Suzlon head sees wind turbine shortfall under pact

COPENHAGEN (Reuters) – Demand for new wind power could far outstrip supply under a new global climate deal, the founder of Asia’s largest wind turbine maker said this week, calling for new manufacturers to help industry to fill orders. Tulsi Tanti, also chairman of India’s Suzlon Energy, said due to the size of the 36.5 billion euro ($53.5 billion) wind turbine market, he does not consider existing manufacturers as competition.

“The market is so large. With a deal agreed here it will grow even bigger, so there’s a lot of room for the new players,” Tanti said on the sidelines of U.N. climate talks in Copenhagen. “The industry hopes to grow more aggressively. The 10 (leading manufacturers) are not able to satisfy these targets, so we need more players.”

Reuters