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Suzlon Energy to enter Latin America, Africa

The company, which has added over 5,000 megawatt of wind power capacity for around 1,500 customers in India, has operations across Asia, Australia and Europe.

twitter-logo PTI   New Delhi     Last Updated: October 28, 2010  | 15:34 IST

Wind turbine major Suzlon Energy has said it is looking to enter new regions, mainly Latin America and the African continent in the coming years.

"Though our major focus will be on India, we are planning to enter the Latin American and African markets in the next few years," Director Harish Mehta said at a conference on renewable energy here.

The company, which has added over 5,000 megawatt (Mw) of wind power capacity for around 1,500 customers in India, has operations across Asia, Australia and Europe.

Mehta said Suzlon plans to focus more on technology improvement in order to make the operations more cost effective rather than on capacity expansion.

On broad environmental concerns, he said there are no international standards defining the requirement of renewable energy for reducing carbon emissions.

Suzlon is the third-largest player in the global market with 10 per cent share worldwide, and more than 50 per cent share in the Indian market.

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