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The Five Characteristics of Successful Innovators

There is not much agreement about what makes an idea innovative, and what makes an innovative idea valuable. For example, discussions on whether the internet is a better invention than the wheel are more likely to reveal personal preferences than logical argumentation. Likewise, experts disagree on the type and level of innovation that is most beneficial for organizations. Somestudiessuggest that radical innovation (which does sound sexy) confers sustainable competitive advantages, butothersshow that “mild” innovation – think iPhone 5 rather than the original iPhone – is generally more effective, not least because it reduces market uncertainty. There is also inconclusive evidence on whether we should pay attention to consumers’ views, with somestudiesshowing that a customer focus is detrimental for innovation because it equates to playing catch-up, butothersarguing for it. Even Henry Ford’s famous quote on the subject – “if I had asked people what they wanted, they would have said fast…

Suzlon bags 100.8 MW repeat order from Orange Renewable

Wind turbine manufacturer Suzlon group today said it has won a repeat turnkey order for 100.8 mega watt (MW) from Orange Renewable which will be installed at a wind park in Andhra Pradesh.


Wind turbine manufacturer Suzlon group today said it has won a repeat turnkey order for 100.8 mega watt (MW) from Orange Renewable which will be installed at a wind park in Andhra Pradesh. (AP)

Wind turbine manufacturer Suzlon group today said it has won a repeat turnkey order for 100.8 mega watt (MW) from Orange Renewable which will be installed at a wind park in Andhra Pradesh.
“Suzlon Group has won a repeat turnkey order for 100.8 MW from Orange Renewable, an independent power producer (IPP), to be installed in a wind park in Beluguppa, Andhra Pradesh. The project will be commissioned starting financial year 2016-17,” the company said in a BSE filing.
The company further said it will offer operation and maintenance services for an initial period of 12 years through an integrated package.
The wind park comprises 48 wind turbine generators of Suzlon’s S111 90m, 2.1 MW wind turbines.
Orange Renewable is a developer and operator of renewable energy projects and a 100 per cent subsidiary of AT Holdings Pte Ltd, Singapore.
Shares of Suzlon Energy were trading at Rs 22.40, up 3.23 per cent in the late morning deals.

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