Target of 140 GW wind energy by 2030, 96 percent of wind energy capacity is not being used in the country

Moreover, India is among the leading countries worldwide in the sector of wind energy and ranks fourth in the ranking when talking about the installation of wind energy. More than 47 GW exists when talking about the installed capacity. Of this, there is a set target of 140 GW of wind energy to be achieved in the year 2030. Yet, all said and done; the country is still not in a position to utilize even 96 percentage of wind energy capacity. If this be attended to, then the net zero efforts by 2070 can be advanced. Wind Energy is the most prestigious and historic trade fair and conference in the renewable energy sector, to be held from 23 to 25 October at Chennai Trade Centre, Chennai.

More than 300 exhibitors from across the globe are going to be a part of the sixth edition of Wind Energy India, according to JP Chalasani, CEO, Suzlon Group. Wind Energy India 2024 will be a unique industry platform committed to wind energy. It is going to be an international three-day trade fair and conference through which the meet of industry leaders, policy makers, and innovators will combine to reach the utmost desired renewable energy goal of India and bring progress in the wind energy sector. Finally, Windergy India has been accredited as India's Fastest Growing Show at the Exhibition Excellence Awards 2024. It assembles innovators, policy makers, and regulators who are industry giants in the wind energy sector.

JP Chalasani said, "We are in the most crucial phase for wind energy. With continued policy support, support for local manufacturing and innovation, and measurers such as strengthening RLMM requirements, we can establish India as a global hub for renewable energy production. There will be an opportunity to get cutting-edge solutions from around 300 exhibitors from 25 countries as well as international pavilions such as Denmark, Spain, United Kingdom, which confirm the global standard of wind energy. The Indian coastline is over 7,000 km long, with theoretical potential for over 500 GW of offshore wind. Offshore development is thus far being pioneered by states like Tamil Nadu and Gujarat.

The Union Cabinet has recently cleared, in a pathbreaking decision, a 1 GW offshore wind power project to be set up in Gujarat and Tamil Nadu with an investment of Rs 7,453 crores. It will generate 3.72 billion units of renewable electricity annually. This will decrease CO2 emissions by 2.98 million tonnes. This only demonstrates India's urge to go ahead for energy transition and achieve the goals of Net Zero 2070. JP Chalasani said, "Under this sector, the research and development centers are scaling up in the country. We are going ahead with new turbines and AI in this field. Development of wind energy provides employment opportunities.

Hundred per cent of the turbine parts are being made in India itself. Yet, this sector is not out of challenges.

Various issues such as grid, land, and tariff are pertaining to wind energy in the country. New possibilities in states like Gujarat, Tamil Nadu, Karnataka, Odisha, Madhya Pradesh, and Rajasthan may also be explored for wind energy. Commenting over a question, Amit Kansal, CEO and Managing Director Senvion Wind Technology said that there are immense possibilities of wind energy in Ladakh, but the cost is very expensive therein. "It is not easy to install turbines and wings in Ladakh. "It is also very challenging job to deliver the wings at other parts of the country.

The event is supported by leading industry stalwarts in addition to a host of other prominent organizations such as component manufacturers, wind turbine and software solution providers apart from service providers and consultants. It is jointly organized by the Indian Wind Turbine Manufacturers Association and Bengaluru-based trade fair organizer PDA Ventures Pvt Ltd. Windergy India draws support from the Ministry of Power, Ministry of New and Renewable Energy, and NITI Aayog. Not only this, the event is also recognized under Make in India initiative. The two-day Windergy India 2024 conference focuses on 'Wind' propelling the transition of India's energy transition. It covers recent developments in wind, showcases the best in class innovations, and contributes toward discussions on policy frameworks, technology trends, and investment strategies.

Curated sessions assure key topics, such as powering the wind energy future in India, innovative auction mechanisms to achieve the country's 2030 renewable energy targets, and new financial avenues for the green energy revolution post COP28, which will be deliberated upon during this session. Apart from the conference, Windergy India 2024 will also present round table sessions and seminars by experts of the industry and key organizations like International Commission on Green Hydrogen Association - GH2, Investments in Denmark, Department of Business and Trade, British High Commission and Development of Industrial Technology CDTI, Spain.

The last day will be devoted to the future of India's wind energy sector, with special emphasis on students and academia. It will feature sessions on technical aspects related to wind energy systems in-depth, the role of renewable energy in transition to green economy and creation of sustainable jobs through skill development, and sessions of technical inspection on Wind Gearbox, organized by Skill Council for Green Jobs - SCGJ, National Institute of Wind Energy, Nordex, and ZF Wind Power.

According to Amit Kansal, the CEO and Managing Director of Senvion Wind Technology, the installed capacity is bound to cross 47 GW by 2024, which will bring much-needed growth to India's wind energy sector. "The latest trend is hybrid wind-solar projects, which is changing the scenario now.". Setting a target by the government to reach 140 GW of wind power by 2030, along with its recent commitment to invest over $10 billion-plus each year in renewable energy, is not only crucial but also of utmost importance for sustained growth. This platform brings key players in the wind energy sector together and will further strengthen the role of the wind industry in India's energy transition, said Parag Sharma, President, Wind Independent Power Producers Association (WIPPA).

The total installed wind capacity crossed 47 GW this August and with a target for 140 GW by 2030, the industry has reached an important juncture. Of course, we are ready to add capacities, but decisive and sustained policy support and timely PPAs are critical for attracting immediate investments, increasing hiring and driving smart innovation in the sector. Collaboration at the strategic level, cost-effective tariffs and enabling market mechanisms will pace up capacity addition no doubt; thereby, allow wind to play a leading role in India's renewable future.