India to auction 12GW offshore wind by mid-decade
The country plans to begin bidding process for first blocks offshore Tamil Nadu this year
India’s Ministry of New and Renewable Energy will auction 4GW of offshore wind off the coasts of Tamil Nadu and Gujarat every year for the next three years. The ministry also plans to subsequently bid out 5GW of capacity every year for a period of five years up to 2030. The first auction for blocks off the coast of Tamil Nadu is planned for within the next 3-4 months. India has set an ambitious target to deploy 30GW of offshore wind by 2030. While it is one of the largest global markets for installed onshore wind capacity, it has no operational offshore wind projects. 30GW – Targeted offshore wind capacity by 2030 “India has a mature domestic wind supply chain, but it is not designed

Also in this section
30 November 2023
Negative pricing has become more frequent in European energy markets, and GB markets are now experiencing a similar increase
29 November 2023
Preparations underway for inclusion of cement, aluminium and steel producers in world’s largest compliance market by 2030
28 November 2023
European Commission earmarks cross-border projects for funding and fast-tracks carbon management strategy as pressure grows to kickstart CCS sector
27 November 2023
Progress in decarbonisation but significant challenges lie ahead