Renewables, Wind

Kalyani Group acquires German wind energy firm

6 September 2007 – India-based industrial conglomerate Kalyani Group has acquired 100 per cent of RSBconsult as part of its plans to enter into the high growth wind energy sector.

RSB is a well-established design and consulting firm and has more than 150 man-years of cumulative and international experience in the wind energy industry.

BN Kalyani, chairman of the Kalyani Group, said: “We are already present in the wind energy sector, both as a wind farm operator, as well as a supplier of components. The group therefore is ideally positioned to further enhance its role in this sector as a wind turbine manufacturer.”

Mr Kalyani added that while RSB will provide strong design and engineering capabilities, the Kalyani Group will provide its well-established global supply chain capabilities.

“We are extremely impressed with the Kalyani Group’s vision and commitment to this industry,” said Andreas Reuter, managing director of RSB. Mr Reuter added that the firms have several complementary capabilities that will help to establish a globally competitive business model in the wind energy industry.

In a press release, the Kalyani Group said that it initially intends to focus on the renewable energy market in Europe and India, with a view to extending this reach to China and the US in the future.