ENGIE India advocates for Clean Energy Future REI Expo 2023

ENGIE awarded 400 MW Solar Project

ENGIE, a prominent global player in low-carbon energy solutions, announces the successful culmination of its engagement in the Renewable Energy India Expo 2023 (REI Expo), spanning three days. This significant event, held from 4th October to 6th October, 2023, at the India Expo Mart in Greater Noida, the world’s largest trade show and conference dedicated to renewable energy.

As the VIP Lounge Partner, ENGIE showcased its cutting-edge advancements in renewable energy and energy efficiency. These innovations encompassed solar and wind energy technologies, as well as comprehensive energy management solutions. With a resolute commitment to expansion and progress within the Indian market, ENGIE India left a mark at this prestigious gathering.

Amit Jain, CEO & Country Manager- India, expressed his enthusiasm, stating, “We are thrilled to have participated in REI Expo 2023, where we shared our vision for a clean energy future. Our involvement provided an excellent platform to showcase our latest innovations and engage with fellow leaders in the renewable energy sector. Our potential lies in expediting the transition to a clean energy economy, aligning with the objectives discussed at the G20 Summit, which include addressing climate change, forging biofuel alliances, and promoting green financing.”

Cem Sakarya, Head- Finance, exuded confidence, remarking, “Participation in this event opens new avenues for ENGIE, enabling us to explore partnerships and investments that align with our mission for a sustainable future. ENGIE is eager to leverage these international efforts to expedite the development and deployment of green energy solutions.”

During the panel discussion focused on Corporate Decarbonisation, Naresh Baluja, Chief Commercial Officer, delivered notable insights as a distinguished speaker, highlighted an important shift towards customer-centric contracts that prioritize adaptability and future-proofing, aligning with evolving industry standards. He also underscored the increasing globalization of renewable energy contracts, with auctions assuming a central role. Consumer preferences now favour dealers committed to renewable energy, despite ongoing challenges in Investor-State Dispute Settlement (ISDS) projects. Mr. Baluja emphasized the crucial need for renewable energy leadership and transformative processes to address India’s substantial demand for renewable power. He identified three pivotal pillars of Corporate Decarbonisation: Energy Security, Sustainability, and Affordability, which will shape the future of sustainable corporate practices in India.

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