Suzlon’s Wind energy and solar energy are both valuable sources of renewable energy, but Suzlon wind energy offers several advantages over solar energy:
Continuous Power Generation: #Suzlon Wind turbines can generate electricity around the clock as long as there is sufficient wind, whereas solar panels produce electricity ONLY during daylight hours (meaning just 50% of the time). This becomes even less during monsoon, cloudy & winter weather.
Meaning in 365 days solar works only for 30% of the time. This means the efficiency is quite low especially in those areas with severe winter.
Wind power is not dependent on the availability of sunlight, making it a more consistent and reliable energy source.
2. Cleaning: Solar Energy requires almost daily cleaning of every single inch of its surface. If its double sided… then even the underside needs to be cleaned. There is no escaping from this. Bigger the plant… bigger will be the surface area…and bigger will be the challenge…
Adani Green Energy_ Suzlon is a 327.6MW onshore wind power project. It is planned in Gujarat, India. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2024.
When I blogged the below post the share price was Rs 7. Today within a few days on 31 Dec 2021 the share price has jumped to Rs 10.20 a 32% jump!!!
Now back up your truck and buy Tata Motors shares which is now selling at Rs470. Tata Motors will cross Rs1,000 mark by next year (Dec 2022). I could be completely wrong but then Tata Motors looks to be the best Indian company to bet on at least for the next 10 yrs.
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Suzlon is not andu- pandu company. It is one of the biggest companies in the WORLD. Revenue is in billion Rupees (million US Dollars). Clean and Green power is the future. Usage of Coal, Diesel & Petrol will be curtailed in India and the World due to 2025 Target which was accepted and signed in the Paris Agreement.
Countries will be punished by Western Countries for not reducing fuel that contribute to Global Warming. Situation is like WAR for western nations and they are increasing the pressure. Trump had reduced the pressure to a certain extent but now Bidden is a person supporting the cause of Climate Change.
So the direction in the country and for the world …the future is WELL SET and Clean Energy companies WILL benefit in the LONG RUN (5 to 10yrs).
It became a loss making company because they wanted to expand into Europe and bought a few companies there. The European laws restricted Suzlon and finally Suzlon sold that arm (RENewPower/Senvion).The company was on the brink of closure due to this few years ago but overcame the problems.
If my memory serves me correct around Sept-2021 Suzlon cleared the last tranche of payments which will give it back its earlier agility.
Indian companies will always be penalized if they do business in other countries unless they open a headquarter in western country. Call it racist laws or patriotic law.
Tatas & Mahindra too had faced it… recently it was M&M’s Roxor vehicle. This is how the world operates. But now that Suzlon sold of their European Business (although at a huge loss) and paid off their major debtors it can operate with greater freedom.
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