Analysis: India needs more renewable energy tenders

Image: PixabayImage: Pixabay
Variable renewable energy tenders issued annually in India have fallen from 40 GW in 2019 to about 28 GW in 2022. That's not enough to reach the renewable energy targets of the country.

Official Press Release IEEFA:

India needs to increase renewables tender issuance to meet clean energy targets

State and central agencies need to make concerted efforts to raise the annual variable renewable energy tender issuance to over 35GW in the next few years, to achieve India’s 2030 targets.

Variable renewable energy tenders issued annually in India have fallen from 40 gigawatts (GW) in 2019 to about 28GW in 2022. This is below the level required for India to achieve its target of 450GW of installed renewable energy capacity by 2030, finds a new joint report from the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics. “Currently, renewable energy tendering activity is off-track. To reach the 2030 target, India will need to open renewables tenders for at least 35GW annually,” says the report’s co-author... ... More: Official Press Release IEEFA

IEEFA, JMK, analysis, report, India, renewable energy, target, clean, government, GW, level, energy, tender, developer

Related News

Thematically suitable Windfair.net members in the business directory

  • Newlist_logo.drakawind
  • Newlist_american_clean_power_logo

more results

Keyword Search

© smart dolphin Gmbh 1999 - 2024 | Legal Notice | Windfair Editors | Privacy Policy | The Windfair Pocket Wind 2020