January 11, 2012

Suzlon Group wins 24 MW order in Brazil

  • Order for 12 units of Suzlon S95 turbine, part of the S9x suite
  • 24 MW full turn-key project
  • Repeat order from Brazil’s Servtec Group

Pune / Ceará: Suzlon Energia Eólica do Brasil Ltda. – subsidiary of Suzlon Group,
the world’s fifth leading wind turbine maker – announced a new order from the
Servtec Group to set up, operate and maintain a 24 MW (megawatt) wind power
project in the state of Ceará, Brazil. The project is a partnership between Servtec
and the Brazilian investment fund manager, Rio Bravo Investimentos, and will
comprise of 12 units of Suzlon’s S95 – 2 MW wind turbines.

The project is scheduled to be commissioned in phases by December, 2013 and is
expected to offset over 43,000 tones of CO2 annually. This is the second partnership
between energy and engineering major Servtec and Suzlon, which already has 155
MW of wind capacity operating across four windfarms in Ceará.

Mr. Lauro Fiúza, Chairman of the Board – Servtec Group, said: “Suzlon is a
market leader in Brazil and has immense experience of wind markets in emerging
economies. We are confident to work with them in this second enterprise, they are
the right partners for us in expanding our renewable energy footprint in Brazil. We
look forward to a very rewarding long term relationship for both companies.”

Mr. Fabio Okamoto, Director – Rio Bravo Investimentos, said: “Partnering with
renowned companies such as Servtec and Suzlon gives us great confidence on the
success of this project, one of our first investments in the growing Brazilian wind
market.”

Commenting on the order, Mr. Arthur Lavieri, CEO – Suzlon Energia Eólica do
Brasil Ltda., said: “We are very happy to be working on this second project with
Servtec. This is a very important order for us as it underscores Servtec’s satisfaction
with the performance of our machines and services at the Bons Ventos’ project. It is
a validation of our technology, product and our commitment to our customers.”

Mr. Tulsi Tanti, Chairman – Suzlon Group said: “Brazil is today a very important
economy on the world stage, and a leading adopter of wind energy. As Brazil
deepens its commitment to powering economic growth on green energy, we are
proud to bring our technology, service offerings and vast experience to this market.
With the trust of renowned companies like Servtec, we are poised to make the most
of Brazil’s wind potential.”

Suzlon established its presence in Brazil in 2006. In just over five years, the
company has installed 11 wind farm projects with a total installed capacity of 389
MW and employs over 180 people. Suzlon operations in the country are located at
Ceará State, with sales offices in São Paulo.

Contact Us

Murlikrishnan Pillai
Tel: +91 (20) 67025000
E-mail: ccp@suzlon.com