First published in Quoted Cleantech, july 2011. Copyright Cleantech Investor 2011
by Anne McIvor
Suzlon, an Indian wind turbine manufacturer which was created in 1995, ranks today as a world leader. The company has grown organically, financing project development as well as supplying turbines for markets including its domestic Indian market. Over recent years, Suzlon has expanded far beyond its roots in India – partly through organic growth but also through acquisition. Notable acquisitions have included Hansen Transmissions, the gearbox manufacturer, and REpower, the German turbine manufacturer which is a leading offshore turbine producer.