Wind Installations in India Rise by 101% with 1.24 GW Added in 9M 2021
The cumulative wind installations at the end of Q3 2021 stood at 39.87 GW
Mercom Research Focus
Harsh Shukla
Mercom Research Focus, Other
India installed 384 MW of wind capacity in the third quarter (Q3) of 2021, a 30% year-over-year (YoY) increase compared to 295 MW installed in the same period last year.
The quarter-over-quarter (QoQ) installations also grew over 60% compared to 239 MW installed in the previous quarter.
In the first nine months (9M) of 2021, new wind installations stood at 1.24 GW, a 101.37% growth compared to 619 MW in the same period last year.
India's cumulative wind installations at the end of Q3 2021 stood at 39.87 GW.
A significant share of installations in Q3 2021 came from Tamil Nadu, Gujarat, and Karnataka.
Gujarat installed 135 MW wind capacity in Q3 2021. The state has a 22% market share. Ranked second for cumulative installations in the country, the state has 8.91 GW of wind capacity installed. Tamil Nadu added 87 MW capacity during the quarter. The state leads the market with a 25% share of the country's total installation with 9.8 GW of wind capacity installed.
Karnataka installed 63 MW wind capacity in the third quarter. The state accounts for a 13% market share with a cumulative wind capacity of 5 GW. Maharashtra did not install any wind capacity in Q3 2021 but houses 13% of the country's installations with a total wind capacity of 5.01 GW. Rajasthan rounded off the top five with a total installation of 4.32 GW during the quarter, accounting for 11% of the market share. However, the state did not install any new wind capacity in Q3 2021.
In June 2021, the Global Wind Energy Council and MEC Intelligence released the 'India Wind Energy Market Outlook 2025' report, which predicted that the world's fourth-largest wind power market would add nearly 20.2 GW of new wind power capacity between 2021 and 2025. The report pointed out that the market would bounce back with nearly 20.2 GW installed wind power capacity between 2021 and2025, especially with wind-solar hybrid projects.
The government is also assessing the offshore wind resource potential in designated locations off the coast of Tamil Nadu and Gujarat. The Ministry of New and Renewable Energy has instituted a committee to draw a roadmap for offshore wind development.
Harsh is a staff reporter at Mercom India. Previously with Indian Express, he has covered general interest stories. He holds a Masters Degree in Journalism from Symbiosis Institute of Media and Communication, Pune.
More articles from Harsh Shukla.
GujaratIndiaKarnatakaMaharashtraMercom Research FocusTamil Naduwind
Harsh is a staff reporter at Mercom India. Previously with Indian Express, he has covered general interest stories. He holds a Masters Degree in Journalism from Symbiosis Institute of Media and Communication, Pune. More articles from Harsh Shukla.
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