Suzlon Group

Suzlon to transition entire vehicular fleet to electric vehicles by 2035

Renewable energy solutions provider Suzlon on Wednesday said it will transition its entire vehicular fleet to electric mobility by 2035. After committing to power all its facilities with 100 per cent renewable energy by 2030, Suzlon has taken another bold step in its sustainability journey by joining the global EV100 initiative of Climate Group, a company statement said. As part of this, Suzlon will transition its entire fleet to electric vehicles by 2035, further reducing carbon emissions, lowering fuel consumption, and strengthening India's march towards Net Zero, it stated. EV100 is a global initiative by Climate Group that brings together leading companies committed to accelerating the transition to electric vehicles and making electric transport the new normal by 2030. This commitment entails Suzlon electrifying 655 vehicles across its operations, covering both owned and leased vehicles in the 3.5T and 3.57.5T categories. This initiative directly supports the reduction of Sco

Suzlon bags 838 MW project order from Tata Power Renewable Energy

Suzlon Group on Tuesday said it has secured an 838 MW order from Tata Power Renewable Energy, the largest order of this fiscal year, as part of its firm and dispatchable renewable energy project. This is also Suzlon's second-largest order ever, following the 1,544 MW order from NTPC Green Energy, and demonstrates the growing role of FDRE projects in accelerating India's energy transition, a company statement said. The 838 MW project will comprise 266 of Suzlon's S144 wind turbines, each with a rated capacity of 3.15 MW, strategically located across Karnataka (302 MW), Maharashtra (271 MW), and Tamil Nadu (265 MW). The project is part of the FDRE bids awarded to SJVN and NTPC. "As Tata Power Renewable Energy embarks on a strategic transformation to achieve 100% clean power by 2045, we're proud to support this ambitious journey with our advanced, 'Made in India' wind technology. Our partnership, spanning over a decade and marked by the third repeat order, underscores our shared ...

Suzlon's S144 wind turbine sets record with lowest carbon footprint

Renewable energy solutions provider Suzlon on Tuesday said its 'Made in India' wind turbine model, S144, has recorded the lowest product carbon footprint of 6.17 gCO2 per kilowatt-hour of electricity generated. This achievement has been independently verified by Indian Register Quality Systems (IRQS), a certification and testing organization, a company statement said. "With the S144, we prove that world-class clean energy can be designed and built sustainably in India. "Our next step is to move from lowest-carbon manufacturing to true circularity, setting new benchmarks for the renewable energy industry," said JP Chalasani, Chief Executive Officer, Suzlon Group. Recently, TV SD Poland, a globally renowned 150-year-old certification and testing organization, also verified S144 as a low-carbon footprint wind solution, the statement added. Suzlon has redesigned the turbine to cut steel use by 2.5 times, incorporating recycled steel and scrap, while sourcing 83.25 per cent of componen

MOFSL sees upto 46% upside in this renewable energy stock; reiterates 'Buy'

Suzlon Energy is also preparing to enter overseas markets, with exports to the Middle East and Europe expected to begin by FY27.

What to do with Suzlon Energy post Q1? Brokerages decode stock strategy

At 10:20 AM, Suzlon Energy share price was trading 3.06 per cent lower at ₹61.19 per share. In comparison, BSE Sensex was trading 0.31 per cent higher at 80,484.64 levels.

Suzlon bags 170.1 MW wind energy order from AMPIN for Andhra's Kurnool

Suzlon on Friday said it has secured its third successive order from AMPIN for a 170.1 MW wind project in Kurnool, Andhra Pradesh. As part of the contract, Suzlon will supply 54 of its advanced S144 wind turbine generators (WTGs) with Hybrid Lattice Towers (HLT), each with a rated capacity of 3.15 MW, a company statement said. The scope of work includes full project execution, including equipment supply, installation, commissioning, and long-term operations and maintenance services. Total orders from AMPIN Energy stand at 303 MW. Vivek Srivastava, Chief Executive Officer, India Business, Suzlon Group, said, "Three orders from AMPIN reflect the power of shared mission. Together, we're committed to a self-reliant, affordable and sustainable energy future by blending innovation, local manufacturing, and deep sectoral expertise in promoting decarbonisation of India's power distribution infrastructure." Pinaki Bhattacharyya, Founder, Managing Director & CEO, AMPIN Energy Transition ...

Suzlon Energy gains 2% after 198.2 million shares change hands in blocks

Suzlon Energy shares rose over 2 per cent after about 198.2 million shares changed hands in multiple block trades

Suzlon Energy shares soar 13% in best session in 2 years after Q4 results

Shares of Suzlon Energy surged over 13 per cent after its profit rose multifold in the fourth quarter of the previous financial year

Suzlon shines: Shares rise 4% on securing deals with Jindal Renewables

The uptick in Suzlon's share price followed the news that the company had secured a third order of 204.75 MW from Jindal Green Wind 1 Pvt. Ltd., a subsidiary of Jindal Renewables

