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News Brief | December 2013

Morgan Stanley's wind farms dump OEM turnkey model

Morgan Stanley-backed Continuum Wind Energy Pte, which plans a more than 10-fold surge in its India capacity, is dumping a 20-year model that helped Suzlon Energy Ltd dominate Asia's second-biggest turbine market. Developers in India are building more productive wind farms by doing away with a system set up by turbine makers Suzlon and Vestas Wind Systems, which handed readymade projects to investors.
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