Scope of Small Wind turbines in india and the world
Small wind turbines (SWTs) are gaining traction as a decentralized renewable energy solution, offering clean and sustainable power for residential, agricultural, and small-scale industrial applications. Their scope is expanding due to advancements in technology, supportive government policies, and increasing demand for off-grid and hybrid energy solutions. 1. Small Wind Turbines: An Overview Small wind turbines are typically defined as turbines with a capacity of up to 100 kW . They are used for distributed power generation and are particularly effective in remote locations, islands, and rural electrification programs. 2. Global Scope of Small Wind Turbines 2.1 Growth and Market Trends The global small wind turbine market was valued at around $1.2 billion in 2023 and is projected to grow at a CAGR of 10-12% over the next decade. Leading markets include the United States, China, Germany, the United Kingdom, and Japan . Small wind turbines are increasingly being integrated with solar ...