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

Latest articles about Suzlon

Can debt restructuring deal save struggling Suzlon?

By Suuhas Tenddulkar, 30 March 2020

After months of impasse, Suzlon's lenders have approved a debt restructuring deal. The plan effectively divides the manufacturer's total debt of INR 118 billion ($1.58 billion) into sustainable debt of INR 36 billion ($484 million) and INR 82 billion of unsustainable debt.

China and US lead rise in global growth

By Shaun Campbell, 28 February 2020

The wind industry had a better year than in 2018, but the slowing Chinese economy and permitting problems in major markets are affecting growth. Windpower Monthly does some number crunching.

Key Suzlon lender accepts restructuring plan

By Craig Richard, 20 February 2020

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.

Turbine price crash squeezes OEM revenues by 30% in H1

By David Weston, 31 August 2018

WORLDWIDE: Half-yearly results show the effects of the downward trend in the cost of wind energy. Despite bursting order books, the manufacturers are taking a big hit.

Suzlon-backed developer acquires US cluster

By Ros Davidson, 15 August 2018

UNITED STATES: A startup company backed by Indian manufacturer Suzlon will finance and develop new and repowered projects in the US.

Suzlon's earnings, installations hit by auction shift

By Craig Richard, 6 August 2018

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.

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