May 2, 2007
Suzlon secures single largest order
Contract to deliver 400 MW capacity to PPM Energy, USA
Pune: Suzlon Wind Energy Corporation (SWECO) - a subsidiary of Suzlon Energy
A/S (SEAS) of Denmark, the international business arm of Suzlon Energy Limited
(SEL) - has signed a contract for a total of 400 MW of wind turbine capacity with PPM
Energy of Portland, Oregon, one of the largest wind power developers in North
America. The contract calls for delivery of 300 MW turbine capacity in 2008, and 100
MW of capacity in 2009. The capacity, to be supplied through Suzlons S88-2.1 MW
turbine, will be delivered starting in 2008.
This agreement is Suzlons single-largest contract for wind turbine capacity till date.
We are very pleased to undertake this project with PPM. The size of PPMs
commitment is a clear signal of Suzlons capabilities and standing as a supplier in the
global wind energy market, said Andre Horbach, CEO - Suzlon Group.
It is an honor to have PPM, with international ties to Iberdrola in Europe, as part of
our key customer base, said Per Hornung Pedersen, CEO of Suzlon Energy A/S of
Aarhus, Denmark. The confidence Suzlon has worked hard to establish among the
U.S. customer base, we believe, will be transferable around the world. We are
looking forward to a long-term relationship with PPM.
PPM Energy is part of the Iberdrola group of companies, the world leader in wind
power, with more than 6,500 MW of combined wind power capacity.
The turbine agreement includes the supply of 143 units of the S88-2.1 MW in 2008,
and 48 units in 2009. Suzlon is also contracted for operations, maintenance and
service of the wind turbines for two years and an option for five, and will do so by
expanding its service territory with new facilities to meet demand.
Suzlon has been flexible in working with PPM at the ground level on various
technical issues, which has enhanced value to PPM and has forged a strong
customer-supplier relationship said Terry Hudgens, CEO of PPM Energy. We believe
our extensive experience with wind power technology, combined with Suzlons drive
to continually improve is going to go a long way to benefit wind power projects to
come.
