Suzlon looks to buy all of REpower
"We are working toward it," Robin Banerjee said at the Reuters India Investment Summit in Mumbai, adding that Suzlon had no plans to sell a stake in REpower.
Media had earlier said that Suzlon might sell up to 25 percent in REpower for $500 million.
Suzlon Energy, which holds 91 percent of REpower, is the world's third-largest wind turbine maker behind Denmark's Vestas and Spain's Gamesa.
Banerjee said Suzlon would like to grow its revenue from China by 40 to 50 percent, driven by strong demand for renewable energy.
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Covid-19 puts brake on Turkey’s solar sector
ANKARA - The decision by the Turkish Energy Market Regulatory Authority to halt part of the system of processing net metering applications risks bringing the only vibrant segment of the nation’s solar industry to a grinding halt.
The regulator has suspended monthly meetings of the committee which makes technical evaluations of net metering applications, citing concerns about the spread of Covid-19.
The availability of electricity bill credits for net-metering-approved households which inject surplus power into the grid has seen the rooftop projects the scheme is typically associated with remain the only source of new solar generation capacity in Turkey of late.
However the…
