Senvion establishes Indian subsidiary

INDIA: German turbine manufacturer Senvion will open a subsidiary in India from 22 February, going head to head with former owner Suzlon.

Senvion's MM92 2MW turbine — it has not revealed which turbines will be made available in India

Former Vestas commercial country manager Amit Kansal will become CEO and managing director of Senvion India, based in Delhi. He held the role at Vestas for five years from January 2011.

Senvion said the move is part of the strategy devised by its new owners, following its acquisition by US private equity firm Centerbridge Partners in January 2015.

The plan "includes increased investment into research and development for product development, and further global expansion", Senvion said. Until now, much of the company's business has been in Europe.

India is seen as an attractive wind market. In October, the government announced it is targeting 60GW of wind power by 2022 as part of its COP21 climate change pledge. It currently has just over 25.5GW installed.

"India is a market where Senvion can offer the right products and services, as well as the dedication and flexibility that is needed. With our new team, led by the highly experienced Amit Kansal, I am confident about introducing Senvion to the Indian market," said new Senvion CEO Jürgen Geissinger.

Senvion opened an R&D centre in Bangalore, south India, in September 2015, which works with its site in Germany.

Senvion is not entirely unfamiliar with India, having been owned by Indian OEM Suzlon since 2011 until the takeover last year. However, it is unclear which Senvion turbines will be made available in India.

A Senvion spokeswoman said: "We have analysed the best product fit for the Indian market and will announce it in time."

Senvion portfolio includes 2MW and 3MW platforms for onshore projects and the 6MW offshore platform.