Winds of change at Suzlon, focus on solar energy.

After wading through the troubled waters of debt and falling revenues, Suzlon, India's first and the world's fifth largest wind turbine energy maker, is bracing for a leap of faith, on several fronts. From investing in solar energy to repowering of old sites to the second generation of the Tanti family taking charge of different business, the company is reorienting.

Suzlon, the leading Indian player in the wind energy business, is now looking to expand its portfolio by venturing into solar power. 'We have to consolidate, achieve more growth and invest in technology so as to bring the cost of energy down. We do not require any acquisition, but we are now focusing on the need for solar energy. No company in the Indian market is providing end-to-end solutions in solar power. In the next financial year, we will begin offering our customers both wind and solar parks,' Tulsi Tanti, founder and chief executive officer of Suzlon, told Business Standard.

BS