March 28, 2012
Suzlon to co-develop 800 MW wind projects with CGN Wind Energy Co. Ltd., China
- Project opportunities to be explored in emerging markets for wind energy
- To be executed over the next three years
Pune: Suzlon Group (Suzlon), the world's fifth largest wind turbine manufacturer, announced
the signing of a global strategic partnership agreement with CGN Wind Energy Co. Ltd
(CGNWE). CGNWE is a wholly owned subsidiary of China Guangdong Nuclear Power Group. It
is one of the largest wind power developers in China with installed capacity of around 3,000 MW.
The agreement calls for the development of 800 MW of domestic and international projects over
the next three years. A working team has been set up to explore the most viable projects
globally, covering countries such as Brazil, South Africa, India and China.
Speaking on the partnership, Mr. Chensui, Chairman CGNWE, said: We are very happy to
partner with Suzlon for the development of wind power projects worldwide. With Suzlons
experience in the global market and CGNWEs expertise in wind power, we are confident of
building very successful projects to meet the renewable energy needs for these markets
effectively.
Mr. Tulsi Tanti, Chairman Suzlon, said: We at Suzlon are delighted to partner with CGNWE
for the development of wind projects globally with our latest generation of turbines. We hope
that Suzlons extensive experience in across 32 markets worldwide will be valuable for CGNWE in
its endeavor to operate wind farms globally. The professional approach of CGNWE and its
experience in developing large projects make this a symbiotic partnership.
