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Mr. Vinod R. Tanti serves as Head of SCM at Suzlon Energy Limited. He is also responsible for detailed wind mapping and micrositing for projects carried out by Suzlon Energy Ltd. Sorry for my poor english translation. Last year they won an important race to acquire Germany's REpower on its French rival Areva. The company sold shares to new investors to raise 552 million to finance the acquisition. Last year also enlisted Hansen Transmissions, a subsidiary of Suzlon, the London Stock Exchange. They have orders for 4.3 billion dollars. --- Billionaire "da air" to India The entrepreneur Tulsi Tanti took this country to the forefront of wind turbines, Suzlon Energy wants to conquer 25% of the world for the next five years. The lights in the five-story building, made of gray concrete, Pune, India, seat of Suzlon Energy, the fastest growing company among the five world leaders in manufacturing of wind turbines. After 30 seconds of darkness, the fluorescent lights flicker again with the activation of backup generators. "For us it is routine," says Tulsi Tanti, Suzlon's billionaire founder. "One must understand the limitations of the country and, within that context, building the business." Tanti, 50, made his fortune in a decade providing wind power to Indian companies who have blackouts and high energy costs. The entrepreneur began in 1993 when he bought two turbines to reduce their electricity bills textile company in the state of Gujarat. Your employees dug foundations, set up towers and turbines connected to the overloaded power lines in India, taking advantage of government incentives that allow the firm to exchange the wind power generated by the electricity you use. "After two years saw the savings, we knew that wind is a good resource and we wonder why not focus on that sector," refers Tanti. Suzlon Energy was launched in 1995 and is already the fifth largest manufacturer of turbines. It's a good time for this business. Companies can not keep up with demand. With current oil prices and growing concerns about global warming, governments promote alternative energy sources like solar and wind power. Renewable energy sources account for 3% of global electricity production in 2012, compared to 1% in 2007, according to the industry group Global Wind Energy Council, based in Brussels. Early setbacks In 2007, Suzlon had several setbacks for its rapid expansion. The rotor blades sent to the U.S., Europe and Brazil suffered cracks, which made Edison International, owner of the largest generator of electricity in California, to cancel a big order. Suzlon's rise and reversals are a lesson for investors interested in alternative energy. "The volatility is high for all the renewable energy sector and is the subject of many headlines that can elevate or destroy an action in a single day," said Brian Yerger, an analyst renewable energy Jesup & Lamont Capital Markets in Wilmington, Delaware. The IG Investment Fund in Toronto, which had more than seven million shares of Suzlon in June, sold after the departure of two of the leading Indian company executives: Chief Executive Officer, Andre Horbach, and CFO Patrick Krahenbuhl. The deteriorating economic environment in recent months also gave another blow to their numbers. During the third quarter last MDD lost 26 of its net earnings nearly 35% of cattle a year ago. In so far this year through November 7, its stock had fallen 66% in the Mumbai Stock Exchange. Like all the wind energy sector, Suzlon depends on increasing incentives of governments around the world. In 1997, Massachusetts was the first of 21 U.S. states to force their utilities to buy up to 20% of energy consumed from renewable sources. The wind energy companies also receive a U.S. tax credit of 2 cents per kilowatt-hour of electricity they produce. Since 2004, the Indian states enacted similar requirements up to 10% for utilities, and businesses can claim 80% depreciation of equipment costs in the first year.
