Current trend in wind industry is to dump the erstwhile model of wind turbine equipment supplier to develop wind farm on turnkey basis. The earlier which was used by Suzlon and Vestas is not finding support from major players like CLP and Continuum. While the turnkey basis helped a small player, larger players tend to select wind site, operator and installations on case basis which results in better efficiency. It may be noted, turnkey deals were made by investors who opted for green power for tax breaks, so the efficiency was always in question. Many of the wind farms were left to rust, after the depreciation benefits were claimed.
- Category: Industry Overview