Suzlon enters Bulgarian wind power market

Suzlon Wind Energy A/S the European division of Suzlon Energy, the world`s third leading wind turbines maker has entered into a joint venture with Volkswind Bulgaria Gmb H through the company DI V Wind OO.

Suzlon Energy Ltd has signed an agreement with Technomash Bulgarian Industrial Group to deliver six Suzlon S88 2.1 MW wind turbines to a wind farm in the Varna region in Bulgaria.

Volkswind Bulgaria is a subsidiary of Germany`s Volkswind GmbH, one of the leading Independent Power Producers ( IPPs) in Europe, and with over 40 wind farms it is also one of the largest operators of wind farms in Germany.

Bulgaria seems to have very promising renewable development opportunities, and has, according to Suzlon 3400 MW mid-term potential for wind energy development. The Bulgarian government has also announced a generous feed-in tariff for wind energy and has set a maximum of 11% of gross energy consumption to come from renewable energy sources by 2010.

The joint venture is aimed to accelerate Suzlon`s growth into the Bulgarian wind energy market combining Volkswind`s local knowledge and development experience with Suzlon`s expertise in developing utility scale projects. The joint venture will develop projects exclusively y using Suzlon wind turbines.

Speaking on the project, Erik Winther Pedersen, chief executive officer (CEO), “Suzlon Wind Energy A/ S said,“This marks the beginning of a long- term partnership with Volkswind Bulgaria GmbH, and is a very important step in our strategy to expand our project development activities into new regions. Suzlon al ready has a 13 MW project under construction in Bulgaria for a leading industrial client, and I believe that our new relationship with Volkswind will help us grow Bulgaria`s wind industry even further.“

Malte Huchzermeier, director, Volkswind Bulgaria GmbH, said, Suzlon`s existing infrastructure and experience from al ready erected turbines in Bulgaria will be beneficial for the development process. We are looking forward to building successful projects with Suzlon.