Suzlon Group: Comprehensive Market Research Report
Background
Overview
Suzlon Energy Ltd. is an Indian multinational wind turbine manufacturer headquartered in Pune, Maharashtra. Established in 1995 by Tulsi Tanti, the company has grown to become a significant player in the renewable energy sector, particularly in wind power. Suzlon's mission is to provide sustainable and cost-effective wind energy solutions, contributing to global efforts in reducing carbon emissions. Its vision is to lead the renewable energy industry by delivering innovative and reliable wind turbine technologies.
Industry Significance
Suzlon has been instrumental in advancing wind energy in India, contributing to the country's position as the fourth-largest wind power producer globally. The company has developed some of the largest wind parks in Asia, including the Jaisalmer Wind Park in Rajasthan, which has an installed capacity of 1,064 MW, making it one of the world's largest operational onshore wind farms.
Key Strategic Focus
Core Objectives
Suzlon's strategic focus includes:
- Innovation in Wind Turbine Technology: Developing advanced wind turbine models to enhance efficiency and reliability.
- Expansion of Renewable Energy Projects: Increasing the installation of wind energy projects both domestically and internationally.
- Sustainability Initiatives: Promoting green energy solutions to combat climate change.
Areas of Specialization
Suzlon specializes in the design, manufacturing, and maintenance of wind turbine generators (WTGs). The company offers a range of products, including:
- S66: 1.25 MW capacity with a 66-meter rotor diameter.
- S66-1.25: 1.25 MW capacity with a 66-meter rotor diameter.
[Note: The original report repeated the S66-1.25 model description multiple times; this has been consolidated here to avoid redundancy.]