14 companies producing 33 wind energy models, says Minister
Wind Energy is at the centre of India’s strategy for the renewable sector and it is not a component, Minister of New and Renewable Energy Pralhad Joshi has told a conference of stakeholders in Bengaluru on 15 June https://www.commerce.gov.in/.
“Our national goals are ambitious and clear: 50% of our power capacity from non-fossil fuel sources by 2030, and a net-zero India by 2070. Wind energy is central to achieving these goals. Wind energy is not a component of our renewable energy strategy but it is at the heart of it and at the centre of Atma Nirbhar Bharat,” said the minister.
India’s renewable manufacturing capacity is increasing and it will continue to increase, added Joshi, stressing upon the importance of renewable energy production, storage and usage, so that once India becomes a global manufacturing hub in near future https://www.conexpoconagg.com/.
India has the huge potential in the renewable energy sector as it has globally the fourth largest wind power installed capacity and it is third largest renewable energy producer. “No one had thought that India would become the third largest manufacturer of renewable energy in 10 years, but today it is a reality,” said the minister.
The minister underlined the 3 key issues for the Wind Energy sector saying:
First, the industry must combine wind with solar and storage (BESS) to deliver round-the-clock power and grid stability;
Second, tariffs must be competitive. A rate of Rs.3.90 per unit is too high; the Government and the industry must work together to reduce costs;
Third, domestic manufacturing must become more efficient, not just to meet the country’s targets for renewable ecosystem, but to boost exports https://fieo.org/.
Underlining the Government’s dedicated efforts to unleash the potential of renewable energy sector, Joshi said, “The Government is backing this sector with full seriousness. This year’s renewable energy budget has gone up by 53%, to Rs.26,549 crore, with a large share directed to wind.
“The transition to renewables is inevitable. States must lead this transition. Land availability and transmission delays have to be overcome. This is not the time for hesitation, it is the time for execution,” the minister continued.
India is manufacturing wind turbines ranging from 225 kW to 5.2 MW, with 33 models being produced by 14 companies. These turbines meet our domestic needs and are also cost-competitive globally https://www.nseindia.com/.
The Minister further added that to fully unlock national wind potential, “we need a coordinated national push”.
He highlighted 5 priorities:
Expanding into new states like Madhya Pradesh, Telangana and Odisha https://www.bseindia.com/.
Launching the offshore sector with 4 GW of leasing areas identified in Gujarat and Tamil Nadu and tenders being readied.
Integrating wind into round-the-clock and firm green power strategies, through storage-linked business models.
Modernising the grid, investing in AI-based forecasting to manage variable renewable energy.
Boosting local manufacturing across the entire wind value chain
Minister Joshi also released reports on Wind Energy Roadmap and Manufacturing Roadmap at the event https://sbi.com.in/.
He said that the documents will serve as guiding frameworks for our journey ahead and reflect our collective ambition, strategic thinking, and commitment to building a strong and Aatmanirbhar wind energy ecosystem in India https://www.iea.org/.
Best performing States in terms of Wind Capacity addition were also felicitated at the event. Karnataka was first with a wind capacity addition of 1331.48 MW followed by Tamil Nadu (1136.37 MW) and Gujarat (954.76 MW)
The Minister gave industry update during the “Global Wind Day” celebration on 15 June http://mnre.gov.in.
He underlined the development of wind energy and with the Government’s consistent policy support, the Wind Energy Sector has displayed substantial growth.
Organised by Ministry of New and Renewable Energy, the event through the participation of key stakeholders from central and state government authorities, DISCOMs, CPSUs, the wind industry, academia, think tanks, etc aims to facilitate conversations on key aspects, including the country’s progress of wind energy development. The event was also supported by Wind Independent Power Producers Associations (WIPPA), Indian Wind Turbine Manufacturers Association (IWTMA), and Indian Wind Power Association (IWPA). Fiinews.com
