A sprawling hybrid renewable energy farm at sunrise, featuring wind turbines and solar panels.
Suzlon Group has unveiled its ambitious new growth strategy, dubbed ‘Suzlon 2.0’, signaling a significant push to expand its presence in the renewable energy sector. The company has set a target of achieving 10 gigawatts (GW) in annual renewable energy sales by the fiscal year 2031.
This strategic initiative aims to transform Suzlon from its traditional role as a wind turbine manufacturer into a comprehensive solutions provider across the renewable energy spectrum. The ‘Suzlon 2.0’ plan encompasses not only wind energy but also integrates solar power and battery storage solutions, reflecting a diversified approach to meet evolving market demands.
The company’s objective is to substantially increase its renewable energy sales and the assets under its management by 2031. This expansion is expected to solidify Suzlon’s position in the rapidly growing global renewable energy market.
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