A Look at the Future

1 TW

of worldwide installed wind power took over 40 years to reach. Now, we have just 7 years to install 2 TW

10.8 GW

of offshore Wind Energy installations in CY23, which brings total global offshore wind capacity to 75.2 GW

3 TW

of cumulative wind energy capacity could be achieved by 2030 with a tripling of annual wind installations

320 GW

in annual wind installations will be necessary over the next decade, demanding a rapid acceleration in global wind growth

117 GW

of global Wind Energy installations during CY23, representing a 50% hike from CY22

$ 1.8 Tn

of global investment done in low carbon energy technology in CY23, representing a 17% YOY growth

106 GW

of onshore Wind Energy installations in CY23, representing a 54% hike from CY22

18 Mn

more jobs will be created globally in renewables by 2050

106 ** GW

of new onshore wind capacity was installed worldwide within a single year, marking this as a significant milestone

Source: Global Wind Energy Council, World Economy Forum, International Renewable Energy Agency, Bloomberg NEF | Source 1 | Source 2
4 th

ranked in the world for installed capacity of Renewable Energy as of January 2024

10 GW

of exclusive Wind tenders per annum till 2027

25 +^ GW

additional Wind installation till FY28

46.74 GW

of cumulative Wind Energy sector installations by June 2024

195 GW

of global Wind Energy installations during CY23, representing a 50% hike from CY22

$ 18.17 Bn

FDI inflow between April 2000-December 2023 in Power Sector 2

122 GW

as target of Wind Energy installations by 2031-32

21 + GW

of Wind auctions in 2023 by the central and state utilities

45 %

cumulative installed capacity from non-fossil fuel sources

100 %

FDI is allowed in the Power Sector

18.5 Mn

jobs created through the green energy transition by the end of 2023

Energy consumption

has doubled over the past 20 years

Source: Ministry of New and Renewable Energy, India Brand Equity Index, Council on Energy Environment and Water | Source 1 | Source 2