India’s energy demand is expected to grow at about 3% per annum till 2040, which necessitates the development of more clean power sources to fulfil this demand.
Wind energy systems are expected to play a crucial role in meeting India’s ambitious goal of 450 GW of renewable energy installed capacity by 2030, which includes 140 GW of wind energy.
India’s wind capacity target for 2030 is 140 GW, and the current wind installation achieved until April 2023 is 42.
Renewable energy technologies are witnessing a fast-paced growth globally at 8.
The offshore wind industry has significant potential as a long-term solution.
Till recently, the on-shore wind power potential in India was officially estimated to be 49 GW, out of which 17 GW forms part of the country’s mainstream energy mix.
CSTEP organised a stakeholder consultation workshop on the wind energy sector at the request of the Ministry of New and Renewable Energy (MNRE) recently.
India is planning to install 450 GW of renewable energy (RE) generation capacity by 2030.
India has the fourth largest installed capacity of wind energy in the world, with the addition of 41 GW as of June 2022.
The country has already made significant progress with installed renewable energy (RE) capacity reaching 114 GW as of 30 June 2022.
India is endowed with a 71 GW offshore wind potential, as per the assessment by the National Institute of Wind Energy (NIWE), but the country is yet to set up its first offshore wind plant.
Despite its enormous potential, India has thus far lagged behind its global peers with no installed offshore wind capacity in the country despite the international market size reaching close to 75 GW.
