Suzlon Group, India’s largest renewable energy solutions provider, announced its second quarter results for the financial year 2022-23 (Q2 FY23). Girish Tanti, Vice Chairman, Suzlon Group, said, “India has recorded an installation of 164.9GW* of renewable energy as on 30th September 2022, reflecting a healthy recovery of the sector despite the disruptions of the pandemic … Continue reading Suzlon announces Q2 FY23 Results
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Suzlon secures an order of 48.3 MW from Adani Green Energy
Suzlon Group, one of India’s largest renewable energy solutions providers, today announced a new order win for the development of a 48.3 MW wind power project for Adani Green Energy Ltd., India’s leading IPP. Suzlon will install 23 units of their wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated … Continue reading Suzlon secures an order of 48.3 MW from Adani Green Energy
Continue readingSuzlon secures order of 144.9 MW from The Aditya Birla Group
To supply 69 wind turbines with a rated capacity of 2.1 MW each. Project to be completed in 2023 at sites in Gujarat and in Madhya Pradesh, with a total installed capacity of 144.9 MW.Green power from the project will go for captive use for their manufacturing facilities and other needs thereby helping create a … Continue reading Suzlon secures order of 144.9 MW from The Aditya Birla Group
Continue readingSembcorp awards a new 180.6 MW wind order to Suzlon
Supply 86 wind turbines with a nominal power of 2.1 MW each. Wind farm to be completed by 2024 in Kanakagiribad, Bagalkot, Karnataka, with a total installed capacity of 180.6 MW, contributing to India’s national renewable energy targets.This order is part of the bid won in SECI Tranche XI auctions by Sembcorp, which has operations … Continue reading Sembcorp awards a new 180.6 MW wind order to Suzlon
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Suzlon announces Q4 FY21 Results
Suzlon Group, India’s largest renewable energy solutions provider, announced its fourth quarter (Q4 FY21) and annual audited results for financial year 2020-21 (FY21). Tulsi Tanti, Chairman and Managing Director, Suzlon Group said, “It was an unprecedented and challenging year where economies around the world were impacted by the COVID-19 pandemic. Unfortunately, India was and still … Continue reading Suzlon announces Q4 FY21 Results
Continue readingSuzlon secures new order for 252 MW wind turbines from CLP India
Supply 120 S120-140m HLT wind turbines with a nominal capacity of 2.1 MW each. Wind farm will be completed in 2022 in Sidhpur, Gujarat with a total installed capacity of 252 MW. Part of the bid won by CLP India within the framework of the Wind Tranche VIII Bid issued by the SECI.A wind project … Continue reading Suzlon secures new order for 252 MW wind turbines from CLP India
Continue readingSuzlon announces Q3 FY21 Results
Suzlon Group, India’s largest renewable energy solutions provider, announced its third quarter results for the financial year 2020-21 (Q3 FY21). Ashwani Kumar, CEO, Suzlon Group said, “The theme of the Q3 of FY 21 has been ramping up of operations and getting business back on track. This quarter, we were able to increase our pace … Continue reading Suzlon announces Q3 FY21 Results
Continue readingSuzlon appoints Ashwani Kumar as Group Chief Executive Officer
Suzlon Group, India’s largest renewable energy solutions provider, announced today that it has appointed Mr. Ashwani Kumar as its Group CEO. Ashwani Kumar, with over three decades of experience in the areas of projects, business development and finance at leading Indian Power and Infrastructure companies is a Mechanical Engineer, and an alumnus of IIM Bangalore … Continue reading Suzlon appoints Ashwani Kumar as Group Chief Executive Officer
Continue readingSuzlon Energy loss widens to nearly Rs 399 cr in June quarter
Suzlon Energy COO V R Tanti said the COVID-19 pandemic and the implementation of the debt restructuring which was completed on June 30, 2020, impacted the wind turbine generator (WTG) business in the first quarter. Suzlon Energy on Saturday reported widening of its consolidated net loss to Rs 398.86 crore in the April-June quarter compared … Continue reading Suzlon Energy loss widens to nearly Rs 399 cr in June quarter
Continue readingThe crisis of the wind energy company Suzlon
Suzlon Group, India’s largest renewable energy solutions provider, announced its fourth quarter (Q4 FY20) and annual audited results for financial year 2019-20 (FY20). J P Chalasani, Group CEO, said, “It was a highly challenging year where the market remained restricted to very low volumes and the country witnessed only 20% capacity utilization. Suzlon has installed … Continue reading The crisis of the wind energy company Suzlon
Continue readingSuzlon successfully completes Debt Restructuring
