MEC Intelligence (MEC+) and Global Wind Energy Council India (GWEC India) have announced that the two organisations have signed a Memorandum of Understanding (MoU) to work together on building out market intelligence and policy recommendations to accelerate India’s energy transition.
The partnership will aim to address key bottlenecks slowing down wind market growth, and illustrate the potential for new growth opportunities such as offshore wind and corporate procurement of renewable energy. The MoU follows after the previous cooperation of the report, ‘India Wind Outlook Towards 2022’, published jointly in 2020 which highlighted market challenges and policy reforms needed to restore wind market growth. Under this enhanced partnership, MEC+ will join GWEC India as a member, further enabling the association’s capacity to improve the environment in India for wind sector growth. The two organisations will continue to publish a flagship annual report on India’s wind market status and outlook.