Wind Energy potential revised to 302GW: MNRE
India is running the largest renewable capacity expansion programme in the world. The government is aiming to increase share of clean energy through massive thrust in renewables. The year started with Prime Minister Shri Narendra Modi’s statement “India is graduating from Megawatts to Gigawatts in Renewable Energy production. The quote itself set up the higher expectation of clean energy generation in the country. The target of 20,000 Mw of solar power proposed to be installed in the country has been reset by the NDA government to achieve five time more at one lakh mw of solar power by 2022. The target, which looked overambitious, now seems to be within the realms of reality with several States already witnessing silent revolution on rooftop solar power generation with the launch of net metering in the country. As on 31.10.2015, cumulative capacity of about 38 GW of grid-interactive renewable energy capacity has been installed in the country. Confident by the growth rate in clean energy sector, the Government of India in its submission to the United Nations Frame Work Convention on Climate Change on Intended Nationally Determined Contribution (INDC) has stated that India will achieve 40% cumulative Electric power capacity from non-fossil fuel based energy resources by 2030 with the help of transfer of technology and low cost International Finance including from Green Climate Fund.