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					</table><p>Mercom India is hosting the ‘<a href="https://www.mercomindia.com/event/c-and-i-clean-energy-meet-2025-mumbai">C&amp;I Clean Energy Meet</a>’ for the fourth year in Mumbai on April 17, 2025. The one-day event will be held at Ramada by Wyndham Navi Mumbai, and registrations will begin at 9:30 am.</p>
<p>Mercom aims to bring together some of India’s renowned renewable energy experts and consumers seeking optimal solutions to purchase low-cost, reliable, and clean power under one roof.</p>
<p>The first session, titled “Harnessing the Green Route to Reducing Electricity Bills,” will commence at 10:45 am and feature speakers Animesh Jain, Regional Head—West, <a href="https://www.adanisolar.com/" target="_blank" rel="noopener">Adani Solar</a>, Rounak Muthiyan, Managing Director, <a href="https://kalpapower.com/" target="_blank" rel="noopener">Kalpa Power</a>, and Vikash Kumar Upadhyay, VP Sales, <a href="https://swelectes.com/" target="_blank" rel="noopener">Swelect Energy Systems.</a></p>
<p><a href="https://kalpapower.com/" target="_blank" rel="noopener">Kalpa Power</a> will present a case study after this session explaining how to procure power through innovative long-term plans at competitive prices along with real-life use cases.</p>
<p>The second session, scheduled at noon, is on “<strong>Clean Power Purchase: Switching to Renewable Energy and Optimizing Savings</strong>.” It will be followed by a presentation of a case study from <a href="https://enrichenergy.com/" target="_blank" rel="noopener">Enrich Energy</a>.</p>
<p>The third and final session, discussing “<strong>Attractive Financing Options &#8211; Easy and Affordable Green Loans</strong>,” will feature Abhay Dixit, Vice President &#8211; Business Development, <a href="https://www.siemens.com/in/en.html" target="_blank" rel="noopener">Siemens</a> Financial Services, Vikas Agarwal, Co-founder and CBO <a href="https://creditfair.in/" target="_blank" rel="noopener">Credit Fair</a>, and Vijay Nar, AGM, <a href="https://www.sidbi.in/en/" target="_blank" rel="noopener">SIDBI</a> as speakers.</p>
<p>All the speakers will be available to answer questions after the sessions.</p>
<p>Mumbai, India’s financial capital, hosts some of the largest corporations in the country and numerous small and medium-sized enterprises. The city has a wide range of specialized manufacturing industries, and regardless of segment and size, companies can save considerably on electricity costs by adopting clean energy.</p>
<p>Solar and energy storage systems offer long-term financial benefits, energy security, and protection against blackouts and brownouts, which can positively impact business performance.</p>
<p>The meeting will benefit C&amp;I businesses with large power capacities that aim to reduce their power costs. Lenders, investors, facility and project managers, engineers, procurement managers, and C-level executives of C&amp;I businesses will find the event helpful.</p>
<p>The meeting will also benefit consumers looking for low-cost and reliable clean power and interested in learning about the energy market’s evolution across the country.</p>
<p>Mercom’s C&amp;I Clean Energy Meet aims to provide a platform with knowledge and the tools to help C&amp;I buyers adopt clean energy. Solar solution providers, equipped with the technology and financial mechanisms, will be present to assist C&amp;I consumers transition to clean energy.</p>
<p>You can read the detailed agenda <a href="https://www.mercomindia.com/event/c-and-i-clean-energy-meet-2025-mumbai/agenda" target="_blank" rel="noopener">here</a>. Interested entities can register for the event by writing to <a href="mailto:nived@mercomindia.com" target="_blank" rel="noopener">events@mercomindia.com. </a></p>


