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According to the Institute for Energy Economics and Financial Analysis (IEEFA), India's offshore wind capacity will reach 30 GW by 2030, comparable to China, and account for 30%
of the 100 GW capacity envisaged by Asian economies.
In addition, by 2030, China's offshore wind capacity is also expected to reach 30 GW, South Korea 18 GW, Japan 10 GW, Taiwan 5.
5 GW, Indonesia, the Philippines and Vietnam a total of 6.
5 GW
.
By 2022, India has set a target of 5 GW of offshore wind capacity and built on this to reach 30 GW
by 2030.
In April 2018, the Ministry of New and Renewable Energy (MNRE) invited interested businesses to participate in the development
of a 1 GW offshore wind project on the west coast.
A total of 34 companies responded to the call, including some domestic players such as Sterlite Power Grid, Inox Wind, Suzlon Energy and Mytrah Energy
.
The bid also attracted foreign players such as Orsted, Alfanar, Deep Water Structures, E.
ON, Terraform Global, Macquarie Group, Shell and Senvion
.
By 2030, Asian economies will build a cumulative offshore wind capacity of 100 GW
.
The report argues that offshore wind development has the potential to achieve the same cost-efficiency as
onshore wind.
According to the Institute for Energy Economics and Financial Analysis (IEEFA), India's offshore wind capacity will reach 30 GW by 2030, comparable to China, and account for 30%
of the 100 GW capacity envisaged by Asian economies.
In addition, by 2030, China's offshore wind capacity is also expected to reach 30 GW, South Korea 18 GW, Japan 10 GW, Taiwan 5.
5 GW, Indonesia, the Philippines and Vietnam a total of 6.
5 GW
.
By 2022, India has set a target of 5 GW of offshore wind capacity and built on this to reach 30 GW
by 2030.
In April 2018, the Ministry of New and Renewable Energy (MNRE) invited interested businesses to participate in the development
of a 1 GW offshore wind project on the west coast.
A total of 34 companies responded to the call, including some domestic players such as Sterlite Power Grid, Inox Wind, Suzlon Energy and Mytrah Energy
.
The bid also attracted foreign players such as Orsted, Alfanar, Deep Water Structures, E.
ON, Terraform Global, Macquarie Group, Shell and Senvion
.
By 2030, Asian economies will build a cumulative offshore wind capacity of 100 GW
.
The report argues that offshore wind development has the potential to achieve the same cost-efficiency as
onshore wind.
