Suzlon Registers 18% Quarterly Increase in Net Revenue in Q2 FY 2022

Suzlon Registers 18% Quarterly Increase in Net Revenue in Q2 FY 2022

Pune-based renewable energy solutions provider Suzlon Energy Limited has reported net revenue of ₹13.47 billion (~$180.80 million) for the second quarter (Q2) of the financial year (FY) 2022, an increase of 18% ...
/ / Finance and M&A, Other
Suzlon Posts 122% Increase in Net Revenue in Q1 FY 2022

Suzlon Posts 122% Increase in Net Revenue in Q1 FY 2022

Pune-based renewable energy solutions provider Suzlon Energy Limited announced the results for the first quarter (Q1) of the financial year (FY) 2022. As per the financial statement released by the ...
/ / Other, Wind
Suzlon to Develop a 252 MW Wind Project for CLP India

Suzlon to Develop a 252 MW Wind Project for CLP India

Renewable energy solutions providers Suzlon Group has announced that it has won an order from CLP India to develop a 252 MW wind power project. The project is in Sidhpur, ...
/ / Wind
Suzlon’s Net Revenue Jumps in Q3 FY 2021 Following Debt Restructuring

Suzlon’s Net Revenue Jumps in Q3 FY 2021 Following Debt Restructuring

Suzlon Energy Limited has announced a 43% jump in its net revenue in the third quarter (Q3) of the financial year (FY) 2021 on the back of a ramp-up in its ...
Suzlon Reports ₹6.75 Billion Net Profit in Q2 After Debt Restructuring

Suzlon Reports ₹6.75 Billion Net Profit in Q2 After Debt Restructuring

Pune-based wind turbine manufacturer Suzlon Energy Limited reported a net profit of ₹6.75 billion (~$91.6 million), a turnaround from last year’s net loss of ₹7.78 billion (~$104.4 million). The company ...
/ / Wind
Suzlon Net Loss Widens to Nearly ₹4 Billion in Q1 of FY 2021

Suzlon Net Loss Widens to Nearly ₹4 Billion in Q1 of FY 2021

Suzlon Group, a renewable energy solutions provider, announced its financial results for the first quarter (Q1) of the financial year (FY) 2020-21. The company registered revenues of ₹5.13 billion (~$70.1 ...
/ / Other, Wind
Suzlon’s Net Losses Rose to $26.92 Billion in FY 2020 Amid Historically Low Installations

Suzlon’s Net Losses Rose to ₹26.92 Billion in FY 2020 Amid Historically Low Installations

Pune-based wind turbine-maker Suzlon Energy, in its annual earnings report for the financial year (FY) 2020, reported that its losses during the year had widened due to falling revenues and lower ...
/ / Other, Wind
Suzlon Completes Restructuring of Debt with Capital Infusion of ₹3.92 Billion

Suzlon Completes Restructuring of Debt with Capital Infusion of ₹3.92 Billion

Pune-based renewable energy solutions provider Suzlon Energy Limited announced that it has completed restructuring its debt with the unanimous approval from its secured lenders. The company has been in a ...
/ / Wind
CERC Grants Extension to Solar Projects in Rajasthan for Delay in Road Construction

CERC Grants Extension to Solar Projects in Rajasthan for Delay in Road Construction

The Central Electricity Regulatory Commission (CERC) has agreed with a petition that argued that the holdup in road construction by the state government delayed the project commissioning, which was beyond ...
/ / Markets & Policy, Solar
Suzlon’s Net Loss Reaches ₹7.78 Billion in Q2 of FY 2020

Suzlon’s Net Loss Reaches ₹7.78 Billion in Q2 of FY 2020

Pune-based renewable energy solutions provider Suzlon Group has announced its financial results for the second quarter (Q2) of the fiscal year 2019-20 (FY 2020). Suzlon reported a net loss of ...
/ / Wind
CERC Agrees to Extend Retrofitting Timeframe for Suzlon’s 7.4 GW of Wind Projects

CERC Agrees to Extend Retrofitting Timeframe for Suzlon’s 7.4 GW of Wind Projects

The Central Electricity Regulatory Commission (CERC) has issued an order providing relief to Suzlon which is operating 7,400 MW of wind energy projects which needed retrofitting. Suzlon Energy Limited had ...
/ / Other, Wind
After January Slump, Non-Solar REC Trading Spikes in February 2018

Orient Green Power to Divest 57% Shares in its Biomass Subsidiaries

Orient Green Power Company Limited (OGPL) has decided to disinvest its entire holding of 918,954 equity shares, aggregating 57.92%, held in Sanjog Sugars and Eco-Power (Biomass subsidiary) in favor of ...
Report: Global Solar Funding Rises to $5.3 Billion in First Half of 2018

