Wind energy in India. As the 3rd largest annual wind power market in the world, India can provide great business opportunities for domestic and foreign investors. The sector experienced record annual growth in 2011 with more than 3 GW of new installations added. Diverse incentives supported by a long-term policy and regulatory framework at the central and state levels have played a crucial role in achieving this goal. Wind power has been long recognized as a clean and renewable energy source in India.
India’s energy demand is on a constant rise, with electricity demand expected to triple between 2005 and 2030. In March 2012, renewable energy comprised about 12.2% of total installed capacity, from 2% in 1995. About 70% of installed capacity consists of wind energy; in August 2012, wind power installations reached 17.9 GW.