Suzlon Group has commissioned 626 MW of wind power projects in the financial year 2017?18 (FY18), the highest installations by any player during this fiscal. With this, Suzlon has gained a market share of 35% despite an extremely challenging year for the sector and several hurdles due to the transition from FIT to bidding regime.
As a result, the overall wind industry installations plummeted to 1,766 MW in FY18 (32% of FY17 installations) due to stagnant volumes, uncertainty on PPAs and policy environment.
Suzlon Group is one of the leading renewable energy solutions provider in the world with an international presence across 18 countries in Asia, Australia, Europe, Africa and Americas.