Tuesday, 17 August 2010

Siemens wins one billion dollar wind power orders

www.google.com
Thu, 12 Aug 2010

BERLIN -- Germany's Siemens said Tuesday it has won two orders in the United States and Canada to supply wind turbines that experts said were worth around 800 million euros (1.1 billion dollars). Siemens will supply wind turbines capable of producing 600MWs of electricity, enough for 240,000 households, in Ontario. It will also provide 98 turbines for an Oklahoma wind farm, enough for 227MWs. Market prices for land-based wind turbines are around one million euros perMW, meaning the orders are worth around 800 million euros for Siemens, industry specialists said. "North America is a very important market for wind power", said Rene Umlauft, head of Siemens' Renewable Energy division.

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