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India may miss renewable energy capacity target: GWEC report

Renewable energy installation in India are falling short of the levels needed and the country is falling short of the (emission) reductions required to limit global warming to 1.5 degree Celsius, according to a report by the Global Wind Energy Council (GWEC).

This is despite the fact the world’s fourth largest energy consumer is on-track to achieve its Nationally Determined Contributions (NDC) target and contributing a fair share of the global effort to limit climate change, the report said.

“The government’s 2022 targets may also be missed, due to constraints around land allocation, grid availability, recurring financial instability of DISCOMs, tender
design and PPA sanctity,” GWEC said in its just released report Global Wind Report 2021.

India has pledged an NDC of 33-35 per cent reduction in carbon emissions intensity of its economy by 2030 compared to 2005 levels, apart from 40 per cent non fossil fuel-based power generation by 2030. The country has set a target of 175 Gigawatt of green energy capacity by December 2022 including 60 GW onshore wind.

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Source
energy.economictimes.indiatimes.com
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