Suzlon Hansen Merger
Contents
SUZLON 3
HANSEN TRANSMISSION 4
INDUSTRY ANALYSIS 4
Wind energy at an inflexion point 4
MARKET POTENTIAL OF WIND ENERGY 4
Value Chain of the industry 4
Critical success factors 4
Wind energy project sector 4
Industrial and wind turbine gearbox manufacturing 4
STRATEGIC INTENT 4
SUZLON 4
Suzlon competitive strengths 4
Risks and concerns 4
Strategic Intent of the acquisition for Suzlon Energy 4
Strategic Intent of the acquisition for Hansen Transmissions 4
Congruence in Intent 4
Synergy Benefits 4
Deal Structuring 4
Post merger integration 4
Organization structure of SEL after reorganization 4
Assessment of the Deal 4
References 16
SUZLON
Suzlon Energy Ltd (Suzlon), promoted by
…show more content…
In UK, for instance, developers have contracted to build wind farms at a price of less than USD 3 cents/kWh, comparable with other conventional sources of power. Rising fossil fuel prices have dramatically influenced the competitive position of conventional power generation technologies rendering wind power even more competitive. Today favorable cost economics has brought wind energy at an inflexion point.
Figure 2 - Potential of wind power
While operational costs have always been an advantage for wind power, high capital cost per unit constrained its economic viability in the past. Technological advancement has made it possible to build larger and lighter turbines, which can capture more energy leading to a substantial fall in capital cost per unit. Over the last two decades, there has been a 55-fold increase in yearly electricity output from wind, partly because the swept area is 25 times larger (due to larger turbines) and partly because the tower height has increased substantially, and wind speeds increase with distance from the ground.
While it is possible to build turbines of up to 5MW even today, the corresponding increase in weight and cost makes the product commercially unviable. By increasing the proportion of advanced blade materials such as glass fiber through innovative process engineering techniques, equipment manufacturers have
Traditionally history of the Americas and American population has been taught in a direction heading west from Europe to the California frontier. In Recovering History, Constructing Race, Martha Mencahca locates the origins of the history of the Americas in a floral pattern where migration from Asia, Europe, and Africa both voluntary and forced converge magnetically in Mexico then spreads out again to the north and northeast. By creating this patters she complicates the idea of race, history, and nationality. The term Mexican, which today refers to a specific nationality
In a recent course of events, the last two members of the Usher family passed away in a rather peculiar manner; “I fled aghast”, says our still terror-stricken source who was at the scene. According to the only eyewitness, who wishes to remain anonymous, Roderick Usher, a shut-in, had been suffering from hypersensitivity and anxiety for a while. His sister, Madeline Usher, suffered from catalepsy. However, these diseases did not directly cause their deaths or the mysterious disappearance of their house.
In the novel Walk Two Moons by Sharon Creech, Salamanca Tree Hiddle or Sal, a 13-year-old girl from Bybanks, Kentucky (and the main character) has to deal with her mother leaving. Sal and her grandparents take a road trip retracing her mother’s path to Lewiston, Idaho, where she’s “resting peacefully”. (5)” Sal goes on a road trip to bring her mother back home on her birthday (in 7 days). While on the road trip, Sal tells the story of her and Phoebe, a girl with a wild imagination from Sal’s new neighborhood she and her dad moved to after her mother left.
According to research done by Discovery News, in January 25, 2013, the top 10 countries, by order of most demand and use of wind energy, are: China, United States, Germany, Spain, India, Italy, France, Canada, Brazil, and Denmark. All of these countries are investing money in wind turbine projects because, in the long run, it is going to benefit them from both the economic and ecofriendly point of view (Discovery News). In addition to these top ten countries in the world, there are more countries that have, or are, investing in these types of projects, since this is the future and correct path for the use Renewable Energy as a replacement for fossil fuels. Fossil fuels are harming the environment to the point where in a short amount of time it is going to be almost impossible to live on Earth because of the catastrophic changes the pollution will cause. (Environmental and Energy Study Institute). The controversies caused in
The first reason is that they are really expensive to build. It takes $1.3 to $2.2 million to build a windmill. Wind turbines under a 100 kilowatts cost $3,000 to 8,000. All the parts of the windmill are located at the top. Also you have to have a lot of people to operate it.
