Suzlon, a provider of renewable energy solutions, said on Monday that Serentica Renewables, a platform devoted to decarbonization and pushing the energy transition for energy-intensive businesses, had placed a “significant”Continue Reading
Suzlon Group, India’s renewable energy behemoth, has received its second order for the 3 MW product series, signing a contract with Juniper Green Energy Private Limited for a 69.3 MWContinue Reading
An Indian lender has approved Suzlon Energy‘s intention to convert some of its debt of around Rs 4,100 crore into equity. Following the dilution, creditors’ ownership would increase to 35Continue Reading
Suzlon Group, India’s largest renewable energy solutions provider, has announced its new order win for development of a 252 MW wind power project from CLP India. Suzlon will install 120Continue Reading
Debt-laden, Suzlon Energy has finally received two critical lifelines from its lenders and bondholders. Multiple banks, led by India’s largest — State Bank of India — approved a plan toContinue Reading
The share price of Suzlon Energy dipped by 10 per cent on Wednesday morning after the financially-strapped renewable energy solutions provider said it defaulted on loans worth Rs 7,256.38 crore.Continue Reading
Suzlon Energy Ltd has found a new suitor even as a rescue plan of Canada’s Brookfield Asset Management Inc. faltered, said Tulsi Tanti, the founder and chairman of the financially-troubled windContinue Reading
For years, Suzlon Energy had been flirting with financial turmoil and recently the company witnessed a rather unfortunate milestone which could define the company’s future. As several market analysts hadContinue Reading
