Wind installations in India in the second quarter (Q2) of 2021 were down by 62% quarter-over-quarter (QoQ), with 239 MW added in Q2 2021, compared to 623 MW added in Q1 2021.
The year-over-year (YoY) installations increased 76% compared to 136 MW in Q2 2020.
The cumulative installations at the end of Q2 2021 stood at 39.6 GW.
A major share of the installations in Q2 2021 came from Gujarat, Tamil Nadu, and Maharashtra.
Gujarat added nearly 220 MW of wind capacity as of June 2021. The state had a 22% market share and was ranked second in the cumulative installations in the country with 8.78 GW of total installations. Tamil Nadu added 109 MW of capacity as of June 2021. The state was ranked first in cumulative installations in the country, with 9.72 GW of wind installations accounting for 25% of the total market share.
Maharashtra installed 12.5 MW of capacity with an overall market share of 13%. The state was ranked third in terms of cumulative capacity with 5.01 GW installations at the end of July 2021. Karnataka did not install any wind capacity in Q2 2021 but had a 13% overall market share because of the cumulative installations of 4.9 GW. Rajasthan rounded off the top five with a cumulative installation of 4.3 GW at the end of July 2021, accounting for 11% of the market share.
Wind installations in India in Q1 2021 were up by 25% QoQ, with 623 MW added compared to 500 MW installed in Q1 2020. Cumulative installations at the end of Q1 2021 stood at 39.2 GW.
In June this year, 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 and2025. 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 in the country. The government has allowed 100% foreign direct investment under the automatic route for renewable energy projects, which also includes offshore wind energy projects.
Rakesh Ranjan is a staff reporter at Mercom India. Prior to joining Mercom, he worked in many roles as a business correspondent, assistant editor, senior content writer, and sub-editor with bcfocus.com, CIOReview/Silicon India, Verbinden Communication, and Bangalore Bias. Rakesh holds a Bachelor’s degree in English from Indira Gandhi National Open University (IGNOU). More articles from Rakesh Ranjan.