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Suzlon Energy looks to enter Latin America, Africa

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Press Trust of India New Delhi

Wind turbine major Suzlon Energy has said it is looking to enter new regions, mainly Latin America and the African continent in the coming years.

"Though our major focus will be on India only, we are planning to enter the markets of Latin America and African countries in the next few years," Suzlon Energy Director Harish Mehta said at a conference on renewable energy here.

The company, which has added over 5,000 MW of wind power capacity for around 1,500 customers in India, has operations across Asia, Australia and Europe.

Mehta said Suzlon plans to focus more on technology improvement in order to make the operations more cost effective rather than on capacity expansion.

 

On broad environmental concerns, he said there are no international standards defining the requirement of renewable energy for reducing carbon emissions.

Suzlon is the third largest player in the global market with 10 per cent share worldwide, and more than 50 per cent share in the Indian market.

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First Published: Oct 28 2010 | 1:08 PM IST

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