Suzlon Group wins 276 MW in new wind turbines orders across Europe

Suzlon Group-subsidiary, REpower Systems SE, announced cumulative wind farm orders of approximately 276 MW across Europe over a two month period, excluding orders announced separately.

These cover various orders secured between 11th February, 2012 and 15th April, 2012 across Italy, France, Germany, Poland and the United Kingdom.

Andreas Nauen, Chief Executive Officer – REpower Systems SE, said: “These orders highlight our competitive positioning across highly competitive European wind markets. With our focus on technology and customer centricity, we have the right products and services to lead the growth in the sector.”

Tulsi Tanti, Chairman – Suzlon Group, said: “These orders clearly underscore the continuing momentum in the wind sector in developed European markets. With our strong competitive positioning as a Group, we are poised to maintain our strong growth momentum across global markets.” The projects include several wind farms in Germany featuring REpower’s latest 3.4M104 and 3.2M114 turbine models, with 3.4 and 3.2 MW of rated power respectively. Other orders will feature wind turbines of the MM92 and MM82 types.

The Suzlon Group is ranked as the world’s fifth largest wind power supplier, in terms of cumulative installed capacity, at the end of 2010. The company’s global spread extends across Asia, Australia, Europe, Africa and North and South America with over 19,000 MW of wind energy capacity installed in 28 countries, operations across 32 countries, a workforce of over 13,000 and revenues of approximately US$ 5 billion.

Derrick Noe resigns from the executive board of directors of REpower Systems SE

Hamburg, 22 April 2012. REpower Systems SE informs that on 19 April 2012 the Supervisory Board of REpower Systems SE and Derrick Noe, CFO of the company, agreed that Mr Noe will resign from the executive board of directors of REpower Systems SE with immediate effect by way of an amicable mutual agreement due to different views on the company’s future business strategy. Suzlon Group has a policy of not commenting on rumor or speculation.

The Group offers one of the most comprehensive product portfolios – ranging from sub-megawatt on-shore turbines at 600 Kilowatts (KW), to the world’s largest commercial 6.15 MW offshore turbine – with a vertically integrated, low-cost, manufacturing base. The Suzlon Group is headquartered at One Earth, a 10.13-acre campus in Pune, India, powered a 100 percent by renewable energy. One Earth has achieved Platinum-level LEED certification, the highest level of green-building certification.

The Group comprises of Suzlon Energy Limited and its subsidiaries, including REpower Systems SE. REpower is a leader in wind turbine technology, particularly offshore, and produces the 6M – the world’s largest commercial wind turbine. With just under 2,500 employees worldwide, it is headquartered in Hamburg and has around 3,000 wind turbines operating around the world.

www.suzlon.com