Renewable Energy Hub

India’s Renewable Energy Generation Capacity Could Reach 48 GW by 2015

India is on target to achieve the target to set ten percent renewable energy generation capacity by 2015, said chairman of the Central Electricity Regulatory Commission (CERC).

As part of the National Action Plan on Climate Change, the government has set the target of increasing contribution of renewable energy sources to power generations to ten percent by 2015. Although the installed renewable energy capacity is more than the ten percent – at 16.8 GW – of the total generation capacity of 161.4 GW, the contribution of renewable energy to real power power generated is only four percent.

Wind energy leads all the renewable energy sources in terms of installed capacity. Wind energy resources are concentrated in a handful of Indian states like Tamil Nadu, Andra Pradesh, Gujarat, Maharashtra, Karnataka and Rajasthan. But given the rapidly evolving wind energy technology and the presence of the world’s third largest wind turbine manufacturer as a domestic player has resulted in consistent increase in wind energy capacity expansion. The tariff rates of wind energy generated power are also much more competitive with the power generated from conventional fuels as compared to solar energy. (more…)