Innovation Summit on theme renewable energy in Hyderabad
Hyderabad: Governor Phil Murphy spoke at Sustainability Innovation Summit on theme renewable energy in Hyderabad, Telangana organized by the Indian Chamber of Commerce and Telangana's Energy Department. In his remarks the Governor focused on emergent energy challenges and opportunities in both states. 'perhaps focus on how both states are leaders in rooftop solar deployment. New Jersey is an early leader and Telangana recently ranking amongst the top two states in India for solar rooftop deployment readiness'
The event was attended by senior state energy officials from Telangana's energy department, the state's renewable energy agency, and the state's generation, transmission, and distribution companies. Officials from the private sector and research institutions participated in panels focused on regulations and incentives for grid integration of renewable energy, policy design to support the growth of geothermal energy, energy storage, and smart urban infrastructure development.
Mr. K. T. Rama Rao, Telangana's Minister for Industries, Information Technology, Municipal Administration & Urban Development also attended the event and spoke alongside Governor Murphy. Earlier in the day, the governor signed a sister-state agreement with Telangana government authorities in the presence of the Honorable Minister Mr. K.T. Rama Rao. The agreement included a wide range of sectors in which the two states hope to bolster public and private sector collaboration including clean tech cooperation.
Alluding to the signing of this agreement, Governor Murphy stated 'something about how the Governor hopes this agreement broadens the geography of energy cooperation by inviting public and private sector energy stakeholders to come together from both states. He may also want to formally invite energy sector stakeholders to come to New Jersey as a next step to continue the conversation'.
Mr. Rajiv Reddy, Chairman Southern Council, Indian Chamber of Commerce,said' Telangana has a vast solar potential estimated at 20.41 GW and a wind energy potential of 4.2 GW. Telangana has a total installed capacity of 4,036 MW renewable energy power including solar energy at 3,583 MW and wind energy of 128 MW besides contribution from other renewable energy sources.
The state has adopted decentralized distributed solar installation projects, as opposed to the solar park model. The state had encouraged projects across over 180 locations, instead of concentration of projects at one location as in solar parks'.
Dr. Rajeev Singh, Director General, Indian Chamber of Commerce, said,' Government has already encouraged energy efficiency programs and the use of LED bulbs that have led to substantial savings. Energy efficiency programs, including Perform Achieve and Trade, UJALA and Standards & Labelling Programme, resulted in total cost savings worth Rs 53,000 crore in 2017-18 and contributed to reducing 108.28 million tonnes of carbon emissions.
India has witnessed increasing capacity additions in renewable energy (RE) with an installed capacity of close to 22 GW for solar and 34 GW for wind as on March 31, 2018. There has been growing interest in India's emerging green energy sector. Telangana has signed a sister-state agreement with New Jersey. Governor's mission focussed on cultural, educational and economic ties between New Jersey and India.