Saudi’s Alfanar invests $100m in Indian wind turbine unit

Saudi Arabia’s Alfanar Group is investing $100 million in its Indian wind turbine manufacturing subsidiary Senvion. The first tranche of $34 million was released this month, while the remaining amount will be transferred in a couple of weeks, Senvion said in a statement. The funding will support development of Senvion’s “long-term product roadmap”, it said, […]