$SUZLON

Suzlon Energy is the primary vehicle for India’s wind energy ambitions. The analyst notes that wind is a critical complement to solar, and India plans to double its wind capacity to 100 GW in the next few years. Suzlon has successfully navigated its past financial troubles and is now the leading indigenous player in a sector where the government is pushing for "energy independence." In my view, Suzlon is a classic turnaround story that has now reached a point of stability. The cost of production for wind energy is falling, and the demand from the grid is rising at 7% annually. While it was once considered a risky bet, the current policy environment makes it a strategic play on India’s green transition. It is a vital holding for those looking to diversify within the renewable space beyond just solar panels.