India targets 30GW of offshore wind capacity by 2030
RWE and Tata to explore Indian offshore wind
Companies agree to work together to identify potential projects in untapped market as government works on regulation for first auctions
German utility RWE is lining up a potential move into India’s undeveloped offshore wind sector together with Tata Power, one of the country’s largest integrated power companies. The two firms have signed a memorandum of understanding to explore potential projects in the country, which has no operating offshore wind capacity despite a coastline of about 7,600km. The government has set an ambitious goal of 30GW of offshore wind capacity by 2030, which would see it become one of the largest players in the sector. “India has excellent wind resources, which can help to meet the country’s increasing energy demands. If clear regulations and an effective tender scheme are in place, we expect India’s
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