Suzlon Group, India's largest renewable energy solutions provider, today announced that it has received an order from Vibrant Energy for 33 wind turbine generators (WTGs) featuring its new 3 MW series with a Hybrid Lattice Tubular (HLT) tower for a 99 MW wind power project which is expected to be commissioned by FY25.
This order of the larger wind turbine model from the new 3 MW series ‐ the S144‐140m is part of the agreement wherein Suzlon Energy will supply the wind turbines (equipment supply), provide erection and commissioning services as well as comprehensive operations and maintenance services post‐commissioning.
J P Chalasani, Chief Executive Officer, Suzlon Group, said, "We are delighted to announce our first order with Vibrant Energy which is a highly respected corporate renewable energy solutions provider. This is a significant order for us featuring turbines from our 3 MW series. It is a matter of pride when customers place their trust in Suzlon's technology and service excellence to partner in their renewable energy journey. This order targets the C&I (Commercial & Industrial) consumer segment which we believe will be a significant contributor to India's renewable energy vision going ahead. I look forward to a long partnership with Vibrant Energy in the coming years towards building a sustainable India."
Srinivasan Viswanathan, Chief Executive Officer, Vibrant Energy said: "We are happy to partner with Suzlon Energy Ltd. for our project which will provide round‐the‐clock renewable energy to our corporate customers. Vibrant Energy is a long‐term partner for corporate consumers actively assisting them to meet their sustainability and decarbonisation targets. This is the first time that we are partnering with Suzlon, who is India's leading wind turbine manufacturer, and we look forward to partnering on many more such opportunities. Suzlon's long commitment and leadership in green energy in India is in line with our vision of mitigating climate change by empowering businesses with clean energy solutions."
The Suzlon 3 MW Series
The largest renewable energy solutions provider in India, The Suzlon Group is proud to announce its 3 MW series of wind turbines. With the primary objective of increasing generation, reducing the cost of energy, and contributing to an Aatmanirbhar Bharat, this series marks a significant milestone for the company and the country's wind energy sector.
Suzlon's 3 MW turbines feature a 144‐meter rotor diameter and are designed to unlock low wind sites and deliver improved energy yield suitable for all Indian wind regimes. With local content of up to 85‐90% by its serial launch, this series proves Suzlon's commitment to innovation and self‐reliance.
The S144 wind turbine generator is one of the largest in India, extendable up to 3.15 MW, depending on site wind conditions, available at a hub height of 140 meters going up to 160 meters by its serial launch. At 160 meters hub height the S144 will also be India's tallest wind turbine. Suzlon's S144 fleet will deliver a remarkable 40‐43% higher generation over Suzlon's current model, the S120 - 2.1 MW wind turbine, showcasing its ability to optimize wind resources at higher altitudes and make varied wind sites viable.
Furthermore, the 3 MW turbine generators feature the time‐tested Doubly Fed Induction Generator (DFIG) technology and the SB 70.5 carbon fibre blade engineered and developed by Suzlon. This world‐class technology provides the capability to utilize thinner aerodynamic profiles, resulting in excellent performance across all types of wind regimes, and a significant increase in generation yield per unit of land.
As a leader in the renewable energy sector, Suzlon's 3 MW series of wind turbines is a testament to the company's dedication to delivering sustainable and cost‐effective renewable energy solutions for the future. We are confident that the 3 MW - S144 technology will contribute significantly to the country's renewable energy and net‐zero targets.
Shares of Suzlon Energy Limited was last trading in BSE at Rs. 8.22 as compared to the previous close of Rs. 8.24. The total number of shares traded during the day was 15089868 in over 2955 trades.
The stock hit an intraday high of Rs. 8.32 and intraday low of 8.19. The net turnover during the day was Rs. 124485522.00.