at the very Core of it all … is Content!
When Suzlon Energy began taking over Western wind energy businesses, the world woke up to Indian wind power capabilities. Here was a company that boasted of an enormous track record in India and had an excellent bottom-line backed by a healthy stock market performance. Unfortunately the euphoria was short lived as Suzlon began reporting losses …
Pune/Hamburg: REpower Systems SE, a Suzlon Group-subsidiary and leading manufacturer of onshore and offshore wind turbines, and Bürgerwindpark im Kirchspiel Medelby GmbH & Co. KG have concluded a contract over 27 wind turbines for four projects totaling approximately EUR 90 million. CEO Andreas Nauen: “We are pleased that another community project has selected REpower know-how. …
Suzlon Energy today is sadly an apology for its exalted status (at least till the all-encompassing bear phase of 2008 started separating the men from the boys). The company is desperately cutting corners, not necessarily deadwood, which it claims will help “…in reduction of opex (operational expenditure) and working capital intensity (read requirement) as well …
Pune/Hamburg: Suzlon Group subsidiary, REpower Systems SE, has concluded a contract with P.E. DEUS EX S.R.L., a project company (SPV) of WSB International GmbH, to deliver eight wind turbines to Romania. The REpower 3.2M114 turbines, each with a rated power of 3.2 megawatts (MW), a hub height of 93 metres and a rotor diameter of 114 metres, are destined …