Suzlon secures 204.75 MW wind energy order from Jindal Renewables

Renewable energy solutions provider Suzlon on Tuesday said it has bagged a 204.75 MW wind energy order from Jindal Renewables. The new order was bagged from Jindal Green Wind 1 Pvt Ltd, a subsidiary of Jindal Renewables. Suzlon will supply 65 state-of-the-art S144 wind turbine generators (WTGs) with Hybrid Lattice Towers (HLT), each rated at a 3.15 MW capacity, a company statement said. The order will be executed in the Karur region of Tamil Nadu. This partnership is Suzlon's largest Commercial & Industrial (C&I) order with a cumulative capacity of 907.20 MW. Earlier, Suzlon secured two orders to power Jindal Steel's plants in Chhattisgarh and Odisha, adding 702.45 MW of wind energy. "Building on our initial successes in Karnataka, we're now expanding the Low CO2 Steel movement to Tamil Nadu, a trailblazer in wind energy," Girish Tanti, Vice Chairman, Suzlon Group, said Currently, C&I customers account for 59 per cent of Suzlon's total order book, which has now reached a ..

India's renewable energy leaders call for localisation to sustain growth

Localisation of supply chains and talent development are key to making India's renewable energy sector self-reliant and globally competitive, industry experts stress at BS Manthan

Suzlon bags order from Oyster Renewable to supply wind turbine generators

Suzlon Group on Wednesday said it has secured a repeat order from Oyster Renewable to supply 64 wind turbine generators each having a rated capacity of 3.15 megawatts (MW). It will supply 64 wind turbine generators (WTGs) of S144 series with Hybrid Lattice Towers (HLT) to Oyster Renewable in Madhya Pradesh, the company said in a statement. "Suzlon Group has secured a repeat order of 201.6 MW from Oyster Renewable, reasserting its leadership in India's wind energy sector. With this latest addition, Suzlon's partnership with Oyster Renewable has now grown to 283.5 MW in Madhya Pradesh within just nine months," it said. Girish Tanti, Vice Chairman, Suzlon Group, said, "After working with us for commissioning, Oyster has now trusted Suzlon with a full EPC order, reinforcing our position as the preferred renewable energy partner." J P Chalasani, Chief Executive Officer, Suzlon Group, said, Madhya Pradesh has become a key wind energy hub. This is company's 5th repeat order this ...

Suzlon Energy at 5% upper limit, zooms 16% in 3 days on Q3; analysts upbeat

Suzlon Energy shares have jumped 16 per cent over the last three trading sessions on the back of robust Q3FY25 results, which were supported by strong execution

Suzlon Group secures order of 302 MW wind project from Jindal Renewables

Suzlon Group on Wednesday said the company has secured an additional wind project of 302.4 megawatt from Jindal Renewables in Karnataka. In October, Suzlon had announced securing a 400-megawatt (MW) wind power deal from Jindal Renewables Power. "Suzlon and JSP Green Wind 1, a subsidiary of Jindal Renewables, have expanded their partnership with an additional 302.4 MW wind power project in the Koppal region of Karnataka," the group said in a statement. The second order brings the total capacity from Jindal Renewables to 702.4 MW, making it Suzlon's largest-ever commercial and industrial (C&I) order from a single customer. Under the strategic agreement, Suzlon will supply 96 wind turbine generators (WTGs) of S144 series with hybrid lattice (HLT) towers, each rated at a 3.15 MW capacity. The power generated will be used at steel plants in Chhattisgarh and Odisha, Suzlon said without disclosing the exact value of the multi-crore order. Suzlon Group Vice-Chairman Girish Tanti said, ..

Suzlon sizzles: Shares gain over 4% on project deal with Jindal Renewables

The uptick in Suzlon's share price followed the news that the company and Jindal Renewables have expanded their partnership with an additional 302.4 MW wind project

Wind energy at its peak, with 8 more years of growth: Suzlon Group CEO

Chalasani speaks about the prospects of the Indian wind energy sector, opportunities in defence and railways, and Suzlon's strategies to maintain its leadership

Suzlon Q2 results: Net profit jumps to Rs 201 cr, income at Rs 2,121 cr

Renewable energy solutions provider Suzlon's consolidated net profit almost doubled to Rs 201 crore in the September quarter compared to the year-ago period. The company reported a consolidated net profit of Rs 102 crore in the quarter ended on September 30, 2023, a statement said. Total income rose to Rs 2,121.23 crore in the second quarter of 2024-25 from Rs 1,428.69 crore in the same period a year ago. Girish Tanti, Vice Chairman, Suzlon Group, said, "Our core business is now on solid foundation to capitalise on the market momentum." Himanshu Mody, Chief Financial Officer of Suzlon Group, said, "In a relatively challenging environment due to prolonged heavy monsoons, we have been able to deliver consistent growth with robust margins and 96 per cent YoY profit. We are making long-term investments by implementing a slew of strategic measures to enhance our organisational capabilities and grow the business sustainably. This strategy will also help us in driving our competitiveness

Suzlon secures India's largest wind energy order from NTPC Green

The 1,166 MW energy project will serve three million households upon completion

Suzlon Energy extends rally, zooms 50% in 1 month on strong Q1 results

Suzlon share price today news: Suzlon shares were locked at 5-per cent upper circuit in the intraday trade

Suzlon buys majority stake in Renom to strengthen renewable energy services

Renom currently manages 1,782 megawatts (MW) in wind, 148 MW in solar, and 572 MW in balance of plant energy (BOP) under maintenance