Suzlon Energy defaults on $172m bond payment
MUMBAI: Debt-laden Suzlon Energy said it defaulted on a $172-million bond payment on Tuesday, as sources aware of the matter said the wind power equipment maker was in talks with several global private
MUMBAI: Debt-laden Suzlon Energy said it defaulted on a $172-million bond payment on Tuesday, as sources aware of the matter said the wind power equipment maker was in talks with several global private
European firms tap into the wind farm equipment replacement market Four new windmills made by Gamesa Tecnologica whirl beside a banana grove in Kammalapatti, Tamil Nadu, driven by a breeze that is too soft to spin a group of older turbines standing idle nearby.
Wind turbine maker Suzlon Energy has raised its holding in its German unit REPower Systems to 95.16 per cent, and initiated steps to push for a 100 per cent buyout of the company through a
Suzlon Energy has inked the single largest deal by an IPP for wind power projects in India with Caparo Energy (India). The deal, for 1,000 mw of wind power projects, is worth $1.28 billion.
<p>To open research and development centre in Tianjin BEIJING: Suzlon Energy, India's largest wind turbine manufacturer, on Friday appointed a new Chinese CEO, part of a wider strategy to localise for a market it has, so far, found difficult to enter. Suzlon, which has invested more than $300 million in China over the past five years, has now a 3.4 per cent market share.
The Kerala government has decided to take the wind out of energy major Suzlon that had illegally erected windmills on land owned by tribals at the ecologically sensitive Attappady Hills in Palakkad district.
The Kerala government today decided to remove Suzlon Energy
A political storm is brewing in Kerala against Suzlon Energy, the wind turbine major.
<p>This is also the reason why even wind-rich states such as Tamil Nadu and Karnataka suffer power shortage. And this is also why wind energy is often used only for captive uses of industries instead of being utilised for wide-scale distribution to average consumers. This is much the same in other countries as well.
Pune Suzlon Group, the wind energy major, has become the second company globally after Google Inc to power its IT server using renewable energy. Out of the 150 KW that it produces out of the wind turbine, solar and photovoltaic panels at the global headquarters of Suzlon Group at Hadapsar here, 30 per cent is used to power its IT server.