Wednesday, 18 September 2013

Suzlon unit REpower UK bags 4 contracts

Construction of the windfarm has already commenced and is due for completion by March 2015

Wind turbine maker Suzlon Group today said its subsidiary REpower has signed four orders for supplying equipment in the United Kingdom.

"Suzlon Group's UK subsidiary, REpower UK, has signed four new turbine contracts for supplying turbines for new wind farms in UK in 2013," the company said in a statement.

No financial details of the deal were provided by the company.

The company's UK operation will be supplying turbines for new wind farms at Clashindarroch in Aberdeenshire, Scotland, Eye Airfield in Suffolk in the South East of England, Hampole in Yorkshire and Westnewton in Cumbria, the statement said.

"I am delighted to announce the closure of four new UK contracts. We are particularly delighted to continue our working partnerships with Vattenfall, Broadview Energy and Temporis Capital, as well as signing our first contract with Good Energy with whom we look forward to working with in 2013 and beyond," Andreas Nauen, CEO Repower Systems SE said in the statement.

The Clashindarroch Wind Farm, developed by Vattenfall, is situated in the Clashindarroch Forest near Huntly, Aberdeenshire, and will consist of 18 turbines. With a total installed capacity of 37 MW, the wind farm will provide enough electricity for approximately 19,580 homes per-annum.

Construction of the windfarm has already commenced and is due for completion by March 2015.

Eye Airfield Wind Farm, developed by the Ventus funds and managed by Temporis Capital, will consist of two turbines with a total capacity of 6.8 MW, enough to power approximately 3,600 homes.

Construction at Eye is due to start in November, 2013 and will be completed in April, 2014, it added.

Hampole Wind Farm, developed by Good Energy, will consist of four turbines and represents the first turbine contract to be signed between the two companies.

The site will have a total capacity of 8.2 MW and is expected to generate enough power to meet requirements of over 4,800 homes.

Construction at Hampole has started, and the turbines will arrive in January, 2014 and the site is scheduled for completion by July, 2014, the statement further added.

The Westnewton Wind Farm, developed by Broadview Energy, is located in Cumbria between the villages of Aspatria and Westnewton and will consist of three turbines.

With a total capacity of 6.15 MW, the turbines will generate enough electricity to power approximately 3,250 homes.

Work at the Westnewton Wind Farm is due to commence this winter and will be completed by March, 2014.

Suzlon shares were trading at Rs 6.57, up 2.18% on the BSE in the afternoon trade.

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