Suzlon pledges green energy for India, China

2 Oct 2008 | Author: Jeanette Wiemers, newsbriefs editor | Print version | Send to a friend

$5 billion commitment will provide renewable energy benefits to 10 million customers

Suzlon Green Energy—held by India’s Tanti family, which also controls Suzlon Energy Ltd.—has pledged to bring 3500 mw of electricity to nearly 10 million people primarily in India and China over the next 5 years by developing $5 billion in green energy assets. The company will provide roughly $1.5 billion in equity for the project, and estimates that their efforts will directly create at least 1000 jobs, and cut 7 million tons of CO₂ equivalent each year.

Would you like to know more about the green strategies of Europe's top companies? Then have a look at our environmental strategy event coming up soon in Amsterdam.

If you would like to know more about how large companies are taking climate change and making it part of their strategy, you might be interested in finding out about our climate change summit on 17-18 February 2009 in London.

And, if you are interested in how big companies are tackling water concerns take a look at the water and business summit. 100 industry leaders to discuss water as business critical this November in London.

There are also some new climate change business intelligence reports available. On emissions trading, offsetting, reducing carbon, and reporting.

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