Wind segment to enhance energy security
The revised renewable target for 2022 is 227 GW, including 67 GW. We welcome this move as it will also enable India’s energy security and transition to a low-carbon economy. It is also a testament of the government’s confidence in the sector to deliver the targets
Gearing up for 80 GW and beyond
Wind dominates the renewable energy (RE) segment with an installed capacity of over 34,000 MW. The segment, which was once the leader in RE, may lose its sheen as grid-connected solar energy may take over wind in the coming years
There is a huge opportunity in wind-solar hybrid projects
Last year was challenging as the wind industry witnessed slowdown due to the transition from feed-in tariff (FiT) to competitive bidding. This impacted margins and created temporary uncertainty in terms of volumes.
India to meet 60-GW wind capacity before 2022, say manufacturers
The wind power sector of India is well on its way to meet the 60-GW capacity target ahead of the 2022 deadline set by the government, having already crossed the 34-GW mark, the Indian Wind Turbine Manufacturers Association (IWTMA) has said.
The wind power sector is going through a transformation with the entry of competitive bidding process. Though it could keep up the pace as of now, analysts say, it will slow down going ahead.
The Union Budget is full of sops for solar - in terms of investment, village electrification and taxes. But, it calls for building renewable power compatible T&D infrastructure on a war footing.
Technology and innovation will continue to be the catalyst
Aligned with the´Make in India´ initiative and the government´s green commitments, we aim to install 20 GW in the next six years. This is more than our installations till date but, is well within reach. We have established a multi-prolonged strategy that covers R&D, manufacturing and design as we endeavour to meet our goals.
The Long Shot
Wind energy has been identified as a potential response to India´s crucial power challenges since the 1990s. The sector has undergone a major shift in India, and even after a good 25 years, we still await the full potential of this renewable source to be realised.
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