India’s wind capacity will reach 107 GW by 2030: Global Wind Energy Council
The report said India is targeting 100 GW of wind capacity and will contribute 20% of the renewable mix in India, as the country has a total wind potential of 1,164 GW, but only 4.5% of this has been utilised so far. A higher share of wind power provides significant cost benefits, enhances grid stability, and improves transmission capacity utilization, making it the least-cost pathway for meeting state-level power adequacy needs. Scaling installations to 8 GW annually could create 1,16,000 jobs, reduce costs by 10%, and raise domestic content to 80%. Scaling to 15 GW annually could generate 1,54,000 jobs, said the report.
”India, now the world’s 3rd largest wind equipment manufacturing hub, can meet 10% of global demand by 2030,” says Ben Backwell, CEO of the Global Wind Energy Council. India’s manufacturing capacity has grown from 12 GW in 2022 to 20 GW in 2024, positioning it to meet 10% of global wind demand. Scaling India’s wind capacity to over 100 GW by 2030 can unlock economic growth, manufacturing expansion, and wider energy access, he said.
Source: www.fortuneindia.com
