Suzlon
 | |
| Company type | Public BSE: 532667, (NSE) |
|---|---|
| Industry | Renewable Power |
| Founded | 1995 |
| Headquarters |  Pune, India |
Key people | Tulsi Tanti, Chairman & MD
 Patrick Krähenbühl, CFO |
| Products | Wind Turbines |
| Revenue |  $868 million (2006) |
| Website | www.Suzlon.com |
Suzlon Energy is the world's largest fully-integrated wind power company. In terms of market share, the company is the largest wind turbine manufacturer in Asia. With headquarters in Pune it has several manufacturing sites in India including Pondicherry, Daman, Bhuj and Gandhidham as well as in mainland China, Germany and Belgium. The company is listed on the National Stock Exchange of India and on the Bombay Stock Exchange.
Founder
Tulsi Tanti, a former textile manufacturer, moved into wind energy production and founded Suzlon energy after facing increasing electricity costs. [1].
Leadership
In late January 2007, Suzlon Energy appointed Andre Horbach as Group Chief Executive Officer and Patrick Krähenbühl as Group Chief Financial Officer in March 2007.
Operations
Suzlon Energy Ltd has been ranked the 5th largest in the world, and the largest in India and Asia in terms of market share in 2005. In India, the company has been the market leader for eight years consecutively, installing 53% of the capacity added in 2005.
Suzlon offers customers total wind power solutions including consultancy, manufacturing, operations & maintenance services. Suzlon is a multinational company with offices, R&D and technology centers, manufacturing facilities and service support centers spread across the globe.
With the increasing demand and the advantage of being an end-to-end solution provider in its field of activity, Suzlon plans to increase its presence within India, and around the world. It already has a presence in over 40 locations around the world – including Australia, China, Europe, India, New Zealand, South Korea and the USA.
Suzlon has design and R&D teams and facilities in Germany, India and The Netherlands. The international sales business of Suzlon is managed out of Aarhus, Denmark, while its global management office is in Amsterdam.
In the year 2006, Suzlon reached a definitive agreement for acquisition of Belgium firm Hansen Transmissions, specializing in gearboxes for wind turbines, for $565 million. In 2007, the company purchased Germany's REpower for US$ 1.6 billion.
Wind Parks
Suzlon operates what was once Asia's largest wind park of 201MW near the Koyna reservoir in Satara district of Maharashtra - The Vankusawade wind park.[2] It also operates a 58 MW wind park in the Western Ghats. Besides this, it has supplied turbines for the Minnesota project comprising twelve wind farms in Minnesota.[3] It also has recently opened a turbine blade plant in Pipestone, Minnesota [4].
Suzlon will install 45 units of its S88 – 2.1 megawatt wind turbine for AGL at the Hallett Wind Farm to be located approximately 220 kilometers north of Adelaide, in South Australia.[5]
See also
- List of wind turbine manufacturers
- List of India energy articles
- Vestas
- Vestas Wind Technology India Pvt Ltd
- Vestas RRB India Ltd
- Wind Prospect
- Wind power in India
- Hallett Wind Farm
Vestas Wind Technology India Pvt Ltd