Suzlon Secures First 105 MW S175 Order from Sunsure

     


    By Dalal Street Investment Journal (DSIJ)

    Summary :

     

    Suzlon Energy has secured its first commercial order for the S175 5 MW wind turbine from Sunsure Energy. The 105 MW project marks the platform's commercial debut and increases the companies' cumulative partnership to 400.8 MW.

    Suzlon Energy

    Suzlon Energy's share price was trading at ₹57.62 as of 11:34 AM on June 30, 2026, up 0.70% for the day. The stock touched an intraday high of ₹57.90 and a low of ₹57.31. Trading volume stood at 300 lakh shares compared with the 30-day average volume of 1,007 lakh shares. 

    The company informed that it has secured its first commercial order for the S175 (5.0 MW) wind turbine, India's tallest and most powerful turbine, just two weeks after its launch. The order, placed by Sunsure Energy, is for 105 MW and marks the commercial debut of the company's newest turbine platform.

    S175 Wind Turbine Order

    The project scope covers the supply, erection, commissioning and maintenance of 21 next-generation S175 wind turbine generators (WTGs) to be installed in the Bijapur district of Karnataka. The S175 is powered by a 175-metre rotor and a 160-metre hybrid lattice tower, a design intended to access stronger and more stable wind regimes at greater heights. According to the company, this allows for higher energy yields and improves project economics, potentially making sites previously considered unviable for wind energy commercially attractive. 

    This is Sunsure Energy's third order with Suzlon in less than 14 months, taking their cumulative partnership to 400.8 MW. The relationship between the two companies has progressed from an initial project on a 2.1 MW platform to subsequent orders on the 3 MW platform and now to the 5 MW S175 turbine.

    Suzlon Energy Limited

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    Updated - 30 June 2026
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    Management Commentary of Suzlon Energy

    Girish Tanti, Vice Chairman of Suzlon Group, said Sunsure began its wind energy journey with Suzlon and has grown into one of India's largest and fastest-growing commercial and industrial (C&I) focused renewable energy providers. He added that the partnership has deepened across geographies, from Karnataka to Maharashtra and across technology platforms, from the maiden 2.1 MW project to scaling on the 3 MW platform and now becoming the launch customer for the 5 MW S175 turbine.

    Manish Mehta, Co-Founder and Chief Commercial Officer of Sunsure Energy, said the company's strategy is centred on meeting the need for firm, reliable clean energy driven by India's accelerated electrification and an expanding manufacturing footprint powered by data centres, global capability centres, advanced manufacturing and electric mobility. He noted that the S175 order is a strategic choice, as the turbine is purpose-built for firm and dispatchable power, enabling integration into hybrid and round-the-clock energy solutions.

    Ajay Kapur, Chief Executive Officer of Suzlon Group, said he is confident that the project will become a case study in effective energy generation and project economics, adding that developing 400.8 MW with Sunsure Energy within 14 months reflects both the pace at which India's C&I renewable energy market is scaling and the trust customers place in Suzlon's technology, execution and innovation.

    About Sunsure Energy

    Founded in 2014, Sunsure Energy is positioned as a round-the-clock renewable energy solutions provider for businesses and utilities in India. As an Independent Power Producer (IPP), the company enables corporations to access clean energy through long-term Power Purchase Agreements that offset up to 100% of power use with round-the-clock clean energy from solar, wind and battery storage.

    Sunsure is backed by Partners Group AG with an equity commitment of USD 400 million and currently has 800 MW of operational renewable energy assets, with 8.30 GW under various stages of development and construction across Maharashtra, Uttar Pradesh, Tamil Nadu, Rajasthan and Karnataka. The company has set a target of 10 GW of operational capacity by 2030.

    About Suzlon Group

    Suzlon Group reported revenues of over ₹16,700 crore for FY26 and held a market capitalisation of over ₹79,000 crore as of June 30, 2026. The company has approximately 21.7 GW of wind energy capacity installed across 17 countries and operates as a wind-first, full-stack renewable energy conglomerate, with businesses spanning RE technology (covering wind, solar and storage), RE development, RE projects and RE asset management. Suzlon's product portfolio includes its next-generation turbines ranging from 2 MW to 6 MW, alongside integrated renewable energy solutions.

    Conclusion

    The order represents the commercial launch of Suzlon's S175 turbine platform and extends an existing relationship with Sunsure Energy that has grown steadily over the past 14 months. The project, to be executed in Karnataka's Bijapur district, adds to the broader scaling of India's commercial and industrial renewable energy segment.

    Source: Dalal Street Investment Journal, NSE, BSE

     

    About the Author

    SEBI Registered Research Analyst (INH000006396).


    Founded in 1986, Dalal Street Investment Journal (DSIJ) brings decades of experience in India’s equity markets. DSIJ's research combines fundamental analysis with price action, guided by disciplined risk management and capital preservation. They follow a structured, data-driven approach designed to help investors and traders make informed decisions beyond short-term market noise. 

    Published Date : 30 Jun 2026

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    This article is for educational purposes only and should not be considered investment advice. Market investments are subject to risks. DSIJ Wealth Advisory Private Limited is a SEBI-registered Research Analyst (Reg. No: INH000006396) and Investment Adviser (Reg. No: INA000001142). Please consult your financial adviser before investing. 

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