Wind energy DeWind Announces Shipment of 10 X 2.0 MW Wind Turbines

DeWind Co, the US headquartered, wholly-owned subsidiary of Daewoo Shipbuilding and Marine Engineering Co. Ltd (DSME) (SEO: 042660), announced today that it has begun shipment of turbines to the 20 MW Frisco Wind Farm, located in the northern-most portion of Hansford County, Texas. The D8.2 turbines are being furnished from DeWind assembly contractor TECO-Westinghouse located in Round Rock, Texas.

“The commencement of the DeWind turbine deliveries to the Frisco site marks the next milestone toward the on-time completion of the wind farm later this year,” noted Robert Rugh, President and CEO of DeWind.

The 2 MW DeWind D8.2 wind turbine model, first installed in 2007, is based upon proven DeWind 2 MW wind turbine technology dating back to 2002, when the first wave of DeWind 2 MW wind turbines entered commercial operation. The grid-friendly design of the D8.2 uniquely provides grid-support capability to all grid situations. In the past, DeWind turbines have been installed in environments ranging from sea level to high elevations in excess of 14,000 ft., in climates from desert heat to extreme cold. Currently, DeWind 2 MW turbines are installed and operating in numerous locations in Europe, Asia, South America and the US.

About DeWind Co: DeWind Co designs, produces and sells DeWind series wind energy turbines, including the 2 megawatt (MW) D8.2 and D9.2 models available in 50 and 60 Hz configuration, and the 2 MW D9.1 model available in 50 Hz configuration. DeWind 2 MW D8 wind turbines featuring an 80 meter rotor have been operating since 2002. DeWind’s latest release, the D9 series, features an enhanced 93 meter rotor while maintaining full IEC Class 2A operational capability. The D9.2 utilizes advance WinDrive(R) hydrodynamic torque converter jointly developed with Voith AG in combination with a fixed speed, high voltage output synchronous AC generator which can be connected directly to the grid without the use of power conversion electronics. DeWind D9.2 wind turbines are currently assembled at TECO-Westinghouse Motor Company (TWMC) in Round Rock, Texas.

About DSME: DSME is the world’s second largest shipbuilder with an annual capacity of 75+ vessels and 7~8 large scale offshore structures such as semisubmersibles and FPSOs (“Floating Production Storage & Offloading”), and has the largest global market share in LNGC, VLCC and semi-submersible drilling rigs. The DSME product portfolio includes commercial ships such as LNG carriers, oil tankers, containerships, LPG carriers, pure car carriers, offshore structures such as FPSO vessels, drilling rigs, drill ships and fixed platforms; and naval vessels including submarines, destroyers, rescue ships and patrol boats. DSME, originally established as Okpo Shipyard on Geoje Island, South Gyeongsang Province in 1973, was spun off from the Daewoo conglomerate in 2000.

www.dewindco.com

www.dsme.co.kr