REpower wins 74.8 MW wind power order in Germany

REpower Systems AG (WKN 617703) – in which Suzlon Energy Limited is the majority shareholder with over 90 per cent holding – has signed a wind energy contract with German wind farm project developer Denker & Wulf AG, for the delivery of 22 wind turbines to a new wind farm project in Mecklenburg-Western Pomerania, Germany.

The REpower 3.4M104 wind turbines, each with a rated output of 3.4 megawatts (MW), are intended for the Hohen Luckow wind farm southwest of Rostock. The 74.8 MW wind farm will be constructed by 2012. The contract includes a 15-year integrated service package (ISP) which covers project servicing and maintenance, in addition to delivery and installation of the wind turbines.

REpower will install the 3.4M104 wind turbine type – with a hub height of 128 meters and, a concrete and steel hybrid tower – for the first time in a major wind farm project. The new version achieves improved efficiency at locations with low wind speeds delivers higher energy output at inland sites.

Speaking on the order, Mr. Jens Müller-Nielsen, Managing Director – REpower Systems GmbH said: “This order is a huge success for REpower’s operations in Germany. The recent opening of our German subsidiary signaled our intention to further strengthen our position in the domestic market. For the German wind energy market, Hohen Luckow is an extremely large-scale project. The signing of the supply contract illustrates that the REpower 3.4M104 is a very attractive wind turbine type in our product portfolio.

“The long-term partnership with Denker & Wulf AG, which has already been behind numerous successful wind farm projects in the past, is confirmed with this project. We look forward to working together”, says Müller-Nielsen.

With more than 730 MW of installed wind energy capacity, Denker & Wulf is among Germany’s leading wind farm project developers, and also specializes in operational management and repowering. Mr. Torsten Levsen, CEO of Denker & Wulf AG said: “It was particularly important for us to choose the most powerful wind turbine of its kind for such a large-scale project and we are confident that we have found the right partner in REpower.”

Since 2001, REpower Systems AG has supplied 960 wind turbines for the German market with a total output of more than 1,620 MW. From October 1, 2010, fully-owned subsidiary REpower Systems GmbH will bundle sales, project management and service for the core
markets of Germany and Austria allowing the company to sustainably strengthen its position in these growth markets over the coming years.

REpower Systems AG, a Suzlon group company, is one of the leading manufacturers of onshore and offshore wind turbines. The international mechanical engineering company develops, produces and markets wind turbines with rated outputs of 2.05 MW to 6.15 MW and rotor diameters of 82 meters to 126 meters for almost any location.

The company also offers a comprehensive portfolio of service and maintenance packages. The profitable and reliable systems are designed at the REpower TechCenter in Osterrönfeld and manufactured at its plants in Husum (North Friesland), Trampe (Brandenburg) and Bremerhaven as well as Portugal and China.

With about 2,000 employees worldwide, the company, which has been listed since March 2002 and is headquartered in Hamburg, can make use of the experience gained from the manufacture and installation of over 2,000 wind turbines around the world. REpower is represented by distribution partners, subsidiaries and participations in European markets such as France, Belgium, the UK, Italy, Portugal and Spain as well as on a global level in the USA, Japan, China, Australia and Canada.

Suzlon Energy Limited ranked as the world’s third leading wind turbine supplier in terms of market share in 2009. Suzlon has its corporate offices in Pune, India and company’s global spread reflects in its projects and markets portfolio -extending across Asia, Australia, Europe and North and South America. Suzlon is a highly vertically integrated wind turbine manufacturer with manufacturing capability along the full value chain – from components to complete wind turbine systems.

With more than 17 years of experience and more than 550 erected wind turbines Denker & Wulf AG is one of Germany’s leading companies in the field of wind energy. With a current number of 41 employees and business locations in Eberswalde (Brandenburg) and Rerik (Mecklenburg-Vorpommern) apart from its main seat in Sehestedt (Schleswig-Holstein) the company offers a broad range of services starting from the assessment and acquisition of sites, the planning and turn-key construction of wind farms as well as their technical and commercial management to German and international investors and developers.

At the moment our technical management is in charge of more than 550 wind turbines. Another focal point of Denker & Wulf AG is the repowering of existing wind farms. The overall performance of the wind farms erected to this day is at about 750 MW with the company constantly striving to develop new projects in Germany and abroad.

Suzlon and REpower, if taken together, stand as the world’s third leading wind turbine supplier group in terms of market share. Market share of 9.8 per cent is derived from BTM Consult ApS World Market Update 2009 (March 2010), ranking Suzlon with 6.4 per cent of global market share and REpower with 3.4 per cent of global market share.