The Wind Energy Industry in India

In India, the wind power generation has gained a high level of attention and acceptability compared to other renewable energy technologies. New technological developments in wind power design have contributed for the significant advances in wind energy penetration and to get optimum power from available wind.

The positive development of wind energy in India has mainly been driven by progressive state level legislation, including policy measures such as renewable portfolio standards and feed-in-tariffs. At the moment, there is no coherent national renewable energy policy to drive the development of wind energy. This is urgently needed to realize the country’s full potential and reap the benefits for both the environment and the economy.

The Indian government is currently considering the introduction of a national renewable energy policy, so this report comes as a timely reminder of how important a role wind energy could play in securing India’s energy security, curbing its CO2 emissions, providing new employment and boosting economic development.

A strong domestic manufacturing base has underpinned the growth of the Indian wind energy market. The Indian wind turbine manufacturer Suzlon is now a recognised player on the global market, and many international companies are established in India.

As can be seen by the Indian Wind Energy Outlook, the wind industry, both domestic and international, stands ready to do its part in achieving an energy revolution in India. With sufficient political will and the right policy frameworks, it could do even more.

www.researchandmarkets.com/research/add3cc/the_wind_power_industry_in_india