Suzlon Group hits 25,000 MW wind turbine installations globally

It's a milestone for the company.

Suzlon Group, the world’s fifth-largest wind turbine manufacturer, has announced that, in a significant milestone, it has achieved 25,000 MW installations globally.

According to a release from Suzlon, Tulsi Tanti, chair of the Suzlon Group, shared the numbers, and mentioned that the company remains focused on its goals.

“I take pride to share that we achieved a significant milestone of 25,000 MW installations globally. The group remains focused on high growth and profitable markets and is well positioned to gain in its core markets," he said.

Here's more from Suzlon:

"Globally, we will leverage Senvion’s leadership in off-shore technology to capitalize on the growing demand in the offshore segment.

The Indian market has witnessed a positive impact of the government’s thrust on clean energy and policy reforms. We have launched new products and will continue to invest in technology to provide clean and affordable energy for all.”

Mr Kirti Vagadia, Group Head of Finance, said: “We achieved a positive EBITDA in first half which is historically lower than the second half.

We have improved our gross margin by 500 basis points in H1 FY15, primarily due to better product and market mix. We continue to optimize our working capital to improve our operational performance.“