Thursday, 24 May 2012

Siemens to supply turbines for Chile’s biggest wind farm

www.bloomberg.com
21 May 2012

Siemens AG (SIE) won an order to supply 115 MWs of turbines for a project north of Santiago that will be Chile's largest wind farm when built. Siemens will deliver, install and commission 50 turbines at the El Arrayan park that's being developed by Pattern Energy Group LP, a San Francisco-based renewables company, and Houston-based utility AEI, according to a statement today.

The order is the first wind-power deal for Munich-based Siemens in Chile. Europe's biggest engineering company joins turbine makers such as Vestas Wind Systems A/S and Xinjiang Goldwind Science & Technology Co in expanding in the nation that's seeking to boost renewables to curb reliance on hydroelectric power. "It is our goal to grow our presence in this region", Felix Ferlemann, chief executive officer of Siemens Wind Power, said in the statement.

The mining unit of Antofagasta Plc, the Chilean group with three copper mines, also has a stake in the project, according to Siemens. Commissioning of the park 400 km (249 miles) north of the capital city of Santiago on the coast of the Coquimbo IV Region is planned in early 2014. The project will provide power for about 200,000 households when built, according to Siemens.

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