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Suzlon to Double Capacity in China
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Suzlon Energy (SUZL.BO), the world's fourth-largest wind turbine maker, posted a 30% rise in quarterly profits, according to a Reuters report.
The Mumbai, India-based company said it intends to double its capacity in china to 1,200 megawatts by 2009 or 2010, and that it may sell part of its ownership in Germany's REpower (RPWGn.DE).
Shares of the company, which has orders worth US$4.2 billion, reached a three-month high on Tuesday.
