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#REINVEST2020 Programme: Session Details


Friday, 27 Nov, 2020 1130 - 1300 IST Virtual Session Coordinators

Solar Power: The Future of Solar Energy

Mr Amitesh Kumar Sinha, Joint Secretary
amitesh.ks@gov.in
Ms Bincy Alex
bincy.alex@cii.in

Solar energy has come a long way in the last decade. Back in 2010, the global market was small and countries like Germany and Italy were highly dependent on subsidies, however the situation has now changed. 2020 is expected to witness installed capacity of solar power of more than 115 gigawatts (GW across the world, which may increase to 3000 GW to 5000 GW by 2030. By that time, India will also have an installed capacity of 300 GW. In the coming years, technology improvements will ensure that solar becomes even more cheaper, having a positive impact on the environment and climate change. 

Going forward, the solar industry has very clear cost-reduction roadmaps, which should see solar costs becoming half by 2030. Various new and cutting-edge technologies, such as bifacial, heterojunction, tandem cells in different forms, perovskite, direct wafer etc. are under development aiming for higher-efficiency and low cost modules. Low cost of solar will also expedite the growth and uses of hydrogen technologies in grid-balancing, by industry and in the transportation sector. In future, solar energy will also drive electric vehicles and solar powered charging infrastructure. The key challenge will be to fully integrate solar into our homes, businesses and power systems by using more and more energy storage in all possible forms, such as battery, pump storage, fuel cells etc. Further, decentralized Solar PV in the form of roof top, Agro-PV and off-Grid installations will bring the technical and commercial benefits of generating electricity close to the point of consumption. 

This session will deliberate upon highlighting innovations and advancements in solar energy technology and its equitable adoption for empowering a sustainable future.

Amitabh Kant

Amitabh Kant

CEO
NITI Aayog

Amit Jain

Amit Jain

Senior Energy Specialist
World Bank

Chetan Singh Solanki

Chetan Singh Solanki

Professor
IIT Bombay

Eicke R. Weber

Eicke R. Weber

President
European Solar Manufacturing Council (ESMC)

Gauri Singh

Gauri Singh

Deputy Director-General
International Renewable Energy Agency

JATINDRANATH SWAIN

JATINDRANATH SWAIN

CMD
SECI/ MNRE

Manu Srivastava

Manu Srivastava

Principal Secretary
Government of Madhya Pradesh

PRAVEER SINHA

PRAVEER SINHA

CEO & MD
THE TATA POWER COMPANY LTD

Sanjay Nagrare

Sanjay Nagrare

Head-Business Development, Sales & Commercial (RE)
Sembcorp Energy India

Sumant Sinha

Sumant Sinha

Chairman & MD
ReNew Power Pvt Ltd