Suzlon Targets 10 GW Annual Renewable Sales And 70 GW AUM By FY31

Suzlon will continue turbine manufacturing while moving into adjacent segments, including solar and storage. The company plans to enter the battery energy storage systems (BESS) market and to establish a manufacturing facility by 2027 to support grid stability and renewable integration. Its engineering, procurement and construction (EPC) platform will be expanded to deliver integrated wind, solar and storage projects. The renewable energy development arm will provide end-to-end project development services, including land acquisition, grid connectivity and regulatory approvals.

The group expects the renewable development business to contribute 60 per cent of overall volume by FY31 and views asset management as a source of recurring revenue. It will broaden offerings across wind, solar, hybrid and multi-brand assets and scale operations and maintenance capabilities as its managed portfolio grows. Suzlon plans to scale its order book and AUM fourfold and to pursue export opportunities to diversify revenue streams. The roadmap is intended to accelerate project delivery and to deepen the company's presence in domestic and international markets.

The strategy signals a shift towards integrated solutions that combine manufacturing, development and long-term asset services. Execution will focus on building manufacturing, project execution and service capacities while pursuing market share in India and abroad. The company anticipates that the combined initiatives will strengthen recurring revenue and support the energy transition. Industry participants will monitor progress against the FY31 targets.