India ready to make a leap forward to new national renewable capacity
(sustainabilityenvironment.com) – India tries again. After failing to meet its ambitious 2022 target of installing 175 GW of new renewable capacity, the New Delhi government is presenting a new tender programme to grow green power. On the site of the Ministry of New and Renewable Energy, appeared these days new quotas and a first planning for the year 2023-2024 (from April 2023 to March 2024).
In detail, the document sets out the first 4 calls for tender for a cumulative total of 50 new GW of renewable capacity to be allocated in the short term. But, more importantly, it promises 50 GW races each year until 2028, of which 10 GW per year reserved exclusively for the wind industry. In other words, India is preparing to welcome on its territory another 250 GW of clean electricity power by the end of the decade, focusing on wind, photovoltaic, bioenergy, plants with integrated battery for a constant supply and hybrid systems.
India: 500 GW of non-fossil capacity for 2030
The new races are part of a larger plan that sees the Asian giant committed to reaching 500 GW of non-fossil electricity capacity by 2030, including nuclear. This is a huge challenge considering that coal currently accounts for more than half of India’s 412.2 GW of electricity generation capacity.
Despite this, India’s non-fossil energy park has grown considerably in recent years. To date, in fact, the country is in fourth place in the world for renewable installed capacity and its green energy accounts for 26.53 percent of national electricity. Not only that. The rate of new additions of wind and solar plants is second only to China among the major nations of the Asia-Pacific region.