Exclusive News

Suzlon Energy and CLP India in an agreement will be divesting 49 per cent stake in two of its solar projects of 50 MW and 20 MW in Dhule, Maharashtra.

The wind sector, in the last two years, has not seen much traction due to various reasons. And because of the recent cancellation of auctions in various states, the year will pass with a no-show from the sector that had earlier added 34 GW of capacity.

Last year was challenging as the wind industry witnessed slowdown due to the transition from feed-in tariff (FiT) to competitive bidding. This impacted margins and created temporary uncertainty in terms of volumes.

Being widely adopted on account of increased generation and improved internal rate of return (IRR), solar trackers are gaining prominence across the globe.

Suzlon Group has announced its order win for development of 75-MW wind power project from an independent power producer (IPP) through Maharashtra State Electricity Distribution Company Limited (MSEDCL) bid. The company will install around 36 units of S111-140m wind turbine generators (WTGs) with rated capacity of 2.1 MW each.

Wind turbine maker Suzlon has said it has bagged a repeat order for 96.60 MW wind energy project from ReNew Power. The company will install 24 units of S97-120m and 22 units of S111-90m wind turbine generator (WTG) in Karnataka.

The wind power sector is going through a transformation with the entry of competitive bidding process. Though it could keep up the pace as of now, analysts say, it will slow down going ahead.

Tulsi Tanti, Founder and Chairman of Suzlon Energy has been appointed as the Chairman of the Indian Wind Turbine Manufacturers Association (IWTMA) effective January 11, 2018.