Suzlon bags order of 100.8 MW from Everrenew Energy

Suzlon Energy shares surge 3% after winning wind power project

Suzlon bags order of 100.8 MW from Everrenew Energy

Suzlon Group, a leading provider of renewable energy solutions in India, has recently announced a significant order from Everrenew Energy Private Limited for the development of a 100.8 MW wind power project. The project will see Suzlon install 48 wind turbine generators (WTGs) of their S120 – 2.1 MW, equipped with Hybrid Lattice Tubular towers. The installation will take place in Velliyanani Phase II, located in Karur district, and Vengaimandalam in Trichy, Tamil Nadu. The commissioning of this project is expected to be completed by March 2024.

Under this agreement, Suzlon will be responsible for the supply of wind turbines and will oversee the project’s execution and commissioning.

Expressing his satisfaction with the collaboration, JP Chalasani, CEO of Suzlon Group, stated, “We are thrilled to secure our first order with Everrenew Energy Private Limited. Suzlon takes pride in serving valued customers like Everrenew Energy, a rapidly growing renewable energy Project Management company in India. By placing their trust in our cutting-edge technology and comprehensive capabilities across the wind energy value chain, Everrenew Energy aims to promote renewable energy adoption in the Commercial & Industrial (C&I) sector. Suzlon remains committed to driving Indian industries towards achieving their net-zero targets and fueling the domestic economy with green energy.”

Suzlon’s dedication to contributing to the vision of Aatmanirbhar Bharat (self-reliant India) is evident in every turbine they produce, with over 80% to 90% domestic content. These turbines are manufactured in India through a thriving domestic value chain.

Venkatesh R, CEO of Everrenew Energy Private Limited, expressed his enthusiasm for the partnership, stating, “At Everrenew Energy, we share a common goal of shaping a more sustainable future by generating clean energy for our customers. Our venture into wind energy projects is an extension of this commitment. We are delighted to collaborate with Suzlon, a leading provider of renewable energy solutions with a proven track record in India. Suzlon’s dedication to ‘Aatmanirbhar Bharat’ is reflected in their ‘Made-in-India’ products, aligning with our ideology. Our focus is on promoting the adoption of renewable energy in the C&I segment and facilitating their energy transition. We eagerly anticipate the development of many groundbreaking renewable energy projects in the future.”

Suzlon turbines feature the reliable Doubly Fed Induction Generator (DFIG) technology, ensuring seamless integration with the utility network to meet grid requirements. Suzlon’s research and development endeavors are consistently aimed at enhancing turbine performance, maximizing energy capture from low wind sites, and reducing the overall cost of energy.

About Suzlon:

Suzlon, a leading company in the wind energy sector, operates in 17 countries worldwide. With a remarkable presence on six continents, they have installed over 12,510 wind turbines. Suzlon’s manufacturing units in India are known for their exceptional quality and innovation, making their wind energy solutions highly sought after for their competitive edge.

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