Wind Power Stock Drop?

Despite winning a 30-MW wind power project for EDF Renewables, Suzlon Energy’s stock dropped by 3 percent on February 29. The project in Gujarat involves installing 10 wind turbine generators with a rated capacity of 3 MW each, using the Hybrid Lattice Tubular (HLT) tower. Suzlon considers this project a repeat order for its largest turbine series, S144‐140m with a 3 MW rating.

The company will handle the entire project, including supply, supervision, erection, commissioning, and post-commissioning operations and maintenance services.