The development of this agreement, under Ontario’s Green Energy Act and the associated Feed-in Tariff (FIT) program, will provide Ontario consumers enough sustainable clean electricity each year to power more than 240,000 homes.
Siemens has been working with Samsung C&T and its development partner Pattern Energy, on this first phase of development under Ontario’s FIT program where Samsung has committed to develop 2,000 MW of wind power over the next six years.
Siemens will supply technologically advanced wind turbines at selected wind energy projects in southern Ontario and the implementation of this agreement will create up to 300 "green collar" jobs and up to an additional 600 construction and indirect service jobs over its term.
"Canada continues to be a major wind farm market for Siemens and we are pleased to reach this milestone with Samsung on the first phase of Ontario’s FIT program," stated Bill Smith, Senior Vice President Energy for Siemens Canada. "Ontario’s Green Energy Act and the FIT program are important enablers for the development of clean sources of energy, and the Ontario government has shown tremendous leadership in ensuring that the province is one of the world’s most progressive jurisdictions. Our blade factory will enable the Ontario market and will deploy Siemens’ state-of-the-art blade manufacturing technology in doing so."
"Attracting the province’s first-ever wind turbine blade factory is a major milestone in Ontario’s plan to create 50,000 jobs and become a North American leader in the clean energy economy," said Minister of Energy and Infrastructure Brad Duguid. "Ontario is open for business and we look forward to welcoming more renewable energy firms to help boost local economies and deliver a clean electricity supply to Ontarians in every corner of the province."
"Canada is a very important market for Samsung and we support the province’s commitment to green energy and related industries. We are pleased to announce the commitment from the Korean Consortium and Pattern Energy in supporting Siemens Canada to build Ontario’s first blade factory which will serve Ontario’s growing wind power generation market and beyond. This achievement is one of the many significant milestones announced at the signing ceremony of the Green Energy Investment Agreement between the Korean Consortium and the Province of Ontario. Blades that were previously imported to Ontario will now be manufactured here in Ontario and put into service at our wind farms", stated Cheol-Woo Lee, Senior Executive Vice President, Samsung C&T Corporation.
"Pattern Energy has a long history of working with Siemens and we are very pleased to be participating in this order," said Mike Garland, Chief Executive Officer of Pattern Energy. "We have a deep respect for the high quality of Siemens’ wind turbines, which we have utilized in the development of many premier wind farm projects."
So far, Siemens has installed a total of 130 2.3-MW rated wind turbines at Kruger Energy’s 101.2-MW Port Alma wind farm and TransAlta’s 197.8-MW Wolfe Island wind farm in Ontario, and is supplying an additional 152 units of its 2.3-MW wind turbines to four recently announced projects, which will bring Siemens’ installed capacity to a total of 550 MW by the end of 2011.
The agreement between Siemens and Samsung will build to the current installations and will leverage Siemens’ strong presence in the renewables market. According to Mr Smith "Siemens will build on its existing competencies to attract "green collar" workers and build-out its capabilities in the renewables segment within the province."
Wind power is part of Siemens’ Environmental Portfolio. In fiscal 2009, revenue from the Portfolio totaled approximately EUR23 billion, making Siemens the world’s largest supplier of environmentally friendly technologies. In the same period, the company’s products and solutions enabled customers to reduce their CO2 emissions by 210 million tons. This amount equals the combined annual CO2 emissions of New York, Tokyo, London and Toronto. The Siemens Energy Sector is the world’s leading supplier of a complete spectrum of products, services and solutions for the generation, transmission and distribution of power and for the extraction, conversion and transport of oil and gas. In fiscal 2009 (ended September 30), the Energy Sector had revenues of approximately EUR25.8 billion and received new orders totaling approximately EUR30 billion and posted a profit of EUR3.3 billion. On September 30, 2009, the Energy Sector had a work force of more than 85,100.
Siemens is one of the largest and most diversified companies in the world of electronics and electrical engineering, operating in the industry, energy and healthcare sectors. The company has approximately 5,000 employees in Canada, working to develop and manufacture products, design and install complex systems and projects, and tailor a wide range of solutions for individual requirements. For almost 100 years in Canada, Siemens has stood for technical achievements, innovation, quality and reliability. Sales for Siemens in Canada for fiscal 2009 (ended September 30), were $2.5 billion CAD.
Founded in 1938, Samsung C&T is the mother company of the Samsung Group, South Korea’s largest conglomerate with interests in electronics, chemicals, finance, and numerous other fields. Today, the company’s two business groups – Trading & Investment and Engineering & Construction – are involved in a broad and growing portfolio of businesses, delivering creative, integrated business solutions to customers worldwide through a network of over 100 offices in 44 countries.
Both business groups have achieved many landmark accomplishments over the years in preparation for such an opportunity – among them, launching Korea’s first utility scale solar energy project and building the world’s largest skyscraper. Samsung C & T, Korea Electric Power Corporation (KEPCO) and Pattern Energy plan to build and operate the world’s largest renewable energy cluster in Southern Ontario. Samsung was selected by the Ontario Government for its rapidly expanding expertise in the alternative energy field, but also for the proven track record of constructing projects of similar scale from planning and financing to execution. Samsung and its partners intend to take advantage of Ontario’s talented workforce and hire locally. Samsung C&T is an emerging global leader in new and renewable energy solutions with projects in Canada, the United States, Costa Rica, Korea, France, Italy, Greece, and Turkey.
Pattern Energy Group LP is an independent, fully integrated energy company that develops, constructs, owns, and operates renewable energy and transmission assets in the United States, Canada and Latin America. With a long history in wind energy, Pattern’s highly-experienced team of scientists, engineers, construction experts, and legal and financial professionals has developed, financed and placed into operation more than 2,000 MW of wind power.
Pattern’s development pipeline exceeds 4,000 MW of renewable energy projects and multiple transmission projects. Currently under construction is Pattern’s 138 MW St. Joseph Wind Farm in southern Manitoba, Canada and 101.2 MW Hatchet Ridge Wind Farm near the City of Redding in Northern California. Pattern’s fully operational 283.3 MW Gulf Wind project located on the Gulf Coast in South Texas is pioneering the world’s first use of groundbreaking MERLIN SCADA radar technology to protect avian populations. The Pattern team also has extensive experience in developing complex transmission projects, including the Trans Bay Cable project under the San Francisco Bay. With offices in San Francisco, Houston, San Diego, New York and British Columbia, Pattern is strongly committed to promoting environmental stewardship and is dedicated to working closely with landowners and communities to develop and operate premier renewable energy projects. For more information, please visit