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.