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India Takes a Bold Step in Offshore Wind Energy: Viability Gap Funding Approved

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India Takes a Bold Step in Offshore Wind Energy: Viability Gap Funding Approved

In a significant milestone for renewable energy, the Union Cabinet of India, under the leadership of Prime Minister Shri Narendra Modi, has given the green light to the Viability Gap Funding (VGF) scheme. This groundbreaking initiative will support India’s first-ever offshore wind energy projects, with a substantial investment of ₹7,453 crore (approximately $1 billion). The goal is to install and commission 1 GW of offshore wind capacity, with 500 MW each off the coasts of Gujarat and Tamil Nadu.

This ambitious project not only marks a new era in India’s energy landscape but also aligns with the country’s National Offshore Wind Energy Policy, introduced in 2015. Offshore wind energy, known for its higher efficiency and reliability compared to onshore wind and solar projects, also offers significant employment opportunities. By making these projects financially viable, the Indian government is ensuring that distribution companies (DISCOMs) can purchase power at competitive rates.

Key to the success of these projects is the development of necessary infrastructure. The Power Grid Corporation of India Ltd (PGCIL) will be responsible for creating the power evacuation systems, including offshore substations. Additionally, ₹600 crore will be allocated for upgrading two major ports, critical for handling the large and heavy equipment required for offshore wind projects. The Ministry of Ports, Shipping, and Waterways will oversee these upgrades, ensuring that the logistical needs of the projects are met.

The completion of these 1 GW projects is expected to generate approximately 3.72 billion units of renewable electricity annually, significantly reducing India’s carbon dioxide emissions by 2.98 million tons each year. Moreover, this initiative is set to catalyze further development, with the potential to unlock an additional 37 GW of offshore wind capacity, requiring an estimated ₹4,50,000 crore (around $60 billion) in investment.

India’s venture into offshore wind energy not only propels the nation towards its ambitious renewable energy goals but also sets the stage for broader ocean-based economic activities. This initiative is a key step in India’s energy transition journey, promising a cleaner and more sustainable future.

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WindEnergy Hamburg 2024 powers up: Collaboration is key to a successful energy transition

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WindEnergy Hamburg 2024

WindEnergy Hamburg 2024 is sending a powerful signal: At the official opening ceremony, with Vice-chancellor Robert Habeck attending remotely by video, leading representatives from politics and the industry emphasised the importance of clear regulations and international cooperation in driving the energy transition. Dr. Melanie Leonhard, Hamburg’s Senator for Economics and Innovation, emphasized the radiance of WindEnergy Hamburg in her speech. As the perfect platform to promote these efforts, WindEnergy Hamburg features more than 1,600 exhibitors and over 200 conference slots.

“From turbine technology and grid expansion to storage and smart AI solutions, renewable energy is, of course, front and centre at WindEnergy Hamburg. But like every trade fair, WindEnergy Hamburg thrives on the live interaction of people, and we are excited to see so many participants devoting all their energy and commitment to making this event special,” said Heiko M. Stutzinger, CEO of Hamburg Messe und Congress, at the opening of WindEnergy Hamburg. The expo chief and his team have invited top-flight guests: Robert Habeck, Federal Minister for Economic Affairs and Climate Protection, participated remotely in the opening ceremony of the world’s leading wind industry expo, which celebrated its inauguration ten years ago. This was followed by international government and industry representatives discussing the opportunities and challenges brought about by the energy transition:

Udo Bauer, CEO – Enercon, representing VDMA Power Systems

José Luis Blanco, CEO – Nordex Group / Chairman – WindEurope

Lee Chuan Teck, Executive Chairman – Enterprise Singapore

Zafer Demircan, Vice Energy Minister, Republic of Türkiye

Bärbel Heidebroek, CEO – Landwind Group / Chairwoman – BWE

Kaspars Melnis, Minister for Climate and Energy, Latvia

Andrew Mitchell, British Ambassador to Germany

Dr. Philipp Nimmermann, State Secretary at the Federal Ministry of Economics and Climate Protection, Germany

