India wind energy market outlook 2023-2027: from local wind power to global export hub
India will add 22 gigawatt (GW) of wind energy capacity in India over the next five years, at the current pace of growth, according to this report published by the Global Wind Energy Council (GWEC) and MEC Intelligence (MEC+).
India could become a key player in the global wind energy supply chain, according to the report From local wind power to global export hub: ‘India Wind Energy Market Outlook 2023-2027’ published by the Global Wind Energy Council (GWEC) and MEC Intelligence (MEC+). The report emphasises the huge supply chain opportunities for India in the export market, and looks at the domestic challenges of ramping up deployment of wind energy in this decade to meet ambitious targets. The report forecasts that around 22 GW of wind energy capacity will be added in India over the next five years, at the current pace of growth. Under an accelerated growth scenario with heightened demand from central and state markets, as well as commercial and industrial consumers of clean energy, more than 26 GW could be added within this period.