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Suzlon Energy rallies on restoration of depreciation rules

By : Sustainability ..., Jul 22, 2014

Shares in wind turbine maker Suzlon Energy Ltd(SUZL.NS) surged nearly 5 percent, its daily limit, on Monday following the government's move to re-introduce the acceleraed depreciation scheme for the wind energy sector.

The gains add to Suzlon's 3.6 percent gain in the...

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Suzlon to invest up to $50 million in Brazil wind facility

By : Sustainability ..., Jul 18, 2014

Suzlon Energy Ltd., India’s top wind-turbine supplier, will invest as much as $50 million in a manufacturing plant in Brazil, its first in Latin America. The plant, expected to be open in about 18 months, will have initial capacity of 400 megawatts (MW) a year, chairman Tulsi...

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Suzlon Regains Top Position in India Wind-Turbine Market

By : Sustainability ..., Jun 25, 2014

Suzlon Energy Ltd. (SUEL) regained its position as India’s top wind-turbine supplier from Wind World (India) Ltd. as agreements to reschedule its debt allowed it to complete orders in a resurgent market.

The Pune-based company installed 403 megawatts of turbines out of...

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Morgan Stanley’s Wind Farms Dump Suzlon Model: Corporate India

By : Sustainability ..., Oct 29, 2013

Morgan Stanley-backed Continuum Wind Energy Pte, which plans a more than 10-fold surge in its India capacity, is dumping a 20-year model that helped Suzlon Energy Ltd. (SUEL) dominate Asia’s second-biggest turbine market.

Continuum aims to build 1,360 megawatts of wind...

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Suzlon Unit Wins 26-Megawatt Wind Turbine Order in France

By : Sustainability ..., Jun 4, 2013

REpower Systems SE, the German unit of India’s Suzlon Energy Ltd. (SUEL), won an order to supply 26 megawatts of turbines for two wind farms in France.

REpower has signed a contract with ABO Wind AG (AB9) to install the machines by early 2014 and to maintain them for...

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Suzlon in Talks to Repay Investors After Dollar Bond Default

By : Sustainability ..., May 21, 2013

Suzlon Energy Ltd. (SUEL), the world’s fifth-biggest wind-turbine maker, is in talks to repay investors after default22222ing on $209 million of U.S. dollar-denominated convertible bonds in October, according to two people familiar with the matter.

The company,...

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Subject Tags: Suzlon Energy Limited

Suzlon Gets $117 Million Turbine Order for German Wind Projects

By : Sustainability ..., May 15, 2013

Suzlon Energy Ltd. (SUEL), the wind-turbine maker involved in India’s biggest convertible bond default22222 in October, sold 90 million euros ($117 million) of systems in Germany.

Suzlon’s REpower Systems unit will supply 27 turbines for four community wind...

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Subject Tags: Suzlon Energy Limited

Suzlon loses top spot in India wind market installations

By : Sustainability ..., May 11, 2013

Suzlon Energy Ltd ceded its position as India’s top wind-turbine supplier in the year ended 31 March for the first time in at least a decade, according to figures from an industry group.

Wind World (India) Ltd, formerly known as Enercon (India) Ltd, took the top...

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Suzlon Energy Raises $647 Million via Bonds Backed by State Bank of India

By : Sustainability ..., Mar 27, 2013

The U.S. dollar bonds that are due in five years were issued by the wind-turbine maker's Dutch unit AE Rotor Holding B.V., Suzlon said in a press release.

The bonds, priced at par, carry a coupon of 4.97% and has been provisionally rated Baa2 by Moody's.


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Suzlon sells bonds worth $650 million

By : Sustainability ..., Mar 26, 2013

Wind turbine maker Suzlon Energy Ltd has sold $650 million (around Rs.3,575 crore) worth of bonds backed by lenders, including State Bank of India, to refinance its existing debt, according to three people close to the development.

AE-Rotor Holding BV, a unit of...

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