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Suzlon doubles down on core biz with Wind 2.0, plans expansion into other areas...

Share FacebookTwitterWhatsAppPinterestLinkedinCopy URLTelegramEmailTumblrReddItPrintKoo DAVOS, Jan 20: When windmills first came up in India, people used to make fun of them, saying such huge ‘fans’ will guzzle power rather than making it, and now India is capable of meeting 10 per cent of the global wind energy demand through exports, its pioneer in India Suzlon Energy’s Vice Chairman Girish Tanti has said. Suzlon itself has come a long way in its 30 years of existence and is now geared for its next phase of evolution with its Wind 2.0 and Suzlon 2.0 initiatives for expansion within and beyond the wind power generation business, the company’s founding member said. The company prides itself as one of the only five global players in the wind energy space to have survived in the business, the other four being GE of the US, and Siemens, Vestas and Nordex from Europe, he said, while underlining that Suzlon is the only one from the Global South.

Suzlon doubles down on core biz with Wind 2.0, plans expansion into other areas...

Credit: Dailyexcelsior

Key Highlights

  • Speaking to PTI during the World Economic Forum Annual Meeting, Tanti said this 30-year journey has been quite rewarding, especially when it started from a point when wind energy was not at all seen as being viable.
  • Nearly 50 per cent of India’s energy requirement is now met from renewables and the country is on track to achieve the target of being 100 per cent carbon neutral by 2070, he said.
  • Recalling the early days of Suzlon commencing business, Tanti said people used to ask why those windmills were being installed since they would consume a large amount of power.
  • Now, one single turbine can generate almost one crore units per year, which means that one turbine is enough to power an entire village, he added.
  • There are more than 2,500 MSMEs working with us across the value chain and India now has a potential of almost meeting 10 per cent of global wind demand via export, he said.
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Sources

  1. Suzlon doubles down on core biz with Wind 2.0, plans expansion into other areas...

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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