Records highest installations by an OEM
Suzlon Group announced that it has commissioned 626 MW of wind power projects in the financial year 2017]18 (FY18), the highest installations by any player during this fiscal.With this, Suzlon has gained a market share of 35 % despite an extremely challenging year for the sector and several hurdles due to the transition from FIT to bidding regime. As a result, the overall wind industry installations plummeted to 1,766 MW in FY18 (32% of FY17 installations) due to stagnant volumes, uncertainty on PPAs and policy environment.
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