Suzlon Group which is the world’s fifth largest wind turbine manufacturer has signed contracts for supplying wind turbines to PowerWorks USA. This would represent 98.7 MW of power.
Suzlon will be selling a 75 per cent stake in its Chinese subsidiary, Suzlon Energy Tianjin Ltd, for about Rs. 177 crore as per reports by NDTV Profit.
Suzlon has indicated that it is hoping to restore the business to a strong position over the medium term aided by strong order books and other initiatives even
According to the press release, Suzlon Group-subsidiary, REpower Systems SE, installed the last of the 48 total REpower 6M turbines in the Belgian offshore wind farm Thornton Bank.
The Kerala government has decided to share profits with the Palakkad adivasis of Kerala. Suzlon had erected windmills and according to allegations had usurped land from the adivasis.