Module Supplier Canadian Solar Gets $48 Million Credit Expansion

Canadian Solar Projects K.K, a wholly-owned subsidiary of module supplier Canadian Solar has announced the renewal of a credit facility. The credit facility has been made available through a syndicate ...
Suzlon Sells Two Solar Subsidiaries to ReNew Power for ₹297.3 Million

Suzlon Sells Two Solar Subsidiaries to ReNew Power for ₹297.3 Million

Suzlon Energy Limited (Suzlon) has announced that it will sell two of its solar subsidiaries to Ostro Energy, a wholly owned subsidiary of independent power producer, ReNew Power. The two ...
/ / Finance and M&A, Solar
Uttar Pradesh Invites Bids for 200 MW in its Private Sector Owned Solar Park

Canadian Firm AMP Solar Acquires Remaining 51% Stake in Rudra Solarfarms for $2 Million

AMP Solar, a Canadian renewable developer, has acquired the remaining 51 percent stake in Rudra Solarfarms, a special purpose vehicle built by another renewable developer Suzlon to execute the 15 ...
/ / Finance and M&A, Solar
CLP India Completes Acquisition of Suzlon’s Tornado Solarfarms for ₹325 Million

CLP India Completes Acquisition of Suzlon’s Tornado Solarfarms for ₹325 Million

CLP India, one of the largest foreign investors in the Indian power sector, and domestic renewable energy project developer Suzlon have executed a deal for the sale of Tornado Solarfarms Limited to ...
/ / Finance and M&A, Solar
Solar Developers Win Four Project Commissioning Delay Cases in Telangana

Canadian Solar Completes Purchase of 30 MW of Solar Projects in Telangana from Suzlon

Canadian Solar, a global module supplier and solar project developer, has announced that it has acquired remaining 51 percent stake in two solar power projects from Suzlon Energy, a leading wind ...
/ / Finance and M&A, Solar
SECI Tenders 2 GW of ISTS-Connected Wind Projects

Suzlon Registers a Net Loss of ₹2.8 Billion in Second Quarter of FY19

Suzlon, a leading wind turbine manufacturer and renewable energy project developer, has reported a net loss of ₹2.8 billion (~$38.86 million) in the second quarter of FY19. In the first quarter of ...
/ / Other, Wind
CLP India and Suzlon to Partner for 70 MW of Solar Projects in Maharashtra

CLP India and Suzlon to Partner for 70 MW of Solar Projects in Maharashtra

CLP India, one of the largest foreign investors in the Indian power sector and domestic renewable energy project developer Suzlon have entered a partnership to develop 70 MW of grid-connected ...
/ / Markets & Policy, Solar
Suzlon Registers ₹5.75 Billion Net Loss in First Quarter of FY19

Suzlon Registers ₹5.75 Billion Net Loss in First Quarter of FY19

Suzlon, a leading wind turbine manufacturer and renewable energy project developer, has reported a net loss of ₹5.75 billion (~$83.67million) in the first quarter of FY19, ending June. In the same quarter ...
/ / Other, Wind
SECI’s 1,200 MW Wind Tender Receives Bids Totaling 2,190 MW

Favorable Wind Markets Entice Suzlon to Re-Enter the Global Sector

Suzlon,  a wind turbine manufacturer and renewable energy project developer, intends to re-enter the international market, a senior company official told PTI. In the past, the company had expanded its ...
/ / Other, Wind
Suzlon Generates Revenues of ₹82.92 Billion, Net Loss of ₹3.84 Billion During FY 2018

Suzlon Generates Revenue of ₹82.92 Billion, Net Loss of ₹3.84 Billion During FY 2018

Domestic renewable energy project developer Suzlon has declared its annual financial results for the financial year (FY) of 2018.  It also announced that it commissioned 626 MW of wind power ...
Suzlon Commissions 340 MW of Solar Projects Across Three Indian States

Suzlon Commissions 340 MW of Solar Projects Across Three Indian States

Suzlon, a domestic renewable energy project developer, has successfully commissioned 340 MW of solar photovoltaic (PV) projects across three states of Maharashtra, Telangana, and Rajasthan. The three projects in Telangana ...
Suzlon Signs Agreement with ReNew Power for Development of Wind Project in Karnataka

Suzlon Signs Agreement with ReNew Power for Development of Wind Project in Karnataka

Suzlon, a wind turbine manufacturer and renewable energy project developer, has bagged a repeat order of 96.6 MW from renewable energy project developer ReNew Power for the development of a ...
/ / Other, Wind
DISCOMs Could Look to Coal if Solar Tariffs Go Over ₹3.50/kWh Because of Safeguard Duty

DISCOMs Could Look to Coal if Solar Tariffs Go Over ₹3.50/kWh Because of Safeguard Duty

The proposed 70 percent provisional safeguard duty on solar imports, if levied, has the potential to reverse India’s solar growth trajectory and send the wrong signal to the investment community ...