The world of wind power is growing at a phenomenal pace. Projections put the average growth of the industry at 24% for the next five years.

Suzlon continued its upward growth trend during the quarter ended March 31, 2008, driven by mounting climatic concerns leading to the need for wind energy solutions globally.

Suzlon reported a strong consolidated order book position of USD 4,304 million (3,454 MW); with USD 208 million (160 MW) in domestic orders, and USD 4,096 million; (3,294 MW) in international orders, as on May 19, 2008.

The company reported a 71% growth in its consolidated turnover and a 59% growth in MW sales over the financial year '07.

In terms of market developments, Suzlon made its maiden entry into the southern Indian state of Kerala, with the commissioning of its first turbine there. This was another major step forward in Suzlons endeavors to expand the market and harness the power of wind for the nations economical growth. Suzlon has, in the past year also ...more