What is the story about?
The Global Wind Energy Council (GWEC) has projected that India’s wind energy capacity will more than double from the current 51 GW to 107 GW by 2030
Launching a report in New Delhi, the global body estimated
the creation of 1,16,000 new jobs and a 10% reduction in power costs, with an annual addition of 8 GW of wind capacity.
Highlighting that only 4.5% of India’s total wind energy potential of 1,164 GW has been tapped so far, the report noted that the country’s installed capacity could rise to 452 GW by 2050.
Emphasising the cost-effectiveness of wind power, GWEC’s Chief Executive, Ben Backwell, predicted that wind will overtake hydro as the second-largest renewable energy source in China due to its inherent efficiency.
India is currently the world’s third-largest manufacturer of wind energy equipment, with the report projecting that it could meet 10% of global demand by 2030. It added that a greater share of wind power would enhance grid stability and improve transmission capacity utilisation.
While wind contributed 48 GW — around 30% of India’s renewable energy mix — in 2024, the country expects it to account for more than 20% of its targeted 500 GW renewable energy capacity by 2030.
Launching a report in New Delhi, the global body estimated
Highlighting that only 4.5% of India’s total wind energy potential of 1,164 GW has been tapped so far, the report noted that the country’s installed capacity could rise to 452 GW by 2050.
Emphasising the cost-effectiveness of wind power, GWEC’s Chief Executive, Ben Backwell, predicted that wind will overtake hydro as the second-largest renewable energy source in China due to its inherent efficiency.
India is currently the world’s third-largest manufacturer of wind energy equipment, with the report projecting that it could meet 10% of global demand by 2030. It added that a greater share of wind power would enhance grid stability and improve transmission capacity utilisation.
While wind contributed 48 GW — around 30% of India’s renewable energy mix — in 2024, the country expects it to account for more than 20% of its targeted 500 GW renewable energy capacity by 2030.
Do you find this article useful?
