A new roadmap from the Global Wind Energy Council has found that Tamil Nadu could add 25GW of new wind capacity by 2030.
This would attract billions of dollars of investment and generate over 100,000 jobs in the best-case scenarios of GWEC’s new roadmap for the state, which was developed in partnership with the SED Fund and Deloitte.
The roadmap outlines how enacting a policy that embraces the state’s wind potential could help the Indian state become one of the key investment destinations in Asia and deliver enormous green-impetus into the state’s economy.
Among the roadmap’s findings is that wind power constitutes 84% of the state’s renewable energy potential. Tamil Nadu’s installed wind power capacity currently contributes to almost a quarter of India’s installed wind power capacity.
In noted that an additional 4GW of wind capacity could be added by 2030 if major power evacuation and transmission infrastructure challenges and other legacy challenges are not addressed.
But in the base case, 13GW of new wind capacity could be added by 2030, rising to 25GW in the best-case scenario.
Adding the additional 13GW would require around $10bn of investment.
CEO of Global Wind Energy Council Ben Backwell said: “GWEC is delighted to publish the Tamil Nadu Wind Energy Roadmap. This important document will support the Tamil Nadu government as it implements the enabling policy to unleash the potential of renewables in the state.
“Tamil Nadu has already set benchmarks for the rest of India and become a focal point for the wind industry in Asia. This roadmap identifies high-impact and concrete opportunities to further increase the demand and supply of wind energy in the state, which would also further strengthen the state’s position in the regional wind industry.”
Sumant Sinha, Chairperson of GWEC India and CEO, Founder and Chairman of ReNew Power added: “Blessed with abundant renewable energy resources, rich experience, and a growing appetite for green power, Tamil Nadu is the land of opportunities. The state’s climate ambitions very well recognize the pivotal role of renewable energy, including wind energy, that has a dominant share in both the installed renewable energy capacity and the assessed potential.
“Harnessing the full potential and complementarity of wind and other clean energy resources is necessary to create new avenues for investments, including in emerging areas such as green hydrogen and offshore wind. All of these will contribute significantly to socio-economic growth in the state and the country.”