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Suzlon’s arm wins 105 MW order for projects in Canada

17 Dec 2012 Evaluate

Suzlon Group- subsidiary -RE power Systems SE has concluded a contract with Wpd Europe GmbH, a subsidiary of project developer Wpd AG, for the delivery of a total of 51 wind turbines. As part of this, a service and maintenance agreement (ISP) for a total of 15 years for the new projects was also concluded.

The RE power MM92 turbines, each with a rated power of 2.05 megawatts (MW), are intended for a total of six projects, Whittington, Spring wood, White Pines, Napier Sumac Ridge and Fairview, to be construction and commissioned in 2014.

In order to serve its growing business presence in Canada and to meet the 50 percent domestic content requirement of the Green of the Green Energy Act, RE power also decided to setup a new rotor manufacturing facility in Southern Ontario

Suzlon Group comprises of Suzlon Energy and its subsidiaries, including Repower Systems SE. Suzlon Energy is leader in wind energy in the India, which is world’s fifth largest wind energy market. Its business model has range of services that include development, manufacturing, marketing, EPC project delivery and operations and maintenance of wind turbine generators around the world.

Peers
Company Name CMP
Waaree Energies 2627.50
Apar Industries 17496.15
Havells India 1114.80
Suzlon Energy 44.16
Siemens 3960.90
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