The Ministry of New and Renewable Energy (MNRE), Government of India, is all set to host the 4th Global Renewable Energy Investment Meet & Expo (RE-INVEST 2024) from September 16 to 18 at Mahatma Mandir, Gandhinagar, Gujarat. Union Minister for New and Renewable Energy, Pralhad Joshi, announced the event while addressing the media in Gandhinagar.
The three-day event will be inaugurated by Prime Minister Narendra Modi on September 16, with the valedictory session chaired by Vice President of India, Jagdeep Dhankar. RE-INVEST 2024 aims to showcase India’s remarkable progress in the renewable energy sector and attract global investments to accelerate growth in green energy projects.
Union Minister Joshi highlighted that RE-INVEST 2024 aligns with the Prime Minister’s vision of “Panchamrit” and the country’s goal to install 500 GW of non-fossil energy capacity by 2030. The event will bring together a diverse range of stakeholders, including policymakers, industry leaders, financial institutions, and global investors, to drive forward India’s renewable energy transition.
Several international delegations, including those from Australia, Denmark, Germany, and Norway—partner countries for the event—are expected to participate, with Germany and Denmark represented by their respective ministers. Other countries like the USA, UK, Belgium, European Union, Singapore, Hong Kong, Oman, and UAE will also send delegations.
On the domestic front, partner states Andhra Pradesh, Gujarat, Madhya Pradesh, Telangana, Rajasthan, Karnataka, and Uttar Pradesh will showcase their renewable energy plans and commitments through “Shapath-Patra,” pledging targets for expanding renewable energy capacity. Financial institutions and developers will also present their funding commitments and investment strategies for the sector.
The event will feature a two-and-a-half-day conference, focusing on key topics such as innovative financing for renewable energy, green hydrogen, and future energy solutions. With over 10,000 delegates expected, the conference will host 44 sessions, including a Chief Ministerial Plenary, CEO Roundtable, and various country and technical discussions.
Special sessions will include discussions on women leadership in accelerating the energy transition and opportunities for startups in the renewable energy space. The “Solar X Challenge” will see 10 innovative startups pitch for investments.
An expansive exhibition featuring contributions from both the public and private sectors will run alongside the conference. State governments, including host state Gujarat, as well as startups and leading companies in the renewable energy sector, will display their innovations and solutions.
A multimedia quiz on renewable energy, launched in August 2024, will culminate with the final rounds during RE-INVEST 2024, providing an engaging platform for industry participants.
Since its first edition in 2015, RE-INVEST has become a cornerstone for promoting renewable energy investments in India. The previous editions in 2015, 2018, and 2020 attracted a large number of global participants, including international delegations. Each edition has been inaugurated by Prime Minister Narendra Modi.
India, currently ranked 4th globally in renewable energy installed capacity, continues to present attractive opportunities for investors. The country has introduced several policy initiatives, such as the Production Linked Incentive (PLI) scheme, 100% Foreign Direct Investment (FDI) under the automatic route, and various financial incentives for green hydrogen, solar energy, and wind projects.
