7 October 2010 – Tulsi Tanti, the founder, Chairman and Managing Director of Suzlon said: “Silas Zimu is a fantastic appointment for us. With 19 years in South Africa’s power sector he understands the business like nobody else in the country. Silas’ experience is second to none and he shares with us the vision for a greener tomorrow. This announcement today underscores our belief that South Africa has huge wind potential, along with our intention to play a major role in bringing that to fruition. We believe that wind power can help South Africa deliver the power the country needs, along with energy security required, and create thousands of green jobs.”
Silas Zimu, who comes to Suzlon from his previous role as Managing Director of major utility company City Power, said: “My vision is clear. I want to see this great country of ours embracing wind for all the right reasons: closing the energy gap between what we generate currently and what we need, offering green electricity, creating many green jobs and enabling sustainability in the social, environmental and ecological spheres.
“I believe that wind has a very important place in South Africa’s energy portfolio, and I am delighted to now have a strong platform with Suzlon to make that a reality.
“I am thrilled to be joining the company I believe is the leader in wind generation, and I am confident Suzlon will play a major role in helping to revolutionize South Africa’s electricity sector.”
Suzlon and REpower, if taken together, stand as the world’s third leading wind turbine supplier group in terms of market share. Market share of 9.8 per cent is derived from BTM Consult ApS World Market Update 2009, ranking Suzlon with 6.4 per cent of global market share and REpower with 3.4 per cent of global market share.