Suzlon - Leading India’s wind energy sector at FinGad.com

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Suzlon - Leading India’s wind energy sector

Categorie: Emerging Markets
Submitted 9 months ago by

Franeddu

In recent years, India’s wind energy sector has received substantial investments from foreign companies due to development potential, presence of competitive wind farm equipment and government policies. On a year-on-year basis, the wind energy sector is growing in India at a rate around 50%. Wind energy is seen as safe and cheap alternative to fossil fuel, which is hovering around $100 per barrel. Wind energy has great potential and the industry is gaining prominence. India is the third-largest wind power generator in the world, US is second, and Europe is the first. The wind power generation is a global industry. In India the potential for wind energy is around 45,000 MW, and the country aims to have additional capacity of 100,000 MW in few years. Of which 10%, or 10,000 MW, is proposed from wind energy sector. Suzlon is India’s largest producer of wind turbine generators and ... More...

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