The company aims to build an integrated platform that delivers renewable energy at scale with speed, certainty, and long‑term performance, powering systems that are reliable, accessible, affordable, and intelligent.
Suzlon, India’s largest pure‑play wind original equipment manufacturer, has unveiled an ambitious plan to transform into a wind‑first, full‑stack renewable energy solutions company. This forward‑looking growth phase is targeted to make the Pune‑headquartered $1.75 billion company one of the world’s most integrated renewable energy players.
Announcing this on Wednesday in Mumbai, Girish Tanti, Vice Chairman, Suzlon Group, said, “As the world enters a super‑cycle of electrification, Suzlon 2.0 is built to partner with customers and nations to accelerate the energy transition… In the next five years, we aim to grow our renewable fleet under management by 4x to 70 GW and annual renewable energy sales of 10 GW.”
The Suzlon 2.0 model will be built on a new business architecture comprising four pillars: Wind‑First Full‑Stack RE Tech Solutions, RE DevCo, RE Projects, and RE Asset Management. These businesses will create an integrated platform enabling renewable energy delivery at scale with speed, certainty, and long‑term performance, while powering reliable, accessible, affordable, and intelligent energy systems.
Looking ahead, Suzlon’s nearly 40 per cent market share in India’s wind market, a 3 GW export order intake, and a higher‑value mix with around 60 per cent volume contribution from RE DevCo will support this strategy.
The company has positioned itself as the country’s first full‑stack renewable energy player encompassing wind, solar, battery energy storage systems (BESS), and energy management services under a single, bankable delivery model. In wind, Suzlon will continue to innovate market‑defining turbines, while in solar, it is pursuing an asset‑light model leveraging ecosystem partnerships. This approach addresses the challenge of fragmented renewable procurement and execution by offering a single accountable partner.
Suzlon is also foraying into intelligent BESS to make renewable energy more reliable, dispatchable, and grid‑ready. It plans to establish a BESS manufacturing facility by 2027, focused on developing intelligent storage solutions tailored to Indian grid conditions.
Scaling Through DevCo
The company will ramp up partnerships through RE DevCo, India’s first integrated co‑development platform converting renewable potential into execution‑ready sites at scale. Built on long‑horizon partnerships of up to five years, RE DevCo helps customers scale their renewable energy portfolios faster through end‑to‑end development capabilities across land, grid connectivity, approvals, and project execution.
Ajay Kapur, CEO, said the platform will be the growth engine of Suzlon 2.0 by accelerating project readiness, scale, and reducing time‑to‑market. “We aim to capture 60 per cent of our volume contribution from RE DevCo, leading to 40 per cent market share in the Indian wind market. We are targeting 15 GW of renewable energy orderbook and 3 GW of export order intake by FY2031.”
Suzlon also announced its new tagline, ‘Good Energy That Works’, reiterating its commitment to delivering renewable energy that is dependable, accessible, affordable, integrated, and intelligent.
Dharini Mishra, Chief Brand & Reputation Officer, said, “The world no longer needs just more clean energy; it needs clean energy that works. As energy becomes the foundation of economic growth and human progress, reliability matters as much as sustainability.”
In essence, ‘Good’ reflects the positive impact the company creates on customers, communities, economies, and the environment. ‘Energy’ represents the clean, renewable power it harnesses and scales. ‘That Works’ is its commitment to delivering on demand, performing under pressure, and proving capability through consistent execution.