By 2026, India can add 23.7 GW of clean energy, according to a report

25 Aug 2022 , 08:01 AM

According to a recent report, India can add an additional 23.7 GW of capacity within the next five years if the required enabling policies, facilitative tools, and institutional initiatives are put in place.

The Global Wind Energy Council (GWEC) and MEC Intelligence (MEC+) report, titled “Renewing wind growth to power the energy transition: India Wind Energy Market Outlook 2026,” was issued yesterday.

As of March 2022, wind power accounted for 37.7% of the total installed capacity in India, making up the majority of the country’s renewable energy mix. The paper stated that the whole predicted potential, however, surpasses the present installed capacity. At a hub height of 120 meters, onshore capacity is above 600 GW, while the combined potential of fixed-bottom and floating offshore wind is 174 GW.

According to the paper, “These numbers show that there is a significant amount of untapped wind energy potential that will be vital for advancing the nation’s clean energy transition.”

The Covid epidemic and issues with the worldwide supply chain, according to the research, caused disruption. “But at this point, the Ministry of New and Renewable Energy (MNRE) took a number of actions. For instance, the ministry approved a broad timeframe extension that pushed the completion of the 0.7 GW of backlogged projects to 2022.”

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