Mumbai, Jan. 31 -- India added over 800 MW of wind power capacity in the fourth quarter (Q4) of calendar year (CY) 2024, up 45.1% year-over-year (YoY) from 551 MW. The capacity additions surged 13.3% quarter-over-quarter (QoQ) from 706.6 MW, according to Mercom India Research.
Increasing demand for wind-solar hybrid power and improvement in the wind turbine supply chain with project developers undertaking construction and erection activities reduced commissioning timelines. The increased focus of commercial and industrial (C&I) consumers on meeting corporate sustainability goals further drove the installations in the quarter.
A significant increase in auctioned wind projects and increasing demand for hybrid, firm, and despatchable renewable energy (FDRE) and round-the-clock (RTC) by C&I consumers and distribution companies (DISCOMs) will likely see more wind installations in the coming quarters.
Recently, Corcord Biotech signed an agreement for renewable power from a 9.9 MW wind-solar hybrid power project. Bharti Airtel announced that it would procure power from a 50 MW wind-solar hybrid power project in Rajasthan.
Tamil Nadu led the installations in Q4, adding 366.6 MW. Gujarat, Karnataka, and Maharashtra added 264.6 MW, 166.9 MW, and 2.1 MW, respectively.
Published by HT Digital Content Services with permission from Construction World.