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Suzlon Energy Seeks to Buy Tech Firms

Suzlon Group, the world’s third largest wind power company, announced last December that they have crossed 15,000 MW of cumulative installations world wide and have 10,500 turbines covering over 1,800 customers across 25 countries. According to the company that accounts for nearly nine per cent of the world’s total wind installations.

The Suzlon’s Group’s 15 GW of worldwide installations includes 10 GW by Suzlon Energy Limited and 5 GW by REpower Systems AG – in which Suzlon Energy Limited is a majority shareholder with a holding of over 90 per cent. It covers Group onshore and offshore installations worldwide.

Wall Street Journal  reports, Suzlon Energy is looking to acquire technology companies.

Tulsi Tanti, chairman of Suzlon Energy, who was speaking at an industry event, didn’t elaborate further on the company’s plans, the report adds.

Tulsi Tanti in the past has talked about the four rules that cleantech companies have to follow  to make it big.

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