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News & in-depth analysis of Suzlon's wind energy business, contracts and deals.

Latest articles about Suzlon

Key Suzlon lender accepts restructuring plan

Government-owned State Bank of India (SBI) has approved Suzlon’s debt restructuring plan, the struggling manufacturer confirmed in a notification to the stock exchange.

Vestas leads the pack with squeezed market share

Global wind turbine commissioning increased 21% to nearly 61GW in 2019, with Danish manufacturer Vestas once again taking the top supplier spot despite its market share being squeezed and after the OEM installed less capacity than it did the previous year.

Suzlon on the brink as debts mount

Suzlon recorded another $100 million-plus loss in the third quarter of its fiscal year, while its debt grew, turbine deliveries ground to a halt and restructuring talks with lenders continued without resolution.

Suzlon's earnings, installations hit by auction shift

INDIA: Suzlon made a net loss of INR 3.21 billion ($47 million) in the first quarter of India's financial year, down from an INR 900 million-profit one year earlier.

Suzlon CEO charts overseas re-entrance

INDIA: On top of the burgeoning domestic market, the CEO of manufacturer Suzlon is once again turning his eyes to other regions.

Grid needs upgrading but India's wind states are coping

INDIA: As suppliers and developers works towards the Indian government's goal of achieving 60GW of wind capacity by 2022, the industry is now expected to exceed the target, with some suggesting it could reach 80GW as the 175GW renewables goal goes up to 227GW.