Bringing together large power consumers and clean energy solution providers

Mercom India hosted the ‘C&I Clean Energy Meet 2023’ in multiple cities across India. In 2023, the events were held in multiple cities, focusing on participation from commercial and industrial businesses. The event in Mumbai happened on May 18, 2023.

Mumbai is regarded as the financial capital of India. It is not only home to a majority of the largest corporations, but the state’s industrial policy favors small and medium enterprises (SMEs). It is the capital of Maharashtra, a state that benefits from specialized economic activities such as diamond cutting and computer manufacturing. These are all sectors that can save on electricity costs by going solar.

The COVID-19 pandemic has shown commercial and industrial businesses that going solar is one of the best avenues to cut operational costs and reap both environmental and economic benefits.

C&I entities, large institutions, and residential apartments are all in pursuit of energy sources that are clean, green, and also lower in cost compared to the grid power tariffs. Solar is an attractive option for commercial and industrial businesses trying to reduce their operating expenses. With many emerging business models, there is a renewed interest in going solar.

Solar solutions providers equipped with advanced technologies, financing mechanisms, and regulatory provisions are offering attractive solutions to consumers.

Mercom brought the clean energy solutions providers and consumers together to discuss power requirements, cost benefits, challenges, opportunities, and solutions.

Why Mumbai

• Maharashtra has India’s second-largest operating solar open access portfolio, accounting for 12.4% of the country's total solar open access capacity
• Maharashtra's commercial consumers pay the country's highest electricity tariffs, making it an ideal market for solar open access
• The Maharashtra Energy Development Agency has set out a solar subsidies scheme that helps companies make building the infrastructure more affordable.

Who attended

• Commercial and industrial consumers of large power capacity who plan to significantly reduce their cost of power
• Clean energy solutions providers looking to reach commercial and industrial partners