 "Suzlon commissioned 900 MW wind energy projects in FY16")
Renewable energy solutions provider Suzlon Group has commissioned 900 MW wind energy projects during the financial year 2015-16, of which 520 MW was commissioned in Q4 FY16.
The projects were executed for a variety of customers including Independent Power Producers (IPPs), Public Sector Units (PSUs) and Small and Medium Enterprises (SMEs).
The S97 120m hybrid tower, the company’s newest product variant, constituted 31% (134 wind turbines) of its total commissioned capacity. With the commissioning in FY16, Suzlon’s installations cumulative installations in India reached 9.50 GW.
Suzlon Group, chairman Tulsi Tanti said that the commissioning of 900 MW amounts to a more than 100% increase in installations compared with 442 MW installed during the financial year 2014-15 (FY15). The year also marked the debut of Telangana in the wind energy sector with its maiden capacity addition of 78 MW installed by Suzlon.
“The 100% growth in our installations in India is higher than the 43% growth achieved by the industry. Market share in India increased to 27% in FY16 from 19% in FY15. Suzlon continues to maintain market leadership in India with 36% cumulative market share and diversified presence across 8 states. The company is best positioned to cater to the high growth potential in its home market, as well as North America, South America, China and other emerging markets”, Tanti said in a statement.
