A Chicago subsidiary of Suzlon Energy A/S, the Danish based international arm of India's wind turbine company Suzlon Energy Limited, has gained an order for delivery of 247 MW wind turbine capacity to the US. The order was placed by John Deere Wind Energy and comprises 130 wind turbines representing a value of approx. DKK 1.5 bn (USD 255 m).
It is only two years ago that Per Hornung Pedersen, international director of Suzlon Energy A/S, was appointed to build an international growth organisation of Suzlon based in Aarhus, Jutland. "Things have gone a bit better than planned. We started from scratch and have gained a good deal," says Pedersen. For 2006 and 2007, Suzlon Energy A/S has achieved revenues of DKK 7.2 bn (USD 1.2 bn) outside India.
Per Hornung Pedersen points out that the establishment of Suzlon's international business was perfectly timed: "Market growth has been extraordinary. I don't think the industry has ever had such an outstanding period before. But although there is growth, our efforts have probably limited growth for others."
Suzlon Energy Limited has been ranked No.5 among the world's largest wind turbine manufacturers, and the largest in India and Asia in terms of market share in 2005. The international business of Suzlon is managed out of Aarhus, Denmark, where Suzlon has established a wholly owned subsidiary, Suzlon Energy A/S, which in turn has country headquarters in Beijing, Chicago and Melbourne.
The news was reported by financial daily newspaper Børsen.
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