Suzlon pulls the plug in Brazil

Several factors have prompted Suzlon to shut down its subsidiary in Brazil.

The Indian turbine manufacturer has given up on its Brazilian business and has now filed for voluntary liquidation of its Brazilian subsidiary Suzlon Energia Eólica do Brasil Ltda.

The subsidiary was established in 2006 to manage the many business opportunities in Brazil. But Suzlon has now decided, after a long period of contemplating all options, that the Brazilian subsidiary will be closed.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Nel books another operating deficit

Despite achieving a positive bottom-line figure in this year’s first quarter, Nel Hydrogen books yet another substantial operating deficit in the second quarter, albeit improving the result against the same period last year.

Further reading

Related articles

Latest News

See all jobs