Novinte news agency reported Wednesday that India's wind turbine company Suzlon has formed a joint venture with Volkswind Bulgaria GmbH, a subsidiary of Volkswind GmbH.
Volkswind Bulgaria is one of Europe's leading Independent Power Producers, with more than 40 wind farms. Volkswind Bulgaria GmbH's partner in the project is Suzlon's European subsidiary wing, Suzlon Wind Energy.
Suzlon Wind Energy Chief Executive Officer Erik Winther Pedersen said, "This marks the beginning of a long-term partnership with Volkswind Bulgaria GmbH and is a very important step in our strategy to expand our project development activities into new regions."
He added that Suzlon already has a 13-megawatt wind power project under construction in Bulgaria.
Volkswind Bulgaria GmbH Director Malte Huchzermeier noted: "Suzlon's existing infrastructure and experience from already erected turbines in Bulgaria will be beneficial for the development process. We are looking forward to building successful projects with Suzlon."