Suzlon Wins 57 MW Repeat Order Order from Turkish-Utility Major Ayen Enerji

Speaking on the order, Mr. Erik Winter Pedersen, CEO of Suzlon Wind Energy A\S, the Europe-marketing arm of the company stated: “We are extremely pleased to partner with Ayen Enerji with this repeat order. This order underlines the reliability and bankability of our product, and the close-partnership we offer to our customers making for a compelling value proposition.”

Ayen Enerji is one of Turkey’s major utilities with principal focus on production, distribution and sale of electricity. Together with its subsidiaries, The Company has three hydroelectric and one natural gas power plants, with total annual capacity of nearly 1.2 billion kWh.

Speaking on the order, Mr. Sumant Sinha, COO – Suzlon Energy Limited said: “Turkey is one of the key emerging wind power markets in Europe and our relationship with Ayen Enerji puts us on a strong footing to take advantage of the considerable potential of this market.”

Turkey has an estimated wind energy potential of 53 TWh/year. Renewable energy has strong national support – with a target of achieving 12% of all power production from renewables by 2010, translating to an estimated target of 12,000 MW from wind. (Source: Emerging Energy Research: European Wind Power, June 2006.)

Suzlon ranked as the world’s third leading wind turbine supplier in terms of market share in 2008. Suzlon has ranked as the leading manufacturer in the Indian market for ten consecutive years, maintaining over 50% market share. 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. Please visit www.suzlon.com

Suzlon and REpower, if taken together, stand as the world third leading wind turbine supplier group in terms of market share. 12.3% market share derived from BTM Consult ApS World Market Update 2008, ranking Suzlon with 9% of global market share and REpower with 3.3% of global market share.