Mercom to Host C&I Clean Energy Meet in Mumbai on April 17


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					</table><p>The world must add or replace 80 million kilometers of electricity grids by 2040 which are equal to all grids globally today to meet national climate targets and support energy security,  the International Energy Agency (<a href="https://www.iea.org/" target="_blank" rel="noopener">IEA</a>) said in a report.</p>
<p>The IEA’s Electricity Grids and Secure Energy Transitions report warned that unless policymakers and companies take swift action to improve and expand the world’s electricity grids,  efforts to tackle climate change and reliable supply of electricity could be put at risk.</p>
<p>The IEA’s first-of-its-kind stocktake of grids worldwide found that they are lagging behind compared to the growth rate of key clean energy technologies such as solar, wind, electric cars and heat pumps.</p>
<p>Unless there is greater policy attention and investment, these shortfalls regarding the reach and quality of grid infrastructure could make it difficult to achieve the goal of limiting global warming to 1.5 °C.</p>
<p>The report recommends doubling the currently stagnated investments to more than $600 billion annually by 2030, while also making major changes in grid operation and regulation.</p>
<p>‘<a href="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/10/average-annual-turnover-by-region.png"><img loading="lazy" decoding="async" class="aligncenter wp-image-59586 size-full" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/10/average-annual-turnover-by-region.png" alt="average annual turnover by region" width="730" height="397" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/10/average-annual-turnover-by-region.png 730w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/10/average-annual-turnover-by-region-300x163.png 300w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/10/average-annual-turnover-by-region-650x353.png 650w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/10/average-annual-turnover-by-region-624x339.png 624w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/10/average-annual-turnover-by-region-600x326.png 600w" sizes="(max-width: 730px) 100vw, 730px" /></a></p>
<p><strong>Interconnection queues</strong></p>
<p>The report pointed out that 1,500 GW capacity of renewable projects at advanced stages of development are waiting grid connection. This is five times the amount of solar PV and wind capacity that was added worldwide last year.</p>
<p style="text-align: center;"><a href="https://cms.mercomindia.com/?attachment_id=59589"><img loading="lazy" decoding="async" class="aligncenter wp-image-59589 size-full" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/10/Capacity-of-renewable-energy-projects-in-connection-queues-selected-countries-by-.png" alt="Capacity of renewable energy projects in connection queues, selected countries by" width="748" height="382" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/10/Capacity-of-renewable-energy-projects-in-connection-queues-selected-countries-by-.png 748w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/10/Capacity-of-renewable-energy-projects-in-connection-queues-selected-countries-by--300x153.png 300w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/10/Capacity-of-renewable-energy-projects-in-connection-queues-selected-countries-by--650x332.png 650w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/10/Capacity-of-renewable-energy-projects-in-connection-queues-selected-countries-by--624x319.png 624w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/10/Capacity-of-renewable-energy-projects-in-connection-queues-selected-countries-by--600x306.png 600w" sizes="(max-width: 748px) 100vw, 748px" /></a>Source: IEA</p>
<p>“The recent clean energy progress we have seen in many countries is unprecedented and cause for optimism, but it could be put in jeopardy if governments and businesses do not come together to ensure the world’s electricity grids are ready for the new global energy economy that is rapidly emerging,” said IEA Executive Director Fatih Birol.</p>
<p>For instance, in the United States alone, over 2 TW of generation and storage were <a href="https://www.mercomindia.com/eases-connecting-renewable-projects-grid" target="_blank" rel="noopener">waiting</a> in line for interconnection at the end of 2022, according to the Federal Energy Regulatory Commission.</p>
<p>The grid congestion has also increasingly concerned system operators and policy makers, as electricity transfer capacity is not enough to transmit all available power from one point on the grid to another.</p>
<p>In advanced economies, electricity grids tend to be older, with infrastructure that has sometimes been operational for 50 years or more, mainly due to early electrification. However, there is a growing need to modernize this ageing infrastructure to enhance efficiency and reliability, and accommodate new energy resources. In total, only around 23% of the grid infrastructure in advanced economies is less than 10 years old, and more than 50% is more than 20 years old. In contrast, emerging market and development economies have newer grids with about 40% of their total grid infrastructure being less than 10 years old.</p>
<p>In September, Europe’s power industry <a href="https://www.mercomindia.com/europes-power-sector-calls-for-ramping-up-aging-grid-infrastructure" target="_blank" rel="noopener">called</a> for ramping up investments in aging grid infrastructure by 84% every year until 2050.</p>
<p>The need for decisive action is urgent because of the long lead times for modernizing and extending grids. New grid infrastructure often takes 5 to 15 years to plan, permit and complete – compared with 1 to 5 years for new renewables projects and less than 2 years for new charging infrastructure for electric vehicles, the IEA report said.</p>


Electricity Grids Failing to Keep Pace with Renewable Energy Growth: IEA

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