suzlon

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Suzlon Energy’s Net Profit Rises 97% YoY in Q2 FY2025

Wind solutions provider Suzlon Energy’s net profit jumped year-over-year (YoY)  97.05% to ₹2.01 billion (~$23.90 million) in the second quarter (Q2) of the financial...

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Suzlon Secures 400 MW Wind Turbine Order from Jindal Renewables

Renewable energy solutions provider Suzlon Group has secured an order to supply wind turbine generators (WTG) for a 400 MW wind energy project from JSP Green Wind, part...

October 10, 2024

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Gautamee Hazarika

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Finance and M&A

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Wind
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Suzlon Secures 1,166 MW Wind Turbine Order from NTPC Green Energy

Renewable energy solutions provider Suzlon Group has secured a 1,166 MW order from NTPC Green Energy to install 370 wind turbine generators of the S144 model, each with...

September 9, 2024

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Arjun Joshi

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Other

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Wind
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Suzlon Acquires Majority Stake in O&M Firm Renom Energy Services

Wind turbine manufacturer Suzlon Energy has announced the acquisition of a 76% stake in Renom Energy Services, a multi-brand renewable energy operations and maintenance...

August 7, 2024

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Gautamee Hazarika

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Markets & Policy

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Wind
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Suzlon’s Q1 2025 Net Profit Soars to ₹3 Billion, Up 200% YoY

Wind turbine manufacturer Suzlon Energy recorded a net revenue of ₹20.16 billion (~$241.02 million) during the first quarter (Q1) of the financial year (FY) 2025, a...

July 23, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: MNRE Adds 3.5 GW of New Solar Module Capacity to ALMM

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 3,508 MW of new solar module capacity. The...

May 28, 2024

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Mercom Staff

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Daily Wrap-up
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Suzlon Energy’s Q4 Income Rises 29.85% YoY as Order Book Swells

Wind turbine manufacturer Suzlon Energy recorded a total income of ₹21.79 billion (~$262 million) during the fourth quarter (Q4) of 2024, a year-over-year (YoY) increase...

May 27, 2024

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Gautamee Hazarika

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Markets & Policy

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Wind
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Daily News Wrap-Up: Anticipation Builds in Solar Sector as Budget 2024 Approaches

The solar industry stakeholders have a long wish list for the Union Budget 2024, which will be presented on February 1, 2024. Stakeholders hope Finance Minister Nirmala...

February 1, 2024

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Mercom Staff

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Daily Wrap-up
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Lower Finance Costs Drive Suzlon’s Q3 Profit Up 160% YoY to ₹2.03 Billion

Wind turbine manufacturer Suzlon Energy recorded a total income ₹15.7 billion (~$189.04 million) during the third quarter (Q3) of the financial year (FY) 2024, an...

January 31, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: NHPC’s Tender for 1.5 GW of Wind-Solar Hybrid Project

NHPC has invited bids to set up 1,500 MW of interstate transmission system (ISTS)-connected wind-solar hybrid power projects anywhere in India. The last day to submit...

November 6, 2023

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Mercom Staff

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Daily Wrap-up
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Suzlon Takes Net Profit Up by 82% YoY in Q2, Reports Debt-Free Balance Sheet

Wind turbine manufacturer Suzlon Energy posted a net profit of ₹1.02 billion (~$12.2 million) during the second quarter (Q2) of the financial year (FY) 2024, an increase...

November 3, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: CERC Allows High-Price Contracts at HPX

The Central Electricity Regulatory Commission has allowed Hindustan Power Exchange (HPX) to introduce High Price contracts in the High Price Day Ahead Market, High Price...

July 27, 2023

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Mercom Staff

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Daily Wrap-up
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Wind Turbine Maker Suzlon’s Net Profit Slides to ₹1 Billion in Q1 FY24

Wind turbine manufacturer Suzlon Energy posted a net profit of ₹1.01 billion (~$12.3 million) during the first quarter (Q1) of the financial year (FY) 2024, a decrease...

July 26, 2023

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Arjun Joshi

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Finance and M&A

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Wind
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Daily News Wrap-Up: Top Solar Inverter Suppliers in 2022

Sungrow, Sineng Electric, FIMER India (ABB), Ginlong (Solis) Technologies, and SOFAR emerged as the leading solar inverter suppliers in India in the calendar year (CY)...

June 1, 2023

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Mercom Staff

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Daily Wrap-up
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Suzlon’s Profit Increases Nineteen-fold to ₹29 Billion in FY23

Wind turbine manufacturer Suzlon Energy posted a net profit of ₹3.2 billion (~$38.7 million) during the fourth quarter (Q4) of the financial year (FY) 2023, an increase...

May 31, 2023

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Arjun Joshi

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Other

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Renewable Energy

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