Large customers China introduced a plan last year that, from 2020 at least 15% of energy consumption in this country come from renewable sources. In January, the European Union agreed that the region would receive 20% of the electricity consumption of carbon-free sources by 2020, compared with about 6% in 2005. To comply with these rules, utilities are mostly buying wind power because it is cheaper than other renewable sources like solar. The turbines generate electricity costs about 8 cents per kilowatt-hour in the U.S., according to Energy Department data. That compares with 15 cents for solar energy for electricity and 4 coal boiler. "The main driver of wind power is the regulation in Europe and North America to obtain more energy from clean sources," said Philippe de Weck, who runs Clean Energy Fund, the fund clean energy 1.000 MDD, even with shares of Suzlon to Pictet & Cie in Geneva. "Solar power is still very expensive. The only option for achieving this goal is the wind. " No carbon footprint From his small office in Pune, Tanti says it is accelerating the growth of your company to reduce the threat of global warming. Suzlon, which has 13,000 employees worldwide and sells its products in America, Europe, Australia and China aims to have 25% market share in 2013 and being third in the world in wind turbines. Vestas Wind Systems A / S of Denmark is the largest in the world, followed by a subsidiary of General Electric, GE Energy, based in Fairfield, Connecticut. "With the climate change crisis looming, we need to act faster," says Tanti, seated before a portrait of his father, Ranchhodbhai Tanti, hanging on a wall. "Therefore, high growth is the priority, not just the minimum acceptable." As the company expands, add turbines to the electricity network in India to produce more electricity than that used by Suzlon to operate, eliminating your carbon footprint, says Tanti. The new industrial park of 4.5 hectares of Suzlon, 10 miles from his home will be lit primarily by sunlight, to reduce power consumption. The park will also collect rainwater for watering the lawn. The major disadvantage of wind power that the turbines do not operate without wind has prevented it from becoming a major source of energy for over a century. In 1887, the American Charles F. Brush was the first to produce electricity from wind, according to the Danish Wind Industry. Brush built a windmill and used it for 20 years for charging batteries in the basement of his mansion in Cleveland. For decades, the use of renewable energy sources remained limited because even in the best locations, such as southeastern Wyoming, where winds blow continuously at speeds above 25 mph, the turbines operate only 30 to 40 % of capacity. "The question with wind power is that it is a variable source of electricity," says Keith Hays, research director at Emerging Energy Research in Barcelona, ??Spain. "You just can not turn it off and on again." All in one When just 1% of India's electricity generation came from wind energy, Tanti facilities visited and talked with equipment manufacturers and potential customers for a glimpse of the products and services they could sell. In addition to manufacturing turbines, also decided to install and operate. At the same time maintaining its textile company, Suzlon Energy Tanti started with 20 employees in the basement of an office building in the city of Ahmedabad. He had $ 1 million, most obtained bank loans, and a license agreement to use German technology. Soon there were clients: in 1996, Suzlon installed 10 turbines producing a total of 3 MW of electricity in Gujarat for Indian Petrochemicals, the second-largest chemical in India. Suzlon's sales did not take off until 1999 when he began to assemble and operate wind farms to large companies like Tata Finance, Tata Group of a conglomeration of 55.000 MDD, and Bajaj Auto, the second largest motorcycle manufacturer in India. Tanti sold his textile company to a partner a year later. In 2001, the business 'all in one' Suzlon became the largest turbine manufacturer in India, capturing about 50% of the market for new installations. By March 2004, the company had installed a total of 600 MW of wind power. Volatile as air At that time, Suzlon had both the greatest little international markets, working with Danmar & Associates, a wind farm in Minnesota, opening a research center of rotor blades in the Netherlands and a signature design of turbines in Germany , the world leader in facilities. To compete with global heavyweights such as Vestas, Suzlon needed money and brand exposure. "We were a small company and no stock market cotizábamos" says Tanti. "It was then decided to do an IPO (public offer of shares)." The initial public offering in 2005 raised 338 MDD India. The shares were subscribed with excess demand for 46 times and jumped 94% on Bombay Stock Exchange in the first year of trading. Tanti and his family have 66% of the company. Thus, Tanti began expanding through acquisitions to exploit the world's largest markets for wind energy in Europe, America and China. In 2006, Suzlon acquired Belgian company Hansen Transmissions International NV, a maker of gearboxes that magnify the movement of the blades to generate power for 566 MDD. The move gave control of a key component of turbines in short supply. Suzlon also invested in manufacturing, opening new plants in India, China and the U.S. to support global sales. By March 2007, there were 3.768 MW installed wind power, six times compared to 2004. Kirti Vagadia, CFO of Suzlon, said the lower costs of labor and materials have enabled the company to compete with rivals and still get profits. Suzlon's income has almost doubled each year since 2004, exceeding 3.400 MDD in the 12 months ended in March, but then began turbulence. Suzlon V2 palettes he provided John Deere Wind Energy, part of Deere & Co., Moline, Illinois, and other customers began to have cracked under certain wind conditions. In June, Edison International, one of the largest customers of Suzlon, canceled an order for 150 turbines. "We thought it prudent not to buy more until you complete the analysis of cracked turbine," says Douglas McFarlan, a spokesman for Edison. "In a business that is growing as fast as it is not unheard of for such problems occur." Bidding war Vagadia said defective blades have affected the reputation of Suzlon and the company works to limit the damage. Suzlon has set aside 139 MDD to compensate their customers and now ships a product called V3, fiber reinforced plastic, which is not broken. "We are giving confidence to our customers," said Vagadia. "We give the right information to whoever asks the media, analysts or