Wind turbine maker Suzlon Energy today said its revenues from the US market would

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halve in the next financial year because of economic recession there.

"Next year our revenues from the US market would be 15 per cent as against the 30 per cent (of the total) because of the global meltdown," Suzlon Chief Operating Officer Sumant Sinha told reporters here.

The company sold equipment in the US capable of generating 8,000 MW last year. This year it would go down by a couple of thousands, he said.

The US and India contribute one-third each to Suzlon's revenues, he said. However, the fall in sales in the US market would be compensated from Australia, China, India and South Africa, Sinha said.

The company has entered the Sri Lankan market in a small way. It has bagged a 10 MW project there. There is a growth potential in Sri Lanka, he said.

In Europe, the order pipeline is robust, but it will report flat growth, he said, adding the market there is mature.

Suzlon has reported a stand-alone net loss of Rs 391 crore for Q3. The company would return to profitability in Q4, he said.

"The last quarter of a year is good for us. Last year, we bagged orders of 800 MW in the last quarter. This year we will exceed that as our capacities have gone up and we have a strong pipeline," he said.