India is one of the fastest growing wind energy markets in the world with an installed capacity of over 41 GW. With a rapidly growing population and increasing demand for cleaner sources of energy, India’s wind energy market is set to continue its strong growth trajectory.
It may be recalled that in order to reduce dependency on fossil fuel and achieve the target of net-zero emission by 2070, Prime Minister Shri Narendra Modi at COP26 (November 2021) pledged five key targets towards fulfilment of this objective. These include: (i) Increasing country’s non-fossil energy capacity to 500 GW by 2030 (ii) 50 percent of country’s energy requirements to come from renewable energy by 2030 (iii) Reduction of total projected carbon emissions by one billion tons from now till 2030 (iv) By 2030, India will reduce the carbon intensity of its economy by more than 45 percent (v) By the year 2070, India will achieve the target of Net-Zero.
Wind energy will play a pivotal role in achieving the above objectives and has already made impressive progress in terms of capacity addition, manufacturing capabilities and other areas. Currently, 27% of the total installed power capacity in the country comes from renewable energy, of which 37.73% is contributed by Wind Energy (40.13 GW). The Target for Wind Energy is 140 GW by 2030 ~ an annual capacity addition of around 10 GW year on year.
As India’s only comprehensive International Tradefair and Conference for the Wind Energy Sector, Windergy India aims to once again bring together wind industry professionals from India and overseas to reiterate the pivotal role of wind energy in achieving the target of net-zero emission objectives and to accelerate progress in terms of capacity addition, manufacturing capabilities and other areas through its annual tradefair and conference. Indian Wind Turbine Manufacturers Association (IWTMA) and PDA Ventures have just announced the fifth edition of Windergy India 2023 to be held from 4 – 6 October 2023 at Chennai Trade Centre, Chennai. Tamil Nadu is in the forefront of the entire Eco Value Chain.
The last edition which took place from April 27–29, 2022, at Pragati Maidan in New Delhi, was a success in bringing together the top OEMs, component makers, and service providers from countries including China, Malaysia, Denmark, the UK, Italy, Germany, France, and India. Over 3000 wind industry professionals from India and overseas comprising of Academicians, Associations, Industry Leaders, International Organisations, Banks and Financial Institutions, Clean-Tech Specialists, Consultants, Corporates, DISCOMS, Environmental Groups, State / Central Governments, Green Power Providers, Independent Power Producers, Investors, Landscape architects, Energy Consultants, Lawyers, Surveyors & appraisers, Media, and trade press, Municipalities, Non-Governmental Organisations, Non-profit Organisations, Think Tanks, PSUs, Power Consultants, R&D Institutions, Technology Developers, Trading Company/Distributing Agent, Utility Providers, Venture Capitalists, in a span of three days.
The parallel conference themed ‘Power of the Wind: India’s Drive to Net-Zero” had deliberations by industry leaders and professionals with the presence of 300 plus delegates analysed and reflected on policies and regulatory challenges in India. Future electricity demands, efficient grid integration and offshore were all examined in-depth, in addition to technology and green finance methods.
The upcoming 5th edition will yet again be an exclusive blend of a 3-day tradefair alongside a 2-day power packed conference with key note speeches, thought-provoking panel discussions, special addresses and technology presentations by senior bureaucrats, industry leaders, academics and other subject matter experts, providing an exclusive platform to meet, interact and engage with policymakers, regulatory authorities, international / domestic technology, solutions and service providers from the Wind Energy Sector.
For more details: https://windergy.in/