investors." Suzlon's investment in Repower Systems AG, Hamburg, is also worrisome to investors. In May 2007, won a bidding war with French nuclear power giant Areva with an offer of 1,600 MDD Repower, a turbine manufacturer also produces huge offshore drilling platforms. Since then, Suzlon has raised its stake in Repower to 66% by purchasing the interest of the company Areva even when the business of offshore wind farms has been in trouble. Even until last November, the Indian company showed interest in acquiring another 22%. Projects worth 120.000 MDD are stagnant, partly due to a shortage of ships built and, until last September, the rising cost of steel used in the turbines. The turbine of 5 MW REpower is mounted on a tower some 90 meters tall, has blades 61.5 meter long and can only be repaired with the use of a helicopter. Costs of materials have pushed up prices of turbines about 20% since July 2007. In the U.S., public opposition to wind farms that may obstruct panoramic views is a big obstacle that has not built any. The Cape Wind project in Nantucket Sound Strait, off the coast of Massachusetts, has been abandoned due to complaints. Sen. Edward Kennedy, whose family has properties in view of the turbines proposed, has objected to the potential impact on tourism and fishing. "Two years ago, did not foresee a U.S. maritime system until 2020 or so," said Randall Swisher, executive director of American Wind Energy Association, an industry group based in Washington. "But with rising fuel costs and the cancellation of many coal plants by concerns about carbon emissions, especially in the Northeast, there are new developments we can expect much faster than that." Trips in China There is also discontent within Suzlon. In April, the chief financial officer resigned over disputes with Krahenbuhl chief executive Horbach says Vagadia, a former director. A month later, the leader of the company resigned after 16 months in office to spend more time with his family, he adds. In an effort to restore order, the leadership of Suzlon chief executive appointed a manager himself, the vice president of international corporate development, Toine van Megen. 'Not everything is going great in Suzlon' Ambareesh Baliga clear, vice president of Karvy Stock Broking, based in Mumbai. "The games are a cause for concern." Krahenbuhl and Horbach could not be reached for comment. The missteps have not Tanti more cautious as they moved deeper into China's second largest energy consumer in the world. China's wind power capacity will exceed 30 gigawatts (GW) by 2020 compared to the 2.6 GW in 2006, according to the China Wind Energy Association, led by the government. Tanti, who established a plant there in 2006 to manufacture and assemble wind turbine components, agreed to buy Honiton Energy Holdings Plc, China, along with investment bank Arcapita Bank BSC, Manama, Bahrain, MDD by 2,000 in July. Honiton has the rights to operate in the region of Inner Mongolia with the potential to generate 1.650 MW of wind power. So far, there only 50 MW were developed, says Vagadia. As Tanti up his empire of clean energy, also stands out among Indian entrepreneurs differently. When you retire, will not Suzlon her son, Pranav, 23, and his daughter, Nidhi, 22. Pranav working on a rating and Nidhi, at Credit Suisse Group, both in Hong Kong. "I do not follow. Suzlon is managed by a professional team. At the meeting there is a family member. It operated as U.S. or European companies. " 'The most worrying issue for me is if they manage third place in market share but how quickly can leave behind this question of paddles "says McClure, IG Investment. Even with high oil prices, a company that uses a resource as plentiful and ubiquitous as the air has to make a product that customers want to buy. ---- Suzlon wind turbine will produce cost Asian Brazilian Leader in the Brazilian market for the supply of turbines and wind farms with a market share of 45% and the third largest in the world, Suzlon announced it will begin to produce equipment in Brazil from 2011. Passing through Brazil, the founder and CEO, Tulsi Tanti, spoke exclusively with a reporter from Jornal da Energia. According to the CEO's decision to build a factory in the country seek to maintain the leadership position the company in the Brazilian market, which now has 380MW of turbines installed in Brazil. "We put the German technology and the cost of production in India and China," he said. It is estimated that the new manufacturing facility will be reduced by 20% the price of the machines that the company sells the country today. The expected growth of the company in Brazil, according to Tanti, is around 25% a year between 2011 and 2016. An investor that Suzlon teams, despite being imported from Asia, are more competitive than those produced by companies located in Brazil, such as Impsa and Wobben. "It will be much more competitive with the factory here. The price they have it. Just need to offer good technical support. And this should happen to their arrival," he said. The location of the factory will be established within the next two months. For now, just know that the industry will be in the state of Ceará, where the multinational company already has an office since 2007. Cid Gomes Ceará governor met with the CEO of Suzlon and signed a letter of intent, and undertook to create a course to qualify the local workforce. With the advent of the factory should create about 300 jobs. Tanti, chose not to estimate the amount of investment required for the installation of the plant, because according to him, this value depends directly on the location to be chosen. The Brazilian plant will add to the other units that already has the company, which is found in India, China, Germany, Belgium and the United States. The executive said that Suzlon's presence in Brazil can also open ports in South America. "We are very interested in markets in Argentina and Chile," he says. Tanti, noting that the Brazilian farm sector is still in its infancy and that the opportunity for the company is just that. "There is a possibility of Wind Energy. Brazil will continue to build hydroelectric dams, but the wind is a supplementary source," he says. --- Suzlon Energy (Template: BSE) is a wind power company in India. In terms of market share, is the largest wind turbine manufacturer in Asia (and the fifth world1). In terms of net worth, it is the world s most valuable wind power company.2 Headquartered in Pune has several factories in India including Pondicherry, Daman, Bhuj and Gandhidham well as in mainland China, Germany and Belgium. The company is listed on the National Stock Exchange of India and the Bombay Stock Exchange.
