India

India

Senvion India eyes ‘resurrection’ after rare wind turbine order

Senvion India has secured a firm turbine deal – its first major order in nearly a year – as its CEO aims to “resurrect” the manufacturer.

The turbine order is Senvion India's second since being acquired by Global Renewable Energy Development Holding Company Limited, an investment arm of Alfanar
The turbine order is Senvion India's second since being acquired by Global Renewable Energy Development Holding Company Limited, an investment arm of Alfanar

The turbine manufacturer is due to supply 44 of its 2.7 M130 turbines – with a 2.7MW nominal power rating and 130-metre rotor diameter – for an unspecified project in India being developed by Continuum Green Energy.

It will also service the turbines for 20 years after commissioning.

The project is due online by the end of the 2023 financial year (end of March 2023).

Senvion India CEO Amit Kansal said the order would help the company “continue its path of resurrecting itself as a leading OEM” and open new opportunities in serving commercial customers.

The company recently started serial production of its 2.7MW turbine and believes it can produce 1GW annually at its factory in Maharashtra.

The Continuum Green Energy deal is Senvion India's first major firm turbine order since it was contracted to provide JSW Energy with 591MW of turbines in October 2021.

German turbine manufacturer Senvion gave its Indian manufacturing operations full autonomy in August 2019, while the parent company explored potential takeover bids as it struggled to stay afloat in an increasingly competitive sector. 

It eventually sold selected European assets to Siemens Gamesa. This summer it sold its Indian business to Global Renewable Energy Development Holding Company Limited, an investment arm of Alfanar, enabling Senvion India to operate as a fully fledged turbine manufacturer again.

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