REPORT From Local Wind Power to Global Export Hub India Wind Energy Market Outlook 2023-2027 Download the report OVERVIEW India’s flagship “Wind Energy Market Outlook 2023-2027” report has been published. Jointly developed by GWEC India and Mec+. Featuring the latest key statistics, chapters looking at the key challenges facing the sector, a focus on supply …
A new report, India Wind Energy Market Outlook 2025, jointly released today by the Global Wind Energy Council (GWEC) and MEC Intelligence (MEC+) finds that India, the world’s fourth-largest wind power market, is expected to add nearly 20.2 GW of new wind power capacity between 2021-2025.
Offshore wind will have a prominent role in India’s energy transition. As the world’s third-largest producer and fourth-largest consumer of electricity, India’s energy demand is forecast to grow between 6-7% year-on-year over the next decade. Current government initiatives like 24*7 Power for All, Make in India, Atmanirbhar Bharat (Self-reliant India) and the National Mission for Enhanced Energy Efficiency are aiming to create secure and low-carbon energy systems. This will in turn require a large-scale and reliable renewable energy supply.
According to the latest data released by GWEC Market Intelligence, 2020 was a record year for wind power growth in the Asia Pacific. This growth was driven by China, which installed 52 GW of new wind power capacity in 2020 according to initial data – double what the country installed in 2019 and more capacity installed in a single year by any country in history.
The Global Wind Energy Council India (GWEC India) announced today that Martand Shardul, previously a Fellow at The Energy and Resources Institute (TERI), has joined GWEC India as its first Policy Director. Martand has more than a decade of experience in public policy, clean energy analytics and digital transformation in India and beyond.