Balance Debt of secured consortium lenders replaced by 0.01% Optionally Convertible Debenture (OCD) of the Company and 0.0001% Compulsorily Convertible Preference Shares (CCPS) of its subsidiary redeemable or convertible in 20 years. Suzlon Group, India’s largest wind energy solutions provider, announced the completion of its Debt Restructuring. Tulsi Tanti, Founder and CMD, Suzlon Group, said … Continue reading Suzlon successfully completes Debt Restructuring
Continue readingSuzlon Shareholders approve Resolutions for Debt Restructuring
Suzlon Group, India’s largest renewable energy solutions provider, announced the outcome of its Extra-ordinary General body Meeting (EGM). J P Chalasani, Group CEO, said, “We are pleased with the outcome of the shareholder’s approval, where they have whole heartedly supported all the resolutions, clearing the path for completion of our Debt Restructuring process. Stakeholders have … Continue reading Suzlon Shareholders approve Resolutions for Debt Restructuring
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Vestas led wind turbines for wind energy in 2019
The commissioning of wind turbines for wind power increased by 21% to 61GW in 2019, with Danish manufacturer Vestas once again taking first place despite its market share being reduced and despite Vestas installing less capacity than the previous year. Only four wind turbine manufacturers accounted for 55% of the total wind capacity commissioned last … Continue reading Vestas led wind turbines for wind energy in 2019
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Wind energy in India, Siemens Gamesa and Suzlon accumulate 49% of wind turbines
Siemens Gamesa, Suzlon grab 49% of India’s wind turbine market share in 2019. Vestas, Inox Wind, GE Renewable Energy, and Envision Energy together took 47 per cent of wind power market share and the remaining 4 per cent was supplied by five other manufacturers. Wind turbine maker, Siemens Gamesa, emerged as India’s top turbine supplier … Continue reading Wind energy in India, Siemens Gamesa and Suzlon accumulate 49% of wind turbines
Continue readingSuzlon announces Q1 FY20 results
Suzlon Group, India’s largest renewable energy solutions provider, announced its first quarter results for financial year 2019-20 (Q1 FY20). J. P. Chalasani, Group CEO, said, “We continue to witness sectoral slowdown, owing to the prolonged industry transition to the bidding regime and policy uncertainty in few states. On the positive side, tariffs are stabilizing and … Continue reading Suzlon announces Q1 FY20 results
Continue readingSuzlon Energy offers to repay $1.2 bn for stressed debt settlement
India’s troubled wind-turbine maker Suzlon Energy Ltd. offered to repay about 85 billion rupees ($1.2 billion) to lenders as part of a bad-debt resolution plan, people with knowledge of the matter said. Creditors led by State Bank of India will have to take a haircut of as much as 44% on Suzlon’s debt if the … Continue reading Suzlon Energy offers to repay $1.2 bn for stressed debt settlement
Continue readingSuzlon maintains wind power market leadership in FY19
Suzlon Group, India’s largest renewable energy solutions provider, announced it’s fourth quarter (Q4 FY19) and annual audited results for financial year 2018-19 (FY19) J P Chalasani, Group CEO, said, “We continued to maintain market leadership and deliver highest installations amidst a prolonged and challenging industry transition to the bidding regime. The achievement demonstrates our strong … Continue reading Suzlon maintains wind power market leadership in FY19
Continue readingRenewable energy students tour Suzlon Wind Turbine Training Center
On April 27, renewable energy students Nick Hieb, Jason Coddington, Katelyn Donnagan, Alex Reis, Domonic Lange, Katrina Keller, and John Lechner, along with facutly advisor Matt Aldeman toured the Suzlon Wind Turbine Training Center in Elgin. The students were able to see the training center’s classroom and training equipment up close. The Suzlon Wind Turbine … Continue reading Renewable energy students tour Suzlon Wind Turbine Training Center
Continue readingSuzlon Global Services Limited wins 1st Prize at the prestigious IMC Ramkrishna Bajaj National Quality Award
Award recognizes performance excellence, quality & fostering competitiveness. Massive fleet of 8700+ wind turbines | 12+ GW | 150+ wind power sites under management. Managing assets worth INR ~75,000 crores for customers and their lenders. Managing over 35% of entire Indian wind energy installed capacity. Delivers +97.4% fleet machine availability and 9% higher generation energy … Continue reading Suzlon Global Services Limited wins 1st Prize at the prestigious IMC Ramkrishna Bajaj National Quality Award
Continue readingSuzlon well positioned to capitalise on volume growth
Suzlon Group, India’s largest renewable energy solutions provider, announced its 9 M FY19 results. J P Chalasani, Group CEO, said, “We continue to strengthen our position in the Indian wind industry with 2 orders totalling ~328 MW won from Adani Green Energy under auctions. We are on track with the execution of our order book … Continue reading Suzlon well positioned to capitalise on volume growth
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