Suzlon bags 370 MW wind power orders in first three months of 2014

The Suzlon Group bagged contracts for wind energy capacity of 370 MW in the first three months of this year, with projects spread across Europe and India.

The wind power major will supply turbines for wind farms in Germany, the UK, India, Belgium and other European nations.

In the fourth quarter of financial year 2013-14, the company signed contracts for 370 MW, it said in a statement on Friday.

“The orders represent not only the rapid globalisation of our business, but also the value proposition Suzlon has to offer to its clients,” Suzlon Group head (corporate finance) Kirti Vagadia said.

Group firm Senvion SE chief executive Andreas Nauen said the company has suitable turbines for each individual site in its product portfolio. “That’s why we are optimistic to extend our market share in Senvion’s key markets.”