for a better tomorrow: renewable energy in india is on the rise | an aranca infographic
DESCRIPTION
Cost competitiveness and energy efficiency initiatives by the government have propelled an increasing tilt towards the usage of renewable energy. The country is expected to continue the growth momentum in the usage of renewable energy with wind energy taking the lead.TRANSCRIPT
For a Better TomorrowRenewable Energy in India on the Rise
Source: : EY Report 2013- Mapping India’s Renewable Energy Growth Potential
Cost competitiveness and key energy e�ciency initiatives by the government have propelled an increasing tilt towards the usage of renewable energy
Growth of installed capacity of renewable energy in India (GW)
Segment-wise Installed Capacity of Renewable Energy in India (March 2013)
State-wise wind potential and installed capacity (MW) in India
10.212.3
14.416.8
20.024.5
28.1
FY07 FY08 FY09 FY10 FY11 FY12 FY13
CAGR (2007–13): 18.4%
Share of renewable energy in India’s total energy mix rose from 7.8% in FY08 to 12.3% in FY13
India was the world’s fifth largest wind energy producer in 2013
Wind power in India is forecasted to reach 89 GW of installed capacity by 2020, according to the Global Wind Energy Council (GWEC)
68%
13%6%
0.3%
Wind Energy (19.1 GW)
Bio Energy(3.6 GW) Solar Energy
(1.7 GW)
Others(0.1 GW)
AndhraPradesh
Gujarat
Karnataka
Maharashtra
Rajasthan Others
TamilNadu
Estimated Potential (MW)
Installed Capacity (MW)
14,1527,162
14,497448
13,5932,135
5,9613,022
35,0713,175
5,0502,685
14,463425
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Compiled by: Hemnabh Varia
India has transformed into an attractive investment destination in the renewable energy
landscape with installed capacity witnessing strong growth in recent years. With the ongoing
government support such as the Jawaharlal Nehru National Solar Mission , the sector is expected
to continue the growth momentum going forward. Wind energy is expected to be the key driver of
overall renewable energy growth in the country as the new Indian government aims to add 10GW
of wind energy capacity annually.
Aranca’s Views
Tamil Nadu, Gujarat, Karnataka and Andhra Pradesh are the most attractive states in terms of wind power installation in the country
13%Small Hydro Energy (3.6 GW)