2024-11-05
http://w3.windfair.net/wind-energy/news/25648-suzlon-brazil-auction

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Wind Industry Profile of


Suzlon leaves Brazilian market

The Indian turbine manufacturer decides to close its Brazilian subsidiary Suzlon Energia Eólica do Brasil Ltda (SEOB).

The company said this is due as a consequence of multiple factors that are unique to Brazil: “We believe that this is a responsible decision for the benefit of long-term sustainability of the Company and its shareholders.“

The Brazilian wind energy market has been hit by a decision of the government lately to stop wind energy auctions in the coming years.

Author:
Windfair Staff
Email:
press@windfair.net
Keywords:
Suzlon, Brazil, auction



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