Suzlon to build 200 MW of solar parks in India - report
Solar system. Author: Mike Weber. License: Creative Commons, Attribution 2.0 Generic
Dec 10, 2014 - Indian wind turbine maker Suzlon Energy (BOM:532667) is turning to the solar sector in a drive to expand its business and already has plans for building 200 MW of solar parks, the firm’s CEO told the Business Standard.
The Indian company will focus on both the wind and solar segments, founder and CEO Tulsi Tanti told the newspaper in an interview published on Wednesday. Suzlon has already identified four sites in the states of Gujarat, Rajasthan, Maharashtra and Madhya Pradesh where it plans to install solar parks of 50 MW each.
"Within a year, we will build, commission and sell solar projects," Tanti said, as cited by the daily.
As for its wind energy business, Suzlon intends to set up three manufacturing plants in Madhya Pradesh, Andhra Pradesh and Rajasthan for its next generation 2-MW S111 wind turbine, which will have a load factor of over 30%.
India aims to install 10,000 MW of wind farms per year.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.