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Wednesday, October 9, 2024

Windergy India 2023 Showcases India’s Wind Power Potential

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India, a global leader in wind power, continues to make significant strides in the renewable energy sector. As of June 30, 2023, India boasts an installed wind power capacity exceeding 43,773 MW, solidifying its position as the fourth-largest wind power producer globally. The wind energy sector not only plays a pivotal role in meeting India’s renewable energy targets but also brings numerous socio-economic benefits. Wind farms have emerged as engines of employment generation, particularly in rural areas, during both the construction and operational phases. Furthermore, wind energy contributes significantly to reducing greenhouse gas emissions, enhancing energy security, and providing clean electricity access to the populace. The Indian government has set ambitious objectives to augment the share of renewable energy, including wind power, in the nation’s energy portfolio. Offshore wind energy is rapidly gaining momentum, with considerable potential for capacity expansion along India’s extensive coastline. Both the central and state governments have proactively collaborated to establish policy and regulatory frameworks that streamline the development process, ensure environmental sustainability, and attract investments to bolster this flourishing sector.

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