The average cost of a wind turbine is around about 3-4 million dollars, which is reasonably cheap because it powers many houses. It is also cheap for a power bill because it is usually less than 1-cent per kill watt. These costs off wind power could lower your power bill up to 60%, which will allow you to spend your money on other things and not on electrical bills. If this program goes underway everyone will be saving money and not losing it to dear electrical bills.
As the global supply of fossil fuels becomes steadily lower, need is growing for new energy sources that are beneficial to the environment and cost-effective. Wind power is one solution to this need. Wind turbines require significant investment, but are cost-efficient in the long term. If construction of turbines is sufficiently increased, the wind may be able to in the future provide a very major portion of global energy.
Wind turbines are becoming more and more popular across the flatlands of America. Along the same lines as solar power plants in California, there are many issues with wind turbines. Wind turbines are massive towers with a swinging blade that can create wind of up to 100 miles per hour over an acre of air. Turbines require a massive amount of tree removal, roads to be resurfaced and sometimes rebuilt (to access the intended installation area), lots of heavy machinery, digging into bedrock so as to create a good foundation for the tower. It takes 15 to 20 turbines to make it efficient, so it makes all
Do you belong to any religion and adhere to the practices of the religion? People need to ask themselves whether they belong to any religion and whether they adhere to the practices of the particular religion in order to establish their spiritual ascription. There exist different religions in the world that follow different religious practices and beliefs. The difference occurs in the sense that what might appear to be correct or right in one religion might actually be wrong in another religion. Some of the major religions in the world include Christianity, Islam, Hindu, Jewish, and Judaism among other religions. Each member of these religions follows what the religion requires and people in each religion have a
Just in 2008 wind power provided 15,000 megawatts of power, the equivalent of powering 3 million houses. Every megawatt produced by wind reduces 1,220 pounds of CO2 emissions. If the US had 20% of power produced by wind it would be the same as taking 71 million cars off the road and planting 104 million trees. These huge wind turbines don’t build themselves, it would generate millions of consistent jobs for americans. Wind-generating capacity in the United States grew 39 percent per year from 2004 to 2009, and is expected to grow more rapidly as demand for renewable energy increases. As the wind energy industry continues to grow, it will provide many opportunities for workers in search of new careers. Wind energy careers extend beyond the windfarm to the offices and factories which they are
The cause for this great rate of growth in wind power is contributed to tax incentives and state laws mandating renewable energy research. The nation 's total Wind power production is relatively low but some states like Iowa are investing in it heavily. Wind power produces 4.7 percent of the United States electrical energy and makes up over thirty percent of Iowa 's energy (American Wind Energy Association). Wind energy is gaining a lot of traction in northern states but almost does not exist in the southern states. When it comes to reliability wind energy is inferior to Hydropower. In order for a wind turbine to work wind speeds need to be around 8-55 mph and they are only efficient at wind speeds above 30 mph, anything below that minimal (National Wind Watch). This makes wind turbines less reliable because the wind can vary wildly throughout a day. Wind power also comes with some environmental impacts too. Wind Turbines kill tens of thousands of birds a year do to Turbines essentially being giant metal fans (Hosansky). Bats are especially affected because they rely on echolocation to see and giant moving blades confuse them into running into the blades.
“A wind turbine is a machine for converting the kinetic energy in wind into mechanical energy”. (1) The inventor of the first electric wind turbine was Clevelander Charles Brush, who ran his entire Euclid Avenue mansion off of one for 20 years, which later made the cover of Scientific American in 1888. (2) Although the use of alternate energy didn't rise a great deal afterward, this event did open the eyes for many environmentalists. Wind power is only one of our several “energy source[s] whose ‘fuel’ is free and will never be exhausted” (3) with the pros and cons not completely weighed out as to whether it will be truly beneficial or not. The two main issues regarding wind turbines are the environmental effects that they have and the
Deal, 2010, ‘Wind Power: An Emerging Energy Resource’, Technology and Engineering Teacher, pp. 9-15, viewed on September 12, 2011, retrieved from: http://search.proquest.com/docview/853062621/fulltextPDF/13255EC175479D10C7A/1?accountid=42518
Strong management team: To support Suzlon's ambitious growth plans, the Company has undertaken several steps to strengthen its Management, bringing on board senior leaders with expertise in various business domains and global management experience.
While wind power is currently more expensive per unit of energy (the initial cost of construction is spread across a turbine’s lifetime, generally around 20-30 years) than alternatives such as coal; wind power lacks the negative externalities that other energy