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 worlds 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 Suzlons
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
Suzlons EPC experience in large, successful wind projects around the world and the
clients 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: Its 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.**
