, who will approach societies and educate consumers about the installation process, savings, and cost per month.
Cost comparisons will also be made with 3 to 4 consumers to arrive at optimum costing. Consumers have welcomed this initiative as it provides them with a one-stop shop advantage and will only have to pay the bill.”
Ajay Mishra, Director General – RESI and Former Special Chief Secretary, Telangana, said: “Today the cost of Hydrogen is about $5-6/unit, and as per the prediction of industry captains the cost of green hydrogen will come down to $1/Unit in the next 4-6 years, which will make it viable for the consumer.”