Parviz Shahbazov, Energy Minister, Republic of Azerbaijan

Tinne Van der Straeten, Energy Minister, Belgium

Girish Tanti, Vice-Chairman – Suzlon Group / Vice-Chair – GWEC, India

WindEnergy Hamburg 2024

WindEnergy Hamburg 2024

Wind energy in Europe: Paving the way to energy independence

Wind energy currently covers 20 per cent of Europe’s energy consumption. Governments want this share to rise to 35 per cent by 2030, and to more than 50 per cent by 2050. Philipp Nimmermann, State Secretary at the Federal Ministry of Economics and Climate Protection, stressed that Germany is spearheading these efforts, having increased the speed of wind energy expansion significantly. “We are seeing record numbers of approvals and contract awards in tender processes, but the industry is capable of even more,” stated Bärbel Heidebroek, CEO of Landwind Group and Chairwoman of the German Wind Energy Association (Bundesverband Windenergie, BWE). Latvia, after constructing LNG storage facilities and building up its renewable energy capacity, is almost fully independent from Russian natural gas today. The country wants to generate all of its power from renewable sources by 2030. To realise this vision, Latvia is planning to install 1.5 to 2 GW of additional wind energy capacity, said the Latvian energy minister Kaspars Melnis. “This minimises our dependence on imported power while allowing us to operate without fossil fuels.”

Tackling challenges: Investments and infrastructure

When expanding wind energy capacity, it is important to keep an eye on the entire energy value chain, said José Luis Blanco, Chairman of WindEurope and CEO of Nordex Group. “It is about energy security, competitiveness, and resilience: bottlenecks like electricity grids and transport infrastructure need to be addressed in acceleration of new wind power deployments.” Udo Bauer, CEO of wind turbine manufacturer Enercon and representative of the industry association VDMA Power Systems, emphasised the importance of fair competition in the market amid growing pressure from non-European market participants: “We need a level playing field that ensures equitable competition in Germany and Europe and punishes price dumping. The industrial policy framework for the onshore wind segment must give us a chance to continue investing in Germany and Europe.”

Global cooperation: Opportunities and synergies

The second discussion panel, which included Girish Tanti, Vice-Chairman of Suzlon Group and Co-Chair of the Global Wind Energy Council (GWEC), drew attention to the international dimension of the energy transition. The experts agreed that the global North, which has been at the front line of the green energy revolution so far, needs the support and capabilities of the global South when it comes to cost-efficient technologies and supply chains that can help realise the full potential of renewable energies.

This means that countries like Azerbaijan must come aboard: The host country of COP29, the next United Nations Climate Conference, looks back on a long fossil fuel history but is now showing openness for change. Needing a total of 10 GW of green energy generation capacity to cover its domestic energy need, decarbonise, and export energy, Azerbaijan wants to integrate an initial 2 GW into its energy system in the coming years. In this context Lee Chuan Teck from Enterprise Singapore underlined the importance of global collaboration: “In the journey towards clean energy, there is scope for more enterprises in Europe and Asia to work together to access each other’s technologies, capabilities and markets.” Leveraging these synergies is a must for a successful fight against climate change.

WindEnergy Hamburg – a global hub

“WindEnergy Hamburg is the main hub for the wind power industry: It brings together all major global stakeholders of the wind industry and fosters close interaction,” said Claus Ulrich Selbach, Business Unit Director Maritime & Technology Fairs at Hamburg Messe und Congress. For four days, innovation, investments and the future of wind energy are in focus at WindEnergy Hamburg, a trade fair that presents unique opportunities to establish new business partnerships and join hands in exploring solutions to the global challenges of the energy transition.

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Türkiye is the leader of the global wind industry, one of the most important investment addresses

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Türkiye, which has great potential in all disciplines of renewable energy resources with its geographical location, tectonic structure and climate, is becoming the address for investments on a global scale with the “National Energy Action Plan” announced by the public authority to the whole world in 2023.

Türkiye, which has exceeded the installed power level of 12 thousand MW in wind energy as of July 2024, ranks 12th in the world and 5th in Europe with this success. With more than 4 thousand wind turbines in 280 power plants built with more than 100 local and foreign investors, wind alone meets 11 percent of Turkey’s electricity needs.

While we care about this important success of Türkiye, which aims to commission at least 1500 MW of wind energy installed power every year until 2035, we know that we are far below our country’s potential.

According to the National Energy Action Plan, Türkiye’s wind energy installed power will increase to 29 thousand 600 MW in 2035. Among this installed capacity, our offshore wind energy installed power will be only 5 thousand MW.

This goal tells us:

We will do approximately 3 times more in the next 12 years than we did in the last 26 years.

In other words, we have a lot of work to do in the wind energy sector, we have a long way to go and we won’t have a minute to waste.

