Sun & Wind Energy
Chennai – Wind energy could soon supply 5 GW annually to fight chronic power shortages in the country, according to the India Wind Energy Outlook, prepared by WISE, IWTMA and GWEC. Officially released at the opening of Wind Power India 2012 by the Hon. Minister of New and Renewable Energy Farooq Abdullah, the report examines the state of the Indian wind power industry, and finds that up to 89 GW of wind power could be installed by 2020, up from current 18 GW. This would attract around $16.5 billion of annual investment to the sector, create 179,000 new jobs and save 179 tons of CO2 annually. By 2030, the installed capacity could reach as much as 191 GW.
India’s wind power sector has a mature manufacturing industry, and enormous growth potential. Now we need to get the right policies in place both nationally and at state level for India to meet its target of 15% renewable electricity supply by 2020, said Steve Sawyer, GWEC’s Secretary General.