April 12, 2007
Suzlon announces major milestone for China Manufacturing facilities
Tianjin/Beijing: Suzlon Energy (Tianjin) Limited (SETL), the China subsidiary of the
worlds 5th largest (1) wind turbine manufacturer, Suzlon Energy Ltd., announced a
major milestone forward in the companys presence in China with the grand
opening ceremony for its integrated wind turbine generator (WTG) manufacturing
facility.
SETLs advanced 250,000 sq. mtr facilities located in Tianjins Hi-Tech Industrial
Park (THIP) and will manufacture WTG and integrate major WTG components,
including rotor blades, generators, nacelles and control panels, with an annual
capacity of 600 MW for all components. The facility, designed to meet
international specifications and produce components meeting the highest
worldwide quality standards, will also include a world class technology and design
centre.
Capitalizing on its location in the Bohai Rim Area, the facility is ideally placed to
serve the growing energy needs of Chinas booming economy.
The facility includes a Learning and Development Center which will facilitate the
transfer of the companys experience and knowledge developed from
manufacturing and installing over 2,700 MW worldwide and help in developing
skilled and educated manpower in China. The facility will help SETL achieve 70%
local content in the product, and will give manufacturers and vendors in China the
opportunity to supply the SETL production program, as well as Suzlon's
production facilities across the globe. The facility will be a major asset to the THIP
by providing further employment opportunities for technically qualified personnel.
The facility is a testimonial to Suzlons long-term commitment in China.
Suzlon has invested around USD 60 million in the establishment of this unique
facility with an annual production capacity of 600 MW, which will support Suzlon
in meeting targets set in the Renewable Energy Law. Additionally, our new
facilities has created more than 500 new jobs, supporting the development of
THIP and Tianjin
Chinas Renewable Energy Law, which came into effect in PRC from 01.01.2006, is
one of the largest state-sponsored commitments toward renewable energy in the
world. The National Development & Reform Council of the PRC, in the law, sets
targets to be achieved in two phases 5,000 MW by 2010, and 30,000 MW by
2020. China is consistently making aggressive efforts to promote renewable
energy sources, and the significant growth experienced by the Wind Industry in
the last 2 years is testament of the good market conditions in China, fuelled by
the government policies.
Mr. Andre Horbach, Suzlon Group CEO, says that based on Chinas growing
demand as consequence of the Renewable Energy Law, Suzlon is very confident
about its future growth opportunities in China. Suzlon is demonstrating strong
commitment to the Chinese market with this new production facility that covers
production of wind turbines generators and key components. With the imbedded
Learning and Development Center, we also create the foundation to further
develop and train our expanding Chinese team, which will be a great step forward
to support our Customers with a World Class team
Mr. Per Hornung Perdersen, CEO of Suzlon International Operation - SEAS said,
today is a milestone for us. China is showing responsibility and commitment to a
sustainable environment with the impressive targets for renewable energy. We are
confident that China will meet its targets and with this investment and our
commitment to the Chinese market embedded in it, we look forward to offer
renewable energy solutions to China in compliance with the Chinese requirements.
According to Paulo Fernando Soares, SEL Chief Representative Officer, Suzlons
investments are a significant contribution to the development of wind energy in
China, and the opening of the new facilities is an important step in this direction.
Furthermore, new products, tailor-made for the Chinese market, will be
introduced in 2007 and be completely manufactured in the new facilities.
Since its inception in China, Suzlon has signed five important contracts in China
with a total of 233.75 MW, of which 12MW are installed and 221MW are planned
or installations in 2007. Suzlons utmost target is to provide first quality
equipments and reliable deliveries to all our Customers in China.
