October 4, 2007
Suzlon expands footprint in Brazil
Secures 155 MW Order in Brazil
Mumbai: Suzlon announced a major step forward in expanding its presence in the
Latin American wind market, with the signing of a large new order in Brazil with
Utility-major Servtec Instalacoses E Sistemas Integrados Ltda.
The 155 MW order was won by Suzlon Wind Energy AS; the Denmarkheadquartered
Europe and Latin America marketing subsidiary of international
business arm Suzlon Energy A/S, and is scheduled for completion by August 2008.
Brazilian Utility-major Servtec, launched its maiden foray into the wind energy sector
with the order aimed to meet the power needs of approximately 700,000 consumers.
Mr. Erik Winther Pedersen, CEO - Suzlon Wind Energy AS, stated: We are very
pleased to be associated with Servtec and deliver its first ever venture in the wind
power market. We have a great combination with Suzlons expertise and Brazil
growing to be one of the most promising markets for wind energy in the world.
We are quickly becoming a major player in the Latin American market and it is
largely due to our renewed commitment towards customers, and our unique
products and solutions. said Andre Horbach, CEO of Suzlon Group, from Suzlons
global management headquarters based in Amsterdam, The Netherlands.
The order includes installation and commissioning of wind turbines at four different
locations in the state of Ceare, Brazil. According to Mr Lauro Fiúza Junior, President
and CEO of Servtec, the partnership with Suzlon offers ideal synergies: "We have an
upper hand, with our potential for wind energy and with Suzlon assuming the
responsibility of delivering wind turbines of the highest standards."
Brazil is one of the global leaders in environment friendly energy technologies, and
with the growing global acceptance of wind energy as a crucial part of the energy
matrix, the country offers immense potential for rapid growth of the industry.