Suzlon 2.0: Hybrid Renewables, Global Expansion & FDRE Projects Unveiled at Davos

• Girish Tanti, Co-founder and Vice Chairman of Suzlon Group, outlined the 'Suzlon 2.0' strategy at the World Economic Forum in Davos.
• Suzlon is transitioning from a pure wind energy player to a hybrid renewable energy solutions company, focusing on wind, solar, and battery storage.
• The company plans to expand into project development, installation, and EPC capabilities, including fully integrated firm and dispatchable renewable energy (FDRE) hybrid projects.
• India aims for 100 GW renewable energy capacity by 2030, with 80% of new installations in India and 90-92% globally coming from renewables.
• Suzlon targets key overseas markets like Europe and the US, with Europe identified as a major growth region, and is exploring partnerships and inorganic opportunities.

Why It Matters: Suzlon is transforming into a hybrid renewable energy solutions provider with global expansion and FDRE projects.