June 21, 2018 Read More →

India expands offshore wind development effort

Recharge:

The Indian government set 5 GW and 30 GW offshore wind targets after an initial expressions of interest process (EOI) attracted a roll-call of global industry players including sector leader Orsted, a clutch of European utilities, local groups ReNew Power and Suzlon, and oil majors Equinor and Shell.

The country’s Ministry of New and Renewable Energy (MNRE) said the “keen response” to the EOI for a first 1 GW offshore project prompted it to adopt the 5 GW goal for 2022 and 30 GW by 2030 in a move designed to “give confidence” to the sector.

MNRE said the target “may look moderate in comparison to India’s onshore wind target of 60 GW and its achievement of 34 GW, and [a] solar target of 100 GW by 2022, [but] would still be challenging considering the difficulties in installing large wind power turbines in open seas”.

The first EOI, which closed for entries on 8 June, saw a ‘who’s who’ of the sector line up to be part of the action, the earliest stage of a process that is supposed to lead to an auction to build the first project backed by a 25-year PPA.

Global pacesetter Orsted and fellow European heavyweights E.ON, Engie and Innogy are all on a list of participants published by India’s National Institute of Wind Energy (NIWE), which shows various alliances of developers, OEMs and contractors seeking to meet the requirements laid out for the EOI.

Global cost reductions seen in offshore wind have convinced its supporters it has a role in India, despite the low prices of onshore wind and solar power there.

More: India sets 30 GW offshore wind goal as global players line up

 

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