Finland - Winwind, Cursor Oy to Develop Wind Energy Cluster

Cursor, TuuliWatti Oy and Winwind have signed a Letter of Intent (LOI) at the same time for the development of wind farm plants in the area, one of which is the Virolahti municipality wind turbine project.

Kotka-Hamina region strengthens its position in the wind energy sector. Cursor Oy, which is a company based in the Kotka-Hamina region, has signed a contract with Winwind, which is a wind turbine manufacturer for the installation of 40 wind turbines in the Kotka-Hamina region by 2013. The parties would endeavor to get new companies join the wind energy cluster at the Kotka-Hamina region and help in the creation of new jobs for Finland’s wind energy sector.

According to Guru Vijendran Winwind’s Chief Operative Officer, the location was very significant for Winwind. The wind turbine factory would offer professional assembly of logistic advantages, turbines and also better customer service in Finland and in the neighboring areas. The 3 MW wind turbines could be altered to suit the domestic conditions for both onshore areas with stronger winds and for inland low wind speed regions. This would be a great opportunity for Winwind to increase the utilization rate of the Hamina factory in the next three years.

The LOI signed by TuuliWatti Oy, Cursor Oy and Winwind also includes development of a project comprising 30 wind turbines on Cursor land. The first project is the Virolahti wind farm where six Winwind 3 turbines would be installed before 2012.

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