- Published: 01 August 2006 01 August 2006
Suzlon Energy (SEL) will set up an innovation centre in Denmark, which will focus on concepts beyond design and development-related R&D such as materials technology, logistics costs and management areas and technology innovations for its turbines.
SEL also plans to expand the capacity of its gearbox manufacturing in Belgium from the present 3,300 MW to 4,500 MW by end this fiscal, the investment for which will be firmed up soon. SEL's two manufacturing facilities in the US and China, at investments of US$30 million and US$60 million respectively, will be operational by September. The company also plans to set up a first-of-its-kind rotor-blade testing facility in Asia, at Vadodara, at an investment of € 6 million. Besides, it is increasing its headcount in India from the present 5,500 to 7,500 and overseas from 1,500 to 2,500. The company will be focusing on emerging European markets such as Portugal, France, Italy and Greece to drive its overseas business.