Sunday 4 October 2015

Power Trade Shows: Contributing toward the growth of Indian economy

As per my opinion, power & energy sector plays a crucial role in the economic growth of the country. As without heat, light and electricity, you cannot run the factories, offices, homes etc. because it provides a comfortable life. All economic activities require a sufficient amount of energy resources to manufacture products, run the computers & machinery and provide transportation. Today, the significance of energy industry is increasing rapidly as it also covers various other sectors such as fuel, petroleum, oil, transport, refiners, gas, coal, nuclear power industry, renewable energy industry, etc. By understanding the growing importance of power, most of the companies whether small or big are entering in this sector. I personally recommend that to gain more knowledge about this industry or the products related to it, you must attend energy trade fairs


Energy Trade Fairs

In these trade shows, reputed companies belonging to the power sector participate so as to promote their products and services. Manufacturers, suppliers, exporters, exhibitors, traders, buyers, dealers, distributors, retailers and other professionals comes under the same platform to make reliable contacts. Through face to face communication the organizations dealing in renewable energy products can grab the attention of the investors and buyers thus, expand their business worldwide. Companies of all across the globe such as China, India, Nigeria, United Arab Emirates, Oman, Sweden etc. take part in the Power Trade Shows for showcasing their goods at international level. These kind of trade fairs organized all around the world, introduce you with the latest solar technologies and spread awareness about the numerous benefits of renewable energy.

As attending the Solar Energy Trade Shows  is a valuable investment, the manufacturing companies should participate in it and attract their target audience in the most sophisticated manner. These trade shows provide multiple opportunities to the exhibitors and visitors to known about the latest technological developments of the power sector. Apart, the manufacturing entities also get to know about the requirements and business needs of the customers. The products that are displayed on these trade fairs includes solar cells, solar drying, desalination systems, solar water heating, cooling systems, solar pumps, solar street, billboard lighting systems, wind-solar hybrid power system, integrators and many more. All these goods are renewable thus, considered as environment friendly and gaining immense popularity all across the globe.

Role Played by Indian government towards the growth of Energy or Power sector:

Indian government playing an active role in the adoption of renewable power resources by providing incentives like capital and interest subsidies, viability gap funding, generation- based incentives (GBIs), concessional finance, fiscal incentives etc.

With the ultimate objective to make the solar energy competitive with fossil based energy options, National Solar Mission consistently promoting the development and usage of solar energy for power generation.

Prices of solar modules, wind turbine and energy equipment have declined dramatically owing to the technological innovation.

Some most popular Power & Energy Trade Shows of the world:

On yearly basis, around 480 Renewable Trade Shows & fairs are organized in 72 countries and 297 cities. Some of them are below:

  • AWE - Appliance & Electronics World Expo
  • China (Guzhen) International Lighting Fair 
  • Electromation India
  • Envirotech Asia 
  • India Nuclear Energy
  • International Signs & LED Exhibition Guangzhou 
  • Light India
  • Power On
  • Renewable Energy India
  • Shanghai Thermal Insulation Material and Energy-saving Technology
  • World Petro Coal Congress