suzlon

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Daily News Wrap-Up: Anticipation Builds in Solar Sector as Budget 2024 Approaches

The solar industry stakeholders have a long wish list for the Union Budget 2024, which will be presented on February 1, 2024. Stakeholders hope Finance Minister Nirmala...

February 1, 2024

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Mercom Staff

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Daily Wrap-up
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Lower Finance Costs Drive Suzlon’s Q3 Profit Up 160% YoY to ₹2.03 Billion

Wind turbine manufacturer Suzlon Energy recorded a total income ₹15.7 billion (~$189.04 million) during the third quarter (Q3) of the financial year (FY) 2024, an...

January 31, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: NHPC’s Tender for 1.5 GW of Wind-Solar Hybrid Project

NHPC has invited bids to set up 1,500 MW of interstate transmission system (ISTS)-connected wind-solar hybrid power projects anywhere in India. The last day to submit...

November 6, 2023

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Mercom Staff

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Daily Wrap-up
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Suzlon Takes Net Profit Up by 82% YoY in Q2, Reports Debt-Free Balance Sheet

Wind turbine manufacturer Suzlon Energy posted a net profit of ₹1.02 billion (~$12.2 million) during the second quarter (Q2) of the financial year (FY) 2024, an increase...

November 3, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: CERC Allows High-Price Contracts at HPX

The Central Electricity Regulatory Commission has allowed Hindustan Power Exchange (HPX) to introduce High Price contracts in the High Price Day Ahead Market, High Price...

July 27, 2023

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Mercom Staff

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Daily Wrap-up
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Wind Turbine Maker Suzlon’s Net Profit Slides to ₹1 Billion in Q1 FY24

Wind turbine manufacturer Suzlon Energy posted a net profit of ₹1.01 billion (~$12.3 million) during the first quarter (Q1) of the financial year (FY) 2024, a decrease...

July 26, 2023

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Arjun Joshi

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Finance and M&A

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Wind
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Daily News Wrap-Up: Top Solar Inverter Suppliers in 2022

Sungrow, Sineng Electric, FIMER India (ABB), Ginlong (Solis) Technologies, and SOFAR emerged as the leading solar inverter suppliers in India in the calendar year (CY)...

June 1, 2023

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Mercom Staff

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Daily Wrap-up
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Suzlon’s Profit Increases Nineteen-fold to ₹29 Billion in FY23

Wind turbine manufacturer Suzlon Energy posted a net profit of ₹3.2 billion (~$38.7 million) during the fourth quarter (Q4) of the financial year (FY) 2023, an increase...

May 31, 2023

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Arjun Joshi

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Other

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Renewable Energy

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Uncategorized
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Suzlon’s Q3 Profit Doubles to ₹780 Million on Lower Finance Cost

Indian wind turbine manufacturer Suzlon Energy posted a net profit of ₹780 million (~$9.4 million) during the third quarter (Q3) of the financial year (FY) 2023, an...

February 15, 2023

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Gautamee Hazarika

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Finance and M&A

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Wind
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Suzlon Sells Balance Stake in Subsidiary Vayudoot Solarfarms for ₹142.3 Million

Wind turbine maker Suzlon has approved the sale of its remaining stake of 51.05% in the subsidiary Vayudoot Solarfarms to Ahmedabad-based Aries Renewables on December 3,...

December 6, 2022

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Gourav Mishra

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Finance and M&A

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Wind
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Wind Turbine Manufacturer Suzlon’s Profit Soars to ₹564 Million in Q2 FY23

Indian wind turbine manufacturer Suzlon Energy posted a net profit of ₹564.7 million (~$6.95 million) during the second quarter (Q2) of the financial year (FY) 2023, an...

November 11, 2022

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Rakesh Ranjan

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Finance and M&A

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Other

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Renewable Energy
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Wind Turbine Maker Suzlon’s ₹2.4 Billion Rights Issue Oversubscribed

Indian wind turbine maker Suzlon announced raising ₹12 billion (~$145.80 million) through a rights issue of 2.4 billion partly paid-up equity shares. The issue was...

October 21, 2022

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Gourav Mishra

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Finance and M&A

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Wind
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Daily News Wrap-Up: Suzlon to Develop 145 MW of Wind Projects for Aditya Birla Group

Here are some noteworthy cleantech announcements of the day from around the world: Suzlon will develop 144.9 MW wind power projects for the Aditya Birla Group. The...

October 18, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Wind Turbine Manufacturer Suzlon to Raise ₹12 Billion Through Rights Issue

India-based wind turbine manufacturer Suzlon Energy hopes to raise ₹12 billion (~$147.09 million) through a right issue of 2.4 billion company shares. The shares with a...

September 26, 2022

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Arjun Joshi

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Finance and M&A

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Other

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Wind
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Daily News Wrap-Up: Suzlon to Supply Wind Turbines for Sembcorp’s 180 MW Project

Here are some noteworthy cleantech announcements of the day from around the world: Suzlon Group announced it had won an order to develop a 180.6 MW wind power project...

September 7, 2022

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Satish Shetty

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Other

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Renewable Energy

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