Suzlon Share Price: Big update regarding management, this person will handle foreign business

News Topical, Digital Desk : Suzlon Energy announced the appointment of Paulo Fernando Soares as President, Europe on Monday, January 19. The appointment comes as the company intensifies its focus on international markets amid a strategic restructuring.

Paulo Fernando Soares has nearly four decades of experience in the solar energy industry. He has worked in key energy markets such as Germany, Brazil, China, and Spain. He has previously worked with Suzlon and played a key role in expanding the company's presence in Asian markets. According to the company, Paulo will lead Suzlon's business in Europe. His responsibilities will include market expansion, deepening customer engagement, and developing strategic partnerships. Europe is one of the world's largest and most mature wind energy markets. He will also work to build a strong organizational structure for long-term success in the European market. Suzlon currently has a presence in 17 countries. 

What did the company say? Commenting on the appointment, Girish Tanti, Vice Chairman of Suzlon Group, said, "We are delighted to welcome Paulo back to Suzlon. Europe is one of the largest wind energy markets and presents a significant opportunity for strategic growth for us. His direct experience in wind technology, customers, and multiple global markets will significantly strengthen our global growth strategy." On returning to Suzlon, Soares said he is excited to join the company at a time when wind energy is receiving renewed impetus globally. He said, "Suzlon has been among the early pioneers in the solar energy industry and has consistently advocated for the crucial role of solar energy in the global energy transition. The company's technological capabilities and international experience provide a strong foundation for increasing market share in Europe." This leadership appointment comes as Suzlon advances its "Suzlon 2.0" roadmap. Speaking to CNBC-TV18 in Davos, Tanti said this transformation reflects the accelerating global electrification process driven by electric vehicles, AI-based infrastructure, and industrial decarbonization. He added that renewables will account for nearly 80% of new energy capacity added globally by 2025, indicating a structural shift in the global energy mix. On the stock market, Suzlon Energy shares were trading down 1.24% at ₹47.85 as of 1:51 pm on Monday. The stock has lost 9.01% in the past month.
 

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