India to Step Beyond Renewable Goal With China-Scale Tenders
- Minister talks about installations beyond 200-gigawatt target
- India to tender more than 30 gigawatts a year until 2020
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In a bid to exceed Prime Minister Narendra Modi’s climate pledges, India announced that it will tender enough renewable energy projects over the next three years to surpass 200 gigawatts of green capacity build by 2022.
India declared a three-year program towards tenders for renewable energy projects that will meet its original target of 175 gigawatts of clean-energy capacity within five years, in addition to plans to spur local solar equipment manufacturing that will help push past the goal. It’s also looking at ways to export more wind turbines, a measure that may benefit Suzlon Energy Ltd.