Suzlon Energy Limited has announced ambitious growth plans, aiming for 10 GW of renewable energy (RE) sales and 70 GW of Asset Under Management (AUM) by FY31. This strategic shift, termed Suzlon 2.0, positions the company as a wind-first, full-stack renewable energy solutions provider, encompassing Wind, Solar, Battery Energy Storage Systems (BESS), and Asset Management. The company plans to build a 15 GW order book and manage 70 GW of renewable energy assets by 2031. Suzlon 2.0 introduces a new business architecture with four key verticals: RE Tech, RE DevCo, RE Projects, and RE AMS. RE DevCo is expected to be a significant growth engine, contributing 60% of the volume. Suzlon aims to capture a 40% market share in the Indian wind market and secure 3 GW of export orders by FY31. The company is also venturing into BESS, with plans to establish a manufacturing facility by 2027. Suzlon's growth strategy involves leveraging ecosystem partnerships for solar and focusing on market-defining wind turbines like the S175 (5 MW) and S163 (6.3 MW). Girish Tanti, Vice Chairman, stated that Suzlon 2.0 is built to accelerate the energy transition, delivering energy security through reliable and affordable solutions. Ajay Kapur, CEO, highlighted RE DevCo as the growth engine, designed to solve project readiness challenges and accelerate time-to-market. The company's new brand promise is "Good Energy That Works," emphasizing dependability, accessibility, affordability, integration, and intelligence in its energy solutions. As of June 1, 2026, Suzlon reported revenues of USD 1.75+ billion for FY26 and a market capitalization of USD 7.5+ billion. The company has installed approximately 21.5 GW of wind energy capacity globally and operates across RE Technology, RE Asset Management, RE Development Company, and RE Projects.
