Suzlon’s Tanti Predicts ‘Flat’ Wind Turbine Market in 2013
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Wind turbine installations will probably stall in 2013 as policy uncertainty, financing difficulties and delayed grid connections weigh down on projects, Suzlon Energy Ltd. Chairman Tulsi Tanti said.
Tanti said he expects about 45 gigawatts of installations worldwide this year, little changed from the 44.8 gigawatts of turbines Bloomberg New Energy Finance estimates were built in 2012. The London-based analyst forecasts the market to drop to 39.3 gigawatts this year. Suzlon expects its share to total 4 gigawatts, he said.