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INTERVIEW - Suzlon has plans for global markets in the coming years

Suzlon wind turbine. Author: Suzlon Group. License: All Rights Reserved.

Feb 13 (Renewables Now) - Suzlon Energy Ltd (BOM:532667) exported 5% of its total wind turbine production to markets outside India, the company’s chairman and managing director, Tulsi Tanti, told Renewables Now.

“For this year, we have some 5% capacity that will be allotted to the international market,” the executive said. “Although this year our focus is India, we do have plans to pursue the international markets aggressively in the coming years. The overseas markets that we intend to expand are the United States, Turkey, Spain, Brazil and South East Asian countries,” Tanti added.

Suzlon, the Indian wind turbine maker which also has some solar projects in progress, currently has presence in 19 markets and operates wind R&D facilities in Germany, the Netherlands, Denmark, China and India, the executive said. “This year, we established the Blade Science Centre at Vejle, Denmark with a view to capitalise on the technology expertise of the region.”

Commenting on the outlook for the domestic market, the executive said that Suzlon aims to install 20 GW of renewable energy within the next six years. “This is more than our installations until date but, this achievement is well within reach.”

Suzlon has so far installed over 10 GW of wind in India.

RECENT DEALS

In January, the Indian company secured an order for a 105-MW wind power project from Hyderabad-based Axis Energy Group. The wind park will be built in Andhra Pradesh state and consist of 50 2.1-MW turbines.

“This win is important to us as this is our maiden venture with Axis Energy Group and we look forward to forge a solid partnership with them,” Tanti said. “The order win aids us in fulfilling our commitment of developing 4,000 MW of renewable energy projects in Andra Pradesh in the next five years.”

Suzlon also recently secured a repeat order of 226.8 MW from a leading Independent Power Producer (IPP) for another project in Andhra Pradesh. Under this new contract, the company will install 108 units of 2.1-MW machines.

On Friday the company reported results for the April-December period, including strong growth in profits.

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