Thursday 5 April 2012

Suzlon signs 332-megawatt North Sea turbine deal with PNE

www.bloomberg.com
27 Mar 2012

Suzlon Energy Ltd. (SUEL), India's largest wind turbine maker, will deliver 332 MWs of offshore turbines to a German North Sea project being developed by PNE Wind AG. (PNE3) Suzlon Energy's REpower Systems SE agreed to supply 54 turbines to the Gode Wind I wind farm 35 km (22 miles) north of the Frisian Islands, Pune-based Suzlon Energy said today in a web statement. No terms were disclosed.

Companies including Alstom SA and Siemens AG (SIE) are developing 6- MW offshore wind turbines as nations including France and the U.K, seek to reduce costs of the energy-saving technology. Germany is targeting 10 GWs of wind power in its seas by 2020 from about 200 MWs now while the U.K, plans to reach 18 GWs by the same year.

REpower Systems has sold 150 of its 6.15- MW offshore machines to date including to Gode Wind, according to the statement. The facility, developed by Cuxhaven, Germany-based PNE Wind AG, will generate enough power for 324,000 homes when built, Suzlon Energy said in the statement. The project will be commissioned in 2015, according to Suzlon Energy.

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