Search and Filter Through Our Comprehensive Database of Renewable Energy Projects and Tenders in India
Identify and track latest renewable energy projects (upcoming, ongoing/under-construction, completed), tenders, and contract awards. Our extensive database and user-friendly interface make it easy for you to find the right business opportunity in India.
India Renewable Energy Industry Analysis
India is a country that has made significant strides in the renewable energy sector in recent years. The country has set an ambitious target of achieving 175 GW of renewable energy capacity by 2022, including 100 GW of solar power, 60 GW of wind power, 10 GW of biomass, and 5 GW of small hydro power.
Currently, the renewable energy industry in India is dominated by solar and wind power, which together account for more than 90% of the country's installed renewable energy capacity. The growth of the industry has been driven by a combination of factors, including government policies and incentives, declining costs of renewable energy technologies, and increasing demand for clean energy.
One of the major drivers of the industry is the government's push towards renewable energy. The government has implemented several policies and incentives to encourage the growth of the renewable energy sector, including subsidies, tax incentives, and renewable energy targets. The government's ambitious target of achieving 175 GW of renewable energy capacity by 2022 has also played a significant role in driving the growth of the industry.
Another major driver is the declining costs of renewable energy technologies. The cost of solar and wind power has decreased significantly in recent years, making it more competitive with traditional sources of energy. This has led to an increase in demand for renewable energy, particularly from commercial and industrial sectors.
The increasing demand for clean energy is also a major driver of the industry. India is one of the world's largest polluters, and the country has been grappling with air pollution and environmental degradation for years. The increasing demand for clean energy is driven by the need to reduce greenhouse gas emissions, improve air quality, and protect the environment.
Looking ahead, the outlook for the renewable energy industry in India is bright. The government has set a target of achieving 450 GW of renewable energy capacity by 2030, which includes 280 GW of solar power, 140 GW of wind power, and 10 GW of biomass. The industry is expected to continue to grow, driven by government policies and incentives, declining costs of renewable energy technologies, and increasing demand for clean energy.
In conclusion, India's renewable energy industry is poised for significant growth in the coming years, driven by government policies, declining costs of renewable energy technologies, and increasing demand for clean energy. The industry's continued growth will play a critical role in India's efforts to reduce greenhouse gas emissions, improve air quality, and protect the environment.
Looking for a List of Renewable Energy Projects in India?
Are you searching for renewable energy projects and tenders in India?
We have compiled the most comprehensive and up-to-date database of global projects and tenders to quickly find opportunities needing your services.
Blackridge Research's Global Project and Tender database is a valuable resource for EPC companies, general contractors, subcontractors, manufacturers, suppliers, operation & maintenance (O&M) companies, investors, consulting companies, and law firms looking for new business opportunities.
Our database includes all the essential project details, contact information of project owners and stakeholders, making it easy for you to establish your connection and grow your business.
Free! No Strings Attached :) 
