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Pune: Wind energy major Suzlon Energy has secured its first order for its next generation S175 (5.0 MW) wind turbine, within two weeks of its launch, cementing customer confidence in the company’s innovative solutions.
Power producer Sensure Energy has signed in as the first customer to deploy these advanced wind turbine generators for its upcoming wind energy project in Bijapur, Karnataka. Suzlon will supply, erect and commission 21 units of these wind turbines, while offering comprehensive, long term operations and service for the plant’s lifetime lifecycle.
The S75 wind turbines are powered by a 175 meter rotor and a 160 meter hybrid lattice tower, engineered to withstand stronger wind while offering higher yields and superior project economics. It aims to convert previously unviable sites into commercially attractive opportunities, significantly expanding the addressable market for wind energy.
“Sunsure began their wind energy journey with us and has now grown into one of India’s largest and fast-growing C&I focused renewable energy providers. We are proud to support their growth as our partnership deepens across geographies – from Karnataka to now two orders in Maharashtra and technology – from our maiden project on a 2.1 MW platform, to scaling on our 3 MW platform, and now becoming the launch customer for our next-generation 5 MW S175 turbine. We value their continued trust in our technology and execution capabilities.” Girish Tanti, Vice Chairman, Suzlon Group, said in a press release.
“Our strategy is centred on meeting the need for firm, reliable clean energy driven by India’s accelerated electrification and an expanded manufacturing footprint powered by data centres, GCCs, advanced manufacturing, electric mobility. This order is a precise strategic choice as the S175 is purpose-built for firm and dispatchable power, enabling seamless integration into hybrid and Round-The-Clock solutions. It feeds into our ambition of being a 10 GW platform by 2030 and Suzlon’s three decades of execution across India gives us full confidence in the partnership.” Manish Mehta, Co-Founder & Chief Commercial Officer, Sunsure Energy, added.
Suzlon Energy has come a long way from the time when it had a debt burden of Rs.12,000 crore in 2012, and has since staged a remarkable turnaround, becoming a net debt-free company in 2023. Its shares have risen dramatically from Re.1.20 in March 2020 to rise 612% to Rs.57 today. The company is today the #1 domestic wind OEM, with this development expected to boost its stock performance further.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.
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