India is the fourth largest wind market in the world and is aggressively expanding its renewable energy portfolio. The country is looking at increasing its base to 500 GW of RE capacity by 2030, which is expected to come to a large extent, from Wind Energy. The center has announced bids for 8 GW of […]
Suzlon Bankruptcy Suzlon Energy, India’s green poster child has finally fallen into a debt death spiral. The wind turbine giant is heavily debt-laden and is unable to honor its commitments. The company always had huge debt commitments Suzlon which is India’s largest pure-play green company and one of the largest wind turbine manufacturers globally has faced challenges in […]
Should You Buy Suzlon stock Now? The Indian stock market had recently seen a large number of stocks of highly leveraged companies fall after the Essel group issues. The whole problem started after one of India’s largest infrastructure groups IL&FS defaulted on its debt repayments. The IL&FS group which was a large conglomerate of companies in […]
Can India really Install 6GW Wind Capacity in FY18 Suzlon chairman Tulsi Tanti thinks that India can do 6 GW of wind energy capacity next year after India installed 5.4 GW of wind capacity in FY17. This record breaking capacity addition was a one off since the wind energy industry faced a huge amount of […]
Suzlon has been making a royal song and dance about getting into the solar industry in India. The company which is one of the world’s biggest maker of wind turbines and is a large wind farm developer in India had fallen into hard times. Its massive debt burden had pushed the company into the brink […]
Suzlon Suzlon has become India’s largest wind turbine seller once again, with a 20% share of the India market. But Gamesa has emerged as the real star after almost quadrupling its sales last year, to become a very close No.2. Others in the top 5 are also foreign turbine makers such as Enercon and General […]