Wind, solar, batteries: India’s next power shift
India's wind energy sector is poised for a significant transformation, with companies needing to move beyond selling turbines and offer integrated power solutions, according to Ben Backwell, CEO of the Global Wind Energy Council (GWEC). Backwell emphasized that wind companies must understand electricity demand, pricing patterns, and how different sources of power can work together to create a cohesive power solution.
The industry must develop projects that meet the specific needs of the power system, such as hybrid renewable projects, partnerships with grids and offtakers, and projects adapted around customers' demand profiles. Backwell likened wind projects to power projects, not just wind turbines.
India is on track to add 6.5-7 GW of wind energy capacity this year, aiming for around 10 GW annually to meet its 2030 target of 100 GW. Backwell highlighted that the government's policy direction and auction designs are supportive, but coordination between agencies and between the central and state governments remains a crucial challenge. Grid planning, permitting, and market mechanisms need to be aligned for projects to transition from auctions to actual development.
Backwell also sees potential for India to become a global wind supply-chain hub, as the country has sufficient supply-chain capacity to meet its own requirements and export components to other markets. He believes sustained growth in India will be vital for maintaining this supply chain and creating opportunities for Indian companies worldwide.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.