---- Suzlon Wind Magtel and want to install a center in Andalusia Magta has joined Suzlon to activate a logistics center and maintenance of wind turbines. Suzlon Wind Magtel and want to install a center in Andalusia Magtel technology is a business group that offers its customers innovative solutions through its seven business lines, operating in sectors such as telecommunications, electric and railway infrastructure, renewable energy, water, ICT and industrial manufacturing. It also has a company devoted exclusively to research, development and technological innovation as a result of a firm commitment to value creation and knowledge. The company, which is present through its 13 branches throughout Andalusia and Madrid, ending 2010 with a turnover exceeding 104 million euros and employs more than 650 employees. Electric cars with lithium batteries do not emit CO2 or damage the environment, provided that the electricity comes from renewable sources like wind, solar photovoltaic and solar thermal. Wind turbines can supply electricity to electric vehicles in the future will also serve to store and regulate the electricity intermittent wind energy sector. --- Suzlon REVE-making? REpower wind turbines in India "There are plans to manufacture wind turbine REpower, which will be for export wind power markets," said Tulsi Tanti, Suzlon's director. Suzlon wind turbines REpower manufactured in India by José Santamarta Suzlon plans to manufacture wind turbines REpower at its plant in Mangalore. Suzlon has about 91 percent of REpower Systems AG of Germany. "There are concrete plans to manufacture wind turbine REpower in our unit of Mangalore, which will be for export markets," said Tulsi Tanti, Chairman and CEO of Suzlon Energy Ltd,. Suzlon has a facility in Padubidri near Mangalore, which makes the rotor blades and nacelles (the top of the tower that holds the components such as gears and brakes), with a total capacity of 1,500 MW per year. The plan is to manufacture wind turbines Suzlon two megawatts of REpower in Mangalore and export markets in the wind, like the U.S., Canada, Australia and Brazil. Will With the manufacture of wind turbines in India REpower, Suzlon and REpower seek to reduce costs in a highly competitive market with excess capacity. The two companies had signed an agreement to support Suzlon latter as sales agent in the USA, Australia and New Zealand. Suzlon will use the port of Mangalore for the export of wind turbines. REpower wind turbine has three factories in Germany and one in China, and manufactures wind turbines of 2 MW onshore wind power and wind turbines for offshore wind farm of 6.15 MW, which until now are the largest in the market. Suzlon and REpower with a combined production capacity of 5,900 MW per year. ---- ACED South African Promoter undertakes the construction of a park of 400 MW Suzlon wind turbine manufacturer based in India, has signed an agreement with South African promoter African Clean Energy Developments (ACED) that includes a firm contract to supply 76 S88 series machines 2.0 MW, plus a put option on 124 other units. The turbines will go to the park Cookhouse. Respect of the contract firm, Suzlon, fifth turbine manufacturer in the world, is committed to building the first phase of 160 MW wind farm. The installation of wind turbines is scheduled for late 2011 or early 2012. ACED has not yet decided who will be the supplier for the next phases of the park, which, when completed, may amount to 400 MW. However, the option to purchase 124 units of Suzlon other positions the Indian technologist as a possible candidate. The value of the shares of Suzlon stock market rose 2.5% following the agreement made public. ACED is a shared partnership between three local investors: African Infrastructure Investment Managers, Macquarie Capital and Afpoc Limited. The chairman of Suzlon, Tulsi Tanti, "South Africa is a rapidly growing economy and a very important market for us, the country has a vast wind resource and the government of the Republic of South Africa has shown remarkable vision and leadership to consider exploitation of this resource as a driver of national growth. "In 2009, the South African central government approved a new tariff system for wind and other renewables. Following this approval, many wind power companies have expressed interest in the country . Among them, Goldwind, the Chinese wind turbine manufacturer. In addition, RES Group, UK renewable energy developer, purchased several months ago a portfolio of wind projects in South Africa with a total estimated capacity of 300 MW. -> Created for Tulsi, Vinod Tanti |
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