Lucknow C&I Businesses to Tackle Energy Costs at Mercom India Clean Energy Meet

Lucknow, INDIA – February 28, 2024 – Mercom India, a subsidiary of Mercom Capital Group, an integrated communications, research, and media firm focused exclusively on clean energy markets, will host the C&I Clean Energy Meet in Lucknow on March 1, 2024, at the IIA Bhawan, Gomti Nagar in Lucknow.

The event, co-organized by the Indian Industries Association and Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA), under the ‘Green Energy Business Conclave’ will focus on helping commercial and industrial (C&I) businesses in the region reduce their energy costs and explore affordable renewable energy options. Click here for full event details.

Shri. Arvind Kumar Sharma, Hon’ble Minister of Energy, Urban Development & Renewable Energy, is invited as the chief guest at the event. Dr. Somendra Tomar, Hon’ble State Minister, Department of Additional Sources of Energy and Shri. Mahesh Kumar Gupta I.A.S, Additional Chief Secretary & Chairman Additional Sources of Energy, are invited to join as Guest of Honour, along with Shri Anupam Shukla, IAS, Director at UPNEDA.

According to a recent Mercom India report, India boasts significant rooftop solar capacity (over 10 GW installed), with 34% of the installations by commercial units and 32% by industrials. Uttar Pradesh, the eighth largest state for rooftop solar, is experiencing growing demand for clean energy solutions, primarily driven by the rising costs of traditional energy, with commercial and industrial organizations particularly hard-hit.

Uttar Pradesh had the fifth-highest cumulative open access solar capacity, accounting for 6.8% of the total open access installations in the country as of September 2023. The state is a promising market for open access solar installations with a large pipeline of projects.

The day-long event will feature panel discussions, case studies, and presentations showcasing the latest technologies and business models for rooftop and open access solar solutions. Attendees will learn how to navigate financing mechanisms and regulations while discovering how clean energy can enhance their bottom line and reduce their carbon footprint.

“This is the go-to event for C&I businesses in Uttar Pradesh that want to learn about cost-effective clean energy solutions that are being deployed today with real-world validation,” commented Priyadarshini Sanjay, Managing Director at Mercom India.