January 7, 2008

Suzlon receives 42.5 MW Spain order

Mumbai: Suzlon Wind Energy AS, the Europe and Latin America marketing arm of
Suzlon Energy Limited - the world’s 5th largest wind turbine manufacturer* further
consolidated its position in the Spanish wind energy market with an order for 42.5 MW
of wind turbine capacity. The contract is to be supplied through 22 units of Suzlon’s
S88 – 2.1 MW turbines.

Speaking on the order, Mr. Erik Winter Pedersen, CEO of Suzlon Wind Energy AS,
stated “This is an exciting opportunity and we are very pleased to partner with Eolia
Renovables SRC and Iniciativas Energéticas S.A. We have a winning combination with
Suzlon’s EPC experience in large, successful wind projects around the world and the
client’s considerable experience in the Spanish energy market.”

The customer is a company with Eolia Renovables SRC S.A., as major shareholder and
Iniciativas Energéticas S.A., subsidiary in renewable of the Huarte family group, as
minority shareholder, and has relied on Suzlon the turn-key erection of the wind farm
Jerez (42.5 MW), installing 22 units of the S88 - 2.1 MW turbine, foreseen to start-up
in 2008.

Speaking on the order, Mr. Andre Horbach, CEO – Suzlon Group said: “It’s vital for us
to be present in one of the largest markets for renewable energy in the world, and we
are extremely pleased to partner up with such a professional client”.

Spain has an installed capacity exceeding 11,000 MW* and is estimated to have yearly
installations from 2008-2011 around 2000 MW. Renewable energy has strong national
support – with a target of achieving installations of 20155 MW by 2010. Spain is also
expected to adopt the EU target for RE of 20% in 2020.**

Contact Us

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