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GERMAN-INDIAN SOLAR PARTNERSHIP ACCELERATES INDIA’S EXPANSION PLANS

Intersolar India
Mumbai, November 18–20, 2015

GERMAN-INDIAN SOLAR PARTNERSHIP ACCELERATES INDIA’S EXPANSION PLANS
In the run up to Intersolar India, the new German-Indian solar partnership stimulates the plans of the government and industry

Mumbai/Pforzheim/Freiburg, 22. October 2015: The Indian government is considering a further expansion of its already ambitious energy goals: plans are currently in place for an additional 100 GW (gigawatts) of photovoltaic output by 2022. It is expected that photovoltaic systems with a total output of approximately 2.5 GW will be newly installed this year. That is twice as much compared to 2014. An additional 4-6 GW is expected for 2016. This would put India in fourth place on the list of top solar markets worldwide. The ambitious goals of the Indian Prime Minister Narendra Modi gained additional relevance after the recent visit of a high-level delegation of the German Federal Chancellor Angela Merkel to India. During this visit, a German-Indian solar partnership was set up, in which it is stated that India will receive up to one billion euro from Germany for the PV expansion. German companies in India should also benefit from this.

From 4 to 6 October 2015, the German delegation accompanying Angela Merkel visited Delhi and Bangalore on the occasion of the third German-Indian intergovernmental consultations. The general subject of the visit was the future energy supply on the subcontinent. During the visit, a total of 18 declarations were signed which ensure India the support of more than two billion euro for the expansion of renewable energy– with one billion of this earmarked for the further expansion of solar power. A large part of the funds is to be provided within the framework of low-interest loans.

This also provides a positive environment for the Intersolar India 2015, which will take place from 18 November in Mumbai, in the heart of Maharashtra. This year, the largest Indian exhibition for the solar industry has been fully booked with 200 exhibitors from all over the world. 9,500 visitors are expected.

Conference programme reflects growth plans
India still has some challenges ahead with regard to tackling this growth. For instance, India currently still lacks capacities for the production of PV modules, and lacks national and international investors. The Intersolar India 2015 unites international organizations, investors and political representatives in order to work on tackling upcoming tasks together. This will also be underlined by the Intersolar India Conference, which will be held during the exhibition from 18 to 20 November.

The keynote speaker of the conference is Professor Dr. Eicke R. Weber, Head of the Fraunhofer Instituts für Solare Energiesysteme (German institute for solar energy systems, ISE). His subject: “The Role of Solar Energy in our Future, Renewables-Based Energy System”. In the course of the conference, there are also other subjects on the program that target the growth goals of the government directly, such as “Shifting Gear from MW to GW – India’s Emergence as a Dominating Global PV Market” or “India′s PV Market: Driving A New Momentum” – both on 18 November. Other sessions, for instance on 19 November, target project-related subjects in a very practical way, such as “Project Development: What does it Take to Accomplish a Successful Project” or “Project Financing: Promising Prospects in the Indian Context”.

Further information is available at www.intersolar.in

About Intersolar
With events spanning four continents, Intersolar is the world’s leading exhibition series for the solar industry and its partners. It unites people and companies from around the world with the aim of increasing the share of solar power in our energy supply.

Intersolar India is the country’s largest exhibition and conference for the solar industry. It takes place annually at the Bombay Exhibition Centre (BEC) in Mumbai.

The event’s exhibition and conference both focus on the areas of photovoltaics, PV production technologies, energy storage systems and solar thermal technologies. Since being founded, Intersolar has become the most important industry platform for manufacturers, suppliers, distributors, service providers and partners in the global solar industry.

In 2014, 160 international exhibitors and around 9,000 visitors attended Intersolar India. 100 distinguished speakers and 500 attendees discussed current industry topics and shed light on the conditions surrounding technological, market and political developments at the accompanying conference.

With over 20 years of experience, Intersolar has the unique ability to bring together members of the solar industry from across the world’s most influential markets. Intersolar exhibitions and conferences are held in Munich, San Francisco, Mumbai, Beijing and São Paulo. These global events are complemented by the Intersolar Summits, which take place in emerging and growing markets worldwide.

For more information on Intersolar India, please visit: www.intersolar.in
Organizers: The event’s local organizer is MMI India Pvt. Ltd and its international contacts are Solar Promotion International GmbH, Pforzheim, and Freiburg Management and Marketing International GmbH (FMMI). The event’s local organizer is CIEC Overseas Exhibition Co., Ltd and its international contacts are Solar Promotion International GmbH, Pforzheim

Contact
In India: Mr. Brijesh Nair, MMI India Pvt. Ltd.,
Tel.: +91 22 4255 4707, brijesh.nair@mmi-india.in

Outside India: Ms. Kristin A. Steffen, Solar Promotion International GmbH,
Tel.: +49 7231 58598-212, steffen@intersolar.in

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