ICRA expects wind energy capacity addition during the current fiscal year to grow 20% over the last year to about 2800 MW and will be driven both by the IPP and non-IPP segments. In the rating agency’s view, the demand drivers for the wind energy sector remain favourable in the long run. This is mainly aided by strong policy support in place at the Centre and in key states which have wind potential, favourable regulatory framework in the form of renewable purchase obligation (RPO) regulations, as well as the cost competitiveness of wind-based energy vis-à-vis conventional energy sources.
National Institute of Wind Energy Launches Wind, Solar Online Maps
The National Institute of Wind Energy (NIWE), Chennai, India has launched two online maps, one each for wind and solar radiation. The Wind Energy Resources Map of India has been launched at 100 meter above the ground, while the solar radiation map has been set up at ground level on the online Geographic Information System platform.