In offshore wind energy, where we are at zero point today, our potential installed power, announced by the World Bank and whose measurement has been completed, is at the level of 75 thousand MW.

Our installed capacity target is one 15th of our potential.

In light of all this data, we, as the Energy Industrialists and Business Association (ENSİA), are working to ensure that our country has a say in the wind industry.

Chairman of the Board of ENSİA Alper Kalaycı

Chairman of the Board of ENSİA Alper Kalaycı

As ENSIA, which attaches importance to companies based in Turkey having a say and decisions at every stage of the value chain created by the industry, we are participating in WindEnergy Hamburg, one of the most important global meeting points of wind energy, to introduce the potential of our country and to create value for our members as a cluster. For this reason, we have very high expectations from WindEnergy Hamburg, with our companies producing in the main and sub-industries of the industry.

ENSİA, which has the vision of “transforming Turkey into an international center producing equipment, technology and projects in the field of clean energy”, adopts creating accurate information and awareness about the clean energy sector as its main goal.

Our Association employs more than 60 thousand members; As of today, it is a non-governmental organization capable of managing two European Union-funded projects and one Ur-Ge ( Supporting the Development of International Competitiveness) project at the same time…

Likewise; We share the problems, expectations and suggestions that closely concern our sector with our public and decision makers through our press; We record our constructive and restorative suggestions in the corporate memory of our sector.

In this regard, we need to underline that we are among the most active civil society organizations in the Turkish energy sector.

We are going to implement projects that will create more value for our industry and our members, together, with common sense, and by taking reason and science as our guide. With these thoughts, we say hi to ‘’WindEnergy Hamburg’’.

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Windergy India 2024 is Recognised as One of the Fastest Growing Shows in India

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Windergy India, the premier event in the wind energy sector, is set to return for its highly anticipated sixth edition from October 23-25, 2024, at the Chennai Trade Centre. Recently, Windergy India 2024 was recognised as the India’s Fast-Growing Show at the Exhibition Excellence Awards 2024 is set to bring together the innovators, policy makers, regulators and key players in the wind energy industry. This event is hosted by Indian Wind Turbine Manufacturers Association (IWTMA) in collaboration with PDA Ventures Pvt Ltd, a Bangalore-based Trade Fair Organisers.

The upcoming event will once again combine a 3-day trade fair with a 2-day conference featuring keynote speeches, thought-provoking panel discussions, special addresses, and technology presentations by senior bureaucrats, industry leaders, academics, and subject-matter experts. This exclusive platform aims to facilitate interactions and engagements with policymakers, regulatory authorities, and domestic and international technology, solution, and service providers from the wind energy sector.

Supported by the Ministry of Power, Ministry of New and Renewable Energy and various associations and organisations including the Indian Wind Power Association, Green Hydrogen Organisation, Wind Independent Power Producer Association (WIPPA), India Energy Storage Alliance (IESA), and many other associations, the event aims to bring together wind energy professionals from India and around the world.

The Conference topic for Windergy India 2024 will be ‘Wind: Powering India’s Energy Transition’ and represents our commitment to driving India’s journey towards a sustainable and greener future. The conference is designed with a series of informative panel discussions on policy and regulatory frameworks, market trends, financing options, and cutting-edge technological advancements acting as the catalyst for disruptor thoughts and ideas.

Windergy India 2024 will feature approximately 250 exhibitors from various sectors such as original equipment manufacturers (OEMs), component manufacturing, composites, drones, electrical components, fibre optic attenuators, filtration, gripping solutions, hydraulics, industrial automation, industrial equipment, aluminium material, coating, independent power producers (IPPs), laser projection systems, lifts, cranes, logistics, lubrication, mechanical power transmission products, offshore engineering, service providers, software, technical consultants, and media.

Windergy India will be hosting pavilions from Denmark and Spain, demonstrating their dedication to collaborating with India in advancing the wind energy sector. The trade fair

will showcase exhibitors from various countries including Germany, Spain, France, the United States of America, China, Sweden, Norway, Italy, Netherlands, Switzerland, Brazil, and Japan, making Windergy India an international event.

To accommodate the growing interest and space requests from exhibitors, the organizers have added an extra hall at Windergy India 2024. The robust and indigenous supply chain of the wind energy sector will be prominently displayed at the event.

Registration to visit Windergy India 2024 is now open. Visit windergyindia2024.com for more information on registration, exhibition opportunities, sponsorship packages, and the event agenda.

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