Wind-energy entrepreneur cites urgent global need, makes largest single energy commitment at Clinton Global Initiative (CGI).
Suzlon Green Power will invest resources and expertise in four key areas:
1. Acquire existing green power assets to develop scale and expertise.
2. Develop greenfield power projects.
3. Garner support and cooperation from a network of vendors, business
4. Partner with local NGOs and other organizations to develop neighborhoods
where the power assets will be developed and operated.
Suzlon and other Tanti companies bring extensive experience in wind farm development. Of the more than 30 wind farms Suzlon has developed, two are of significant size: Sanganeri, on the southern tip of India, with 600 megawatts; and Dhule, northeast of Mumbai, with 1,000 megawatts under development.
The International Energy Agency estimates that the world’s energy needs will increase more than 50 percent by 2030, and both China and India’s energy use is set to double between 2005 and 2030. Suzlon, with other global organizations, is exploring the most efficient renewable energy sources that can be brought to scale to meet this exponentially growing demand for energy.
About Suzlon Green Power Ltd.
Suzlon Green Power Ltd. is a closely held enterprise promoted by the family of Tulsi R. Tanti, which also controls a majority stake in Suzlon Energy Limited, one of the world’s leading producers of wind turbines. Suzlon Green Power’s headquarters is in Ahmedabad, India.
About the Clinton Global Initiative (CGI)
Established in 2005 as a project of the non-partisan William J. Clinton Foundation, the Clinton Global Initiative (CGI) convenes global leaders to devise and implement innovative solutions to some of the world’s most pressing challenges. Since 2005, CGI members have made nearly 1,000 Commitments to Action valued at upwards of $30 billion to improve more than 200 million lives in over 150 countries around the world. Through past Annual Meetings, CGI has brought together more than 80 current and former heads of state, hundreds of top CEOs and non-profit leaders, major philanthropists, and 10 of the last 16 Nobel Peace Prize laureates.
Head – Corporate Communications,
Tel. 001 91 20 40122208
Brendan McCarthy – Edelman,
SOURCE: Suzlon Green Power Ltd.