Tag Archives: Wind Energy

Tulsi Tanti states the role of REPower in Suzlon Growth Strategy

https://encrypted-tbn1.google.com/images?q=tbn:ANd9GcT7LvdfTOYJ3PY1NateCqrI0HufG6l6B33K80K_TnzxkeZDn317Mr Tulsi Tanti chairman of Suzlon has said that Suzlon Energy plans to focus on emerging markets, while its German subsidiary REpower Systems will address the developed markets under the new strategy to boost profits by increasing market share and cutting costs.

Suzlon Energy, which recently completed the acquisition of REpower, will embark on a new strategy from January to help the world’s third-largest windturbine maker increase market share to 9% by 2012-13 from 7% now.

In the short term, this would lead to a 2% improvement in market share and 2% improvement in earnings before interest, tax and depreciation margin. We would make an overall savings of $200 million in the next financial year (2012-13).  The process of acquiring 100% in REpower Systems went on for almost four years since Suzlon first acquired stake in the company in 2007. Continue reading Tulsi Tanti states the role of REPower in Suzlon Growth Strategy

Suzlon Energy Gets 21 MW Order From Grant County Wind Farm, Minnesota, USA

Suzlon Energy Limited has informed the Exchange that “Suzlon Wind Energy Corporation, the USA, a step-down wholly owned subsidiary of the Company has received a new order for the community-based Grant County Wind Farm in South-Western Minnesota, USA. Developed by Juhl Wind (Juhl) of Woodstock, Minnesota, the project consists of 10 Suzlon S88 2.1 MW wind turbines and at full capacity will produce 21 megawatts, enough energy to power 7,000 homes in the area. Construction on the site has already begun and the wind farm is expected to be in the area. Construction on the site has already begun and the wind farm is expected to be in commercial operation in the first quarter of 2010.”