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Sunday, December 11, 2005

Suzlon Wind Energy brings power to Minnesota, Asia

Suzlon Wind Energy

It is our collective responsibility to ensure that our children inherit a world where they can cherish the abundant beauty of nature, freely breathe and live, play and grow. Since its inception, Suzlon has been committed to a clean and green environment. Suzlon specializes in providing total solutions in Wind Power Generation with cohesive integration of consultancy, design, manufacturing, installation, operation and maintenance services.

The start of this millennium saw Suzlon capture the largest market share in Asia and feature amongst the top ten in the world. Suzlon has developed some of the largest wind parks in Asia including the world's largest wind park of its kind of over 200 MW capacity.

Amongst the various citations received for the contribution made by Suzlon in the wind energy sector, is the prestigious award by the World Wind Energy Association.



Danmar Wind Parks, Minnesota Project



The total project comprises of twelve wind farms located on twelve sites in southwestern Minnesota.

The projects were conceived as a means of allowing local farmers and businesses to benefit from southwestern Minnesota's considerable wind resources through actual ownership of facilities.

The project was developed by DanMar & Associates, Inc., a Minnesota-based development company.

The Wind Turbines were supplied by Suzlon Wind Energy Corp.

The power produced is sold to Northern States Power Company, a subsidiary of Xcel Energy, Inc. and to Great River Energy.

The Minnesota Small Producer Incentive (MSPI) provides cash payments per kWh produced by its facility for ten years to the projects. Each project is owned by a local farmer or small businessman and qualifies for MSPI.



Vankusawade Wind Park, Asia's largest windpower project


Suzlon has commissioned Asia's largest wind park of 201 MW in India.


The Vankusawade Wind Park is located on a high mountain plateau at 1150 m amsl, running north to south above the Koyna Reservoir in the Satara District of Maharashtra State. It is approximately 40 km from the town of Satara (200 km south - southeast of Mumbai), and approximately 80 km from India's west coast.



SUZLON wins $49.56 million orders in China and South Korea

Press Release from Suzlon Wind Energy Corporation

December 6, 2005


MUMBAI, India Pune-based Suzlon Energy Ltd, a leading global wind energy company, has successfully commenced operations in China and South Korea with orders worth $49.56 million.

"We are very pleased with these orders, which reinforce our market leadership in Asia," said Tulsi Tanti, chairman of Suzlon Energy.

"The China order will be supplied from our factory there and the project will be commissioned next year. These two orders are over and above the order book of Rs.21.5 billion announced at the time of our second quarter results on Oct 31."
In China, Suzlon has closed a contract worth $37.41 million for the Guohua Inner Mongolia Huitengliang Wind Farm project, while in South Korea it has clinched a contract for the Jeju Wind Farm project worth $12.15 million at Nansan-ri off Jeju Island.

This is the first phase of a potential 55MW wind power project for Jeju Island, the wind turbine major said in a statement issued Tuesday.

"We are very pleased with these orders, which reinforce our market leadership in Asia," said Tulsi Tanti, chairman of Suzlon Energy.

"The China order will be supplied from our factory there and the project will be commissioned next year. These two orders are over and above the order book of Rs.21.5 billion announced at the time of our second quarter results on Oct 31."

The first contract in China was entered into with Guohua Xilinguole New Energy and Source Co Ltd, a subsidiary of China Shenhua Energy Co Ltd.

Suzlon is hopeful that a renewable energy policy expected to come into force in China from Jan 1 will open up new opportunities.

For the project in South Korea, Suzlon tied up with Unison Co Ltd, the largest local developer with two major wind farm installations. The total installed wind power capacity in South Korea currently is 71.7 MW.

In India, Suzlon has projects at 27 locations in seven states and plans to further enhance its presence.



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