Wind OEM Suzlon shuts Brazil unit after more than a decade

http://www.rechargenews.com/wind/1309506/wind-oem-suzlon-shuts-brazil-unit-after-more-than-a-decade

Wind OEM Suzlon shuts Brazil unit after more than a decade

Suzlon
announced
it
has
shut
its
Brazilian
subsidiary,
as
the
Indian
wind
group
runs
the
rule
over
its
global
operations
to
focus
only
the
most
profitable
international
markets.

Suzlon
said
the
voluntary
liquidation
of
its
local
unit
Suzlon
Energia
Eolica
do
Brasil

first
set
up
in
2006

was
as
a
result
of
“multiple
factors
that
are
unique
to
Brazil”.

The
Indian
group
added
that
the
move
was
“a
responsible
decision
for
the
benefit
of
the
long-term
sustainability
of

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