Suzlon Energy intends to compete against Chinese wind power companies

On the evening of September 13, according to a “Wall Street Journal” news report, India’s largest wind turbine generator manufacturer, Suzlan Energy Ltd. (532667.BSE, Suslan) stated that the company plans to establish a research and development in China. The center, which is expected to use China as an export hub, will export a large scale 120 MW wind turbine from Brazil to China for the first time. This will increase the competitiveness of Suzlon in China's domestic and international markets in order to counter the huge threat from local wind power companies in China.

Prior to this, Mr. Tandi, chairman of Suzlon, had stated that the plan to export 120 megawatts of wind turbines to Brazil from the Suzlon China factory was the first time for the company to export overseas from low-cost production and supply bases located in China; Part of this vast plan for Chinese export projects.

It is reported that Suzlon’s 600 MW wind turbine will be fully operational in China next year. Chairman Sultan Tulsi Tanti explained this: China will continue to be the most buoyant market for electricity in the next decade. In the long run, we should transfer our core business and industry to China.

China, as the world’s most rapidly developing green energy market, has also attracted Suzlon to join General Electric and European competitors in the development of new technologies and factories in China, where they compete for a large number of orders. Chairman Tanti also stated that they are seeking to establish partnerships with Chinese companies to develop offshore offshore power projects using 5 MW and 6 MW turbine generators.

India Suzlan Energy Co., Ltd. is one of the world's largest manufacturers of wind power turbines. It is a comprehensive multinational company engaged in the development, design and production of wind power equipment, wind power plant design, construction and technical consulting services. Industry leader. In Germany, Denmark, India, the United States and other places have established subsidiaries, R & D institutions, production plants and sales organizations. Suzlan Energy Co., Ltd. is one of the fastest growing companies in the world using wind energy technology.

Suzlan entered the Chinese market in 2005 and established Suzlan Energy (Tianjin) Co., Ltd. in the following year. The wind power equipment produced by the company is sold domestically and abroad. At present, China has become an important base for low-cost production of Suzlon. At the same time, relying on China's vast wind power market and its own advanced technologies, Suzlon has made itself more competitive. In an interview last October, Tandy appeared confident: In 2009, the company's development speed was very fast. Our goal is to achieve the largest foreign-funded enterprises in the field of wind energy in China. However, from the current point of view, Tan Tit’s disclosure at that time may still be somewhat reserved.

Recently, Tanti's speech on the future development strategy of Suzlon Energy has not only stayed in the competition with foreign-funded enterprises in China. The Chinese local large-scale wind power company is the focus of his attention.

In April of this year, Tandy revealed in an interview that the same supply chain of Suzlan as China’s domestic companies is in China, but it is still very difficult to compete with Chinese companies. Because local companies are localized cost structures, but we are the cost structure of globalization, and the high-end technologies brought into China. And we are making the company more competitive. In the past we had a 20% cost difference and now it is only 5%.

At the same time, Tandy also admitted that low-cost, large-scale production and expansion in China are not its ultimate goal. The ultimate goal of Suzlon Energy is to produce wind power equipment in China and then export it to foreign countries. At present, this plan has basically completed its deployment. In the future, China's domestic wind power companies will expand their exports while adding another competitor from China.

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