As the renewable energy sector in India looks set to take off with regulatory and financial support from the government, Gamesa is strengthening its position as a major wind energy player.
The company recently announced that it will deliver wind turbines with total generation capacity of 46 MW to various companies. The company will supply 23 wind turbines of 2 MW capacity each which will be installed across three different wind farms.
The wind farms are located in the states of Tamil Nadu, Karnataka, and Rajasthan. Such wind farms are generally developed by a group of small and medium enterprises that intend to generate electricity for their own use. Such co-operative wind farms have become common in Rajasthan and southern states where the demand for electricity is significantly higher than its supply.
Companies find such wind farms attractive assets as they can share the total cost of investment and also receive significant incentives from the state governments. Such wind farms are eligible for incentives such as low transmission charges.
These wind farms have become especially popular among the companies in the southern states as the supply-demand gap in these states is significantly higher than in other states. As a result, several companies have chosen to pool their resources and set up their own wind energy projects through a single wind energy solutions provider — such as Gamesa. The wind energy company, like Gamesa and Suzlon Energy, provide end-to-end solutions to set up and operate the wind farms. The industrial consumers can thus get access to electricity that is much cheaper than what is available through the utilities, if they can supply it at all!
Gamesa is upbeat on the Indian wind energy sector where the government is pushing for reforms and very ambitious targets. India plans to add 70-80 GW of wind energy capacity by 2022. This translates in about 10 GW of annual wind energy capacity addition, almost 3-4 times the current annual capacity addition.
Image Credit: Gamesa
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