India’s Suzlon Plans to Export Wind Turbines to Brazil from China

by Dave

Los molinos de viento ganan popularidad en la India
 WSJ.com

Suzlon Energy Ltd. plans to open a research-and-development center in China and to make the first large export of turbines from its Chinese factory, its chairman said.

Chaiman Mr. Tanti, speaking on the sidelines of the World Economic Forum, an annual meeting of business leaders, politicians and others, said the planned export of 120 megawatts of wind turbines to Brazil marks the first time Suzlon is using its low-cost manufacturing and supply base in China for sales overseas and is part of broader plan to increase exports from China.

The Brazil deal could be valued at as much as $200 million, based on an industry average for deals of that size. Mr. Tanti declined to specify the value or the name of the buyer, but said the deal could be the largest export of wind turbines from China from a domestic or foreign producer. Each turbine will have a capacity of 2.1 megawatts. They are scheduled for delivery next year, he said. Suzlon, which Mr. Tanti founded in Pune, India, in 1995, is now one of the biggest wind-power companies in the world.

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