Wind Power is essential for sustainable electricity production

Continued investment in Transmission and Distribution (T&D) networks and the availability of evacuation corridors is needed to handle the increased renewable capacity and ensure reliable delivery to consumers.

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The Indian wind industry offers vast opportunities due to abundant wind resources, government incentives, and growing energy demand. However, challenges include land acquisition issues, grid integration constraints, policy uncertainties, and financing hurdles. Technological advancements and streamlined regulations can unlock the sector's full potential and support the shift to renewable energy.

Wind Energy Capacity

Wind energy additions saw a 27.9% increase (to 4,151 MW), while solar surged by 58.5% (to 23,823 MW). The key factors contributing to the growth in wind energy capacity additions are:

Policy Support: The government's Renewable Purchase Obligations (RPOs) and fiscal incentives, such as waivers on ISTS charges, have incentivised investment. Robust private sector participation and growing investor confidence have accelerated project deployment.

Technological Advancements:

Larger rotor diameters and taller towers enable wind farms to generate more electricity from lower wind speeds, expanding viable project sites. Also, integrating wind with solar and storage improves project economics and grid stability, making wind more attractive.

Mandating Storage in New Projects: