Suzlon Energy Ltd - Company Profile
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Business Description
Suzlon Energy Ltd (Suzlon) is a provider of renewable energy solutions, which offers comprehensive solutions that covers the entire wind energy projects scope. It provides complete turnkey solutions from the design to life-cycle asset management.
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R&D Overview
Suzlon focuses its research and development efforts on fostering innovation and integrating outcomes into product development, process, operations and maintenance. Its efforts are dedicated towards improvements in plant load factors, development of wind and solar hybrid projects related electrical and control systems and it also focuses on improving Supervisory Control and Data Acquisition in its SC Trinity service. Moreover, it also emphasizes on reducing the Levelised Cost of Energy, improving efficiency and maximizing output by reinforcing technological know-how. Suzlon has R&D centers across the world, with different focus areas. In Germany the company focuses on development, Design and Product Engineering, Innovation and Strategic Research, integration and certification. It’s research and development in The Netherlands focuses on blade design and integration. In India the company focuses on improvements of Design and Product Engineering, Turbine Testing and Measurement Wind, Resource Development and Technical Field Support Engineering. The company’s Denmark research and development center focuses on the development of Supervisory Control and Data Acquisition. In FY2023, it spent INR981 million on R&D, which was 2.8% of its revenue.
Business Segments
Overview
Generates power and sells solar systems.
Performance
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Overview
Sells fully-finished castings and forgings, and foundry components. It serves customers in wind, construction, transportation, industrial machinery, oil & gas, mining, power, defense and aerospace sectors. - Casting products: main frame/bed plates, rotor hub, rotor shafts, gearbox housing, gas engine/generator frame, planetary carrier and small castings. - Forging products: tower flanges, bearing and forging rings and connector forgings.
Performance
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Overview
Provides operation and maintenance services to wind turbine generators and utility scale solar farms. - Service offerings: repair of damage caused by extenuating conditions; stocking of spares, including no longer manufactured but only maintained, at pivotal locations; equipment service to counter the regular wear and tear of parts; and regular services and enhanced services.
Performance
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Overview
Manufactures and sells wind turbine generators and related components, including sale/sub-lease of land and project execution. - Produces blades, nacelle, towers and foundations. - Wind turbine generator product portfolio: S120, S111 and S128. - Turbines: S97, S88, S82, S66 and S52.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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