Suzlon Installs Nearly 1 GW Of Wind In India In FY16

Posted by Betsy Lillian on May 02, 2016 No Comments
Categories : Projects & Contracts

Suzlon Group says it commissioned 900 MW of wind projects during financial year 2015-2016 (FY16) in India; that’s a more than 100% increase in installations from FY15, when the company installed 442 MW in India.

Of the 900 MW, 520 MW was installed in the fourth quarter of FY16 alone. Projects were executed for a variety of customers, including independent power producers, public sector units, and small and medium enterprises. Suzlon’s newest product variant, the S97 120-meter hybrid tower, constituted 34% (134 turbines) of its total commissioned capacity.

Suzlon’s cumulative global wind energy installations have reached 15.5 GW, including 9.5 GW in India.

Moreover, says the company, the wind energy sector in India recorded 3,300 MW in FY16 – marking 42.74% growth from FY15.

“The 43 percent growth demonstrates the industry’s preparedness to achieve 60 GW of wind by 2022, which is part of the Indian government’s target of 175 GW of renewables by 2022,” notes Tulsi Tanti, chairman of Suzlon Group. “The wind industry has had its share of ups and downs, but the sector is now on high-growth trajectory, and by this way, India will reach cumulative capacity of 31 GW by FY17.

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