Posted by: Windfair Editors
WindEnergy Hamburg: All Eyes on India
Official Press Release Hamburg Messe & Congress:
WindEnergy Hamburg 2020: Focus India - Asia’s second largest wind market and new key global supply chain hub
India will be featured at WindEnergy Hamburg 2020. According to the GWEC Annual Report 2019 the South-Asian nation is the world’s fourth-largest onshore wind market, boasting 37.5GW total installations. The consultancy Wood Mackenzie sees two fundamental drivers in place to sustain market growth: rising energy demand and political ambition.
Energy demand in India is expected to double in the next decade, with firm Indian government goals to achieve a 60GW operational wind power capacity by 2022 and 140GW in 2030. During 2019 India remained Asia’s second largest wind market with 2.4GW of newly added wind capacity, and it accounted for 3.9% of all new onshore installations, good for a 4th global ranking position. On 4 June the consultancy Wood Mackenzie predicted... ... More: Official Press Release Hamburg Messe & Congress
- Keywords:
- WindEnergy Hamburg, Hamburg Messe & Congress, India, focus, market, onshore, offshore, event, supply chain, hub, manufacturer, GWEC