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HomeSuzlon

Suzlon

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Financings

Suzlon Energy acquires 51 per cent equity in Renom; turns latter into its subsidiary

September 9, 2024

Suzlon Energy Limited has acquired 51 per cent equity share capital in Renom Energy Services and made it a subsidiary of the company. Suzlon has spent Rs 4 billion to acquire the company from the […]

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Financings

Suzlon to acquire 76 per cent stake in Renom

August 9, 2024

The Suzlon group has announced plans to buy 76 per cent stake in Renom Energy Services Private Limited in two tranches from the Sanjay Ghodawat Group. In the first tranche, 51 per cent equity will […]

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Financings

Suzlon’s first quarter profits surge to Rs 3.02 billion

July 24, 2024

Suzlon Group reported a profit of Rs 3.02 billion in their first quarter of financial year 2024-25, a 200 per cent year-on-year increase. They also had the highest Q1 deliveries in seven years at 274 […]

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Projects

Suzlon secures 551.25 MW order for its 3 MW series from Aditya Birla

May 31, 2024

Suzlon Group has secured a new order for the development of 551.25 MW wind power project for the Aditya Birla Group. Suzlon will install 175 wind turbine generators with a hybrid lattice tubular tower and […]

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Projects

Suzlon secures 402 MW contract for its 3 MW wind turbines

May 24, 2024

Suzlon Group has secured a 402 MW contract from Juniper Green Energy for its 3 MW wind turbine generators (WTGs). The project is situated in Fatehgarh district in Rajasthan. Suzlon is set to deploy 134 […]

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Projects

Suzlon secures 72.45 MW contract for its 3 MW wind turbines

March 12, 2024

Suzlon Group announced that it has secured a 72.45 MW contract from Juniper Green Energy for its 3 MW wind turbine generators (WTGs). The project is situated in Dwarka district in Gujarat. Suzlon is set to […]

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Projects

Suzlon bags 47.6 MW of wind power project from KP Group

July 11, 2023

Suzlon Group has announced a new order win for the development of a 47.6 MW wind power project for KP Group.The project will be located at Vagra in Bharuch district of Gujarat. Suzlon will supply  […]

Finance

Weak Financials: Quarterly performance of select renewable energy companies

September 25, 2019

Several renewable energy companies have been facing financial difficulties over the past few years due to an uncertain policy environment and changing market dynamics. Falling tariffs, safeguard duties, inadequate transmission networks and the dwindling rupee […]

Finance

Revenue Slide: Quarterly results of select solar and wind power companies

March 24, 2019

By Sarthak Takyar Renewable energy companies are facing increasing financial pressure. Their profit margins are shrinking owing to falling tariffs; meanwhile, the cost of domestic finance continues to be high. While tariffs have stabilised somewhat […]

Interviews

Interview with J.P. Chalasani: “The wind segment is likely to grow at 10 GW per year after 2020”

September 27, 2018

At a recent Renewable Watch conference on “Wind Power in India”, J.P. Chalasani, group chief executive officer, Suzlon, spoke about the emerging trends in the Indian wind power space, the current and potential challenges, the […]

Interviews

Feeling the Pressure: Developers’ outlook on wind tariffs, consolidation and capacity utilisation

September 26, 2018

The wind industry has been facing several issues since the adoption of the competitive bidding mechanism. Market dynamics are changing rapidly. Wind tariffs have reached a new normal, which is more acceptable for discoms. However, […]

Companies

Mixed Results: Performance of key solar and wind power companies

August 24, 2018

By Kushboo Goyal and Smriti Mehra The year 2017-18 has been an eventful year for both the solar and the wind energy segment. While large capacities were tendered by the central and state agencies, many […]

Finance

Weakened Financials: Profitability declines as companies adjust to new price dynamics

December 31, 2017

The Indian renewable energy sector has witnessed significant changes in 2017. The most significant of these has been the transition in the wind energy segment from the feed-in tariff (FiT) regime to competitive bidding. Both […]

Finance

Positive Trend: Strong profits reported on the back of high revenues

January 6, 2017

The Indian renewable energy sector witnessed interesting developments during 2016. These included multiple regulatory changes, which are expected to have strong repercussions on the market by the end of the financial year. The wind segment […]

Companies

“Huge opportunity in wind-solar hybrids”: Views of Suzlon Group’s Tulsi Tanti

January 6, 2017

Wind turbine maker Suzlon Energy has taken several transformational steps in line with its strategic vision, paving the way for its future growth. In an interview with Renewable Watch, Tulsi Tanti, chairman and managing director, […]

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