Brazil - Suzlon secures 24 MW wind power order

Suzlon secures 24 MW wind energy order in Brazil. The wind farm is a partnership between Servtec and the Brazilian investment fund manager, Rio Bravo Investimentos, and will comprise of 12 units of Suzlon's S95 - 2 MW wind turbines.

Suzlon Energia Eolica do Brasil Ltda. - subsidiary of Suzlon Group, the world's fifth leading wind turbines maker - announced a new wind energy order from the Servtec Group to set up, operate and maintain a 24 MW (megawatt) wind farm in the state of Ceara, Brazil.

The wind farm is a partnership between Servtec and the Brazilian investment fund manager, Rio Bravo Investimentos, and will comprise of 12 units of Suzlon's S95 - 2 MW wind turbines.

The wind energy project is scheduled to be commissioned in phases by December, 2013 and is expected to offset over 43,000 tones of CO2 annually. This is the second partnership between energy and engineering major Servtec and Suzlon, which already has 155 MW of wind energy capacity operating across four wind farms in Ceara.

Mr. Lauro Fiuza, Chairman of the Board - Servtec Group, said: "Suzlon is a wind power market leader in Brazil and has immense experience of wind turbines markets in emerging economies. We are confident to work with them in this second enterprise, they are the right partners for us in expanding our renewable energy footprint in Brazil. We look forward to a very rewarding long term relationship for both companies."

Mr. Fabio Okamoto, Director - Rio Bravo Investimentos, said: "Partnering with renowned companies such as Servtec and Suzlon gives us great confidence on the success of this wind farm project, one of our first investments in the growing Brazilian wind energy market."

Commenting on the order, Mr. Arthur Lavieri, CEO - Suzlon Energia Eolica do Brasil Ltda., said: "We are very happy to be working on this second wind energy project with Servtec. This is a very important order for us as it underscores Servtec's satisfaction with the performance of our machines and services at the Bons Ventos' project. It is a validation of our technology, product and our commitment to our customers."

Mr. Tulsi Tanti, Chairman - Suzlon Group said: "Brazil is today a very important economy on the world stage, and a leading adopter of wind energy. As Brazil deepens its commitment to powering economic growth on green energy, we are proud to bring our technology, service offerings and vast experience to this market. With the trust of renowned companies like Servtec, we are poised to make the most of Brazil's wind potential."

Suzlon established its presence in Brazil in 2006. In just over five years, the company has installed 11 wind farm projects with a total installed capacity of 389 MW and employs over 180 people. Suzlon operations in the country are located at Ceara State, with sales offices in Sao Paulo.

The Suzlon Group is ranked as the world’s fifth largest wind turbine supplier, in terms of cumulative installed capacity, at the end of 2010. The company’s global spread extends across Asia, Australia, Europe, Africa and North and South America with over 18,000 MW of wind energy capacity installed in 28 countries, operations in 32 countries, a workforce of over 13,000.

The Group offers one of the most comprehensive product portfolios – ranging from sub-megawatt on-shore wind turbines at 600 Kilowatts (KW), to the world’s largest commercial 6.15 MW offshore wind turbine – built on a vertically integrated, low-cost, manufacturing base. The Group – headquartered at Suzlon One Earth in Pune, India – comprises Suzlon Energy Limited and its subsidiaries, including REpower Systems SE.

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