Suzlon Group is transitioning from a wind turbine OEM into an integrated renewable energy solutions provider under its "Suzlon 2.0" strategy. Targeting 10 GW in annual sales and 70 GW in assets under management by FY31, the firm is expanding into solar, engineering projects and intelligent BESS with a dedicated manufacturing plant planned by 2027.
PROJECT SNAPSHOT
Project: Suzlon 2.0
Developer: Suzlon Group
Location: India
Technology: Wind, Solar, BESS, Energy Management
Business Segments: RE Tech Solutions, RE DevCo, RE Projects, RE Asset Management
RE Sales Target: 10 GW annually by FY31
Orderbook Target: 15 GW by FY31
Asset Under Management: 70 GW by FY31
Wind Market Share Target: ~40% in India
Export Order Intake Target: 3 GW by FY31
BESS Plan: Manufacturing facility targeted by 2027
Status: Strategic growth roadmap announced
Indian wind turbine manufacturer Suzlon Group is shifting its core business model. Under a newly announced corporate blueprint dubbed "Suzlon 2.0," the company will transition from a pure-play wind turbine original equipment manufacturer (OEM) into an integrated renewable energy solutions provider.
The corporate restructuring divides Suzlon's operations into four operational segments: Wind-First Full Stack Renewable Energy Technology Solutions, Renewable Energy Development Company (RE DevCo), Renewable Energy Projects (EPC) and Renewable Energy Asset Management Services. Management designed this integrated setup to handle everything from initial site development and technology supply to final construction and lifelong operations maintenance.
Under this framework, the company has set major commercial targets for financial year 2031 (FY31). Suzlon intends to increase annual renewable energy sales fourfold to 10 GW, expand its project order book to 15 GW, and quadruple the company's assets under management (AUM) to 70 GW to build a predictable, annuity-driven revenue stream.
Wind energy remains Suzlon’s primary growth engine. The company aims to protect its market share in India's domestic wind sector at roughly 40%, while securing 3 GW of export orders by the FY31 milestone. This expansion relies heavily on the company's new "BlueSky" turbine platform. The fleet features next-generation high-capacity models, including the S175 (5 MW) and S163 (6.3 MW) wind turbines, alongside an existing product portfolio ranging from 2 MW to over 6 MW capacity.
Beyond Suzlon's traditional wind business, the company plans to combine wind power, solar photovoltaics (PV), BESS and energy management software under a single delivery model. In its solar segment, the company plans to utilize an asset-light operational model that prioritizes strategic ecosystem partnerships over direct infrastructure investments.
On the storage front, Suzlon is planning to establish a dedicated BESS manufacturing plant by 2027. This factory will build intelligent storage systems specifically engineered to handle Indian grid conditions. The storage division's primary goal is solving grid intermittency, improving dispatchability and ensuring grid reliability.
To speed up execution, Suzlon uses its RE DevCo platform to improve project timelines by directly handling land procurement, grid connectivity, regulatory compliance and initial site execution. This framework targets standard site-readiness delays to speed up the process of getting new green energy projects online.
At the same time, the firm is planning to expand the capacity of engineering, procurement and construction (EPC) business arm. The expanded EPC division will focus on building these unified wind, solar and storage facilities while maximizing construction efficiency to minimize project delivery delays.
In the service sector, the asset management division will cover wind, solar, hybrid and even multi-brand equipment. To keep these assets efficient throughout their lifecycles, the company is using digital monitoring tools linked to a nationwide field service network to hit its long-term scaling goals.
This major shake-up comes at a perfect time, as energy use and electricity demands are spiking all over the world. Thanks to a really strong financial run, Suzlon brought in over USD 1.75 billion in revenue during the FY2026 fiscal year. This major momentum pushed its total market value past USD 7.5 billion by early June 2026. On the infrastructure side, the business manages a global wind energy asset base of nearly 21.5 GW spread across 17 nations, which splits into 15.5 GW located in India and close to 6 GW deployed internationally.