India to miss 2022 offshore wind target

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India is set to miss its first national offshore wind target for 2022 and will find a 30GW ambition by 2030 challenging. It will be too tight” to hit the 5GW target set by the Indian government in mid-2018 in an effort to kick-start the offshore wind industry there. The target can be extended to 2023 or 2024, because with the global experience three years are required for the construction stage. But in longer term the sector could play a big role in meeting India’s burgeoning power needs. According to BNEF estimates, “India will use more electricity than the whole of Europe by 2038, by 2045 more than the US”.

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