Sany Wind secures wind turbine orders from JSW Group and Sembcorp
Author: PPD Team Date: 30/10/2024
Sany Wind Energy India has signed agreements to supply wind turbines with a total capacity exceeding 1.3 GW to three subsidiaries of the JSW Group.
Additionally, a 300 MW deal has been finalized with Sembcorp’s India branch, a subsidiary of Singapore’s state-owned energy company. While financial details and specific project locations remain undisclosed, these partnerships highlight Sany’s commitment to advancing wind energy in India.
Sany Renewable Energy, a division of China’s Sany Group, reported strong growth in the first half of 2024, selling 3.3 GW of wind turbines—a 121% increase year-on-year. The company’s revenue from wind turbine sales reached 4.9 billion yuan ($687.1 million), representing 94% of total revenue, with higher profit margins in international markets.
In October 2024, Sany installed its largest onshore turbine, the 15 MW SI-2701150, in Tongyu, Jilin Province, China.