Suzlon Targets 70GW AUM, 10GW RE Sales by FY31; BESS Foray

New Delhi, Jun 3 (PTI) Renewable energy solutions provider Suzlon on Wednesday said it aims to grow its asset under management four-fold to 70 GW and annual RE sales at 10GW by FY31.

The company is expanding its asset management services across wind, solar, hybrid and multi brand portfolios, a Suzlon statement said. By FY31, the company aims to grow its orderbook to 15 GW.

Leveraging digital pathways and a nationwide service network, it will maximize asset performance across lifecycle.

Girish Tanti, Vice Chairman, Suzlon Group said as the world enters a super-cycle of electrification, Suzlon 2.0 is built to partner with customers and nations to accelerate the energy transition.


This growth will be supported by a 40 per cent market share in India's wind market, 3 GW export order intake, and a shift towards a higher-value mix by targeting a 60 per cent volume contribution from RE DevCo.

Suzlon is foraying into intelligent battery energy storage systems (BESS) to make renewable energy more reliable, dispatchable and grid-ready.

The company plans to establish a BESS manufacturing facility by 2027, focused on developing intelligent storage solutions tailored to Indian grid conditions.

The company had revenues of USD 1.75 billion in FY26 and market capitalization of USD 7.5 billion as of June 1, 2026.