Germany - Repower expects wind turbine orders to rise in 2010, CEO says

Repower Systems AG, the German unit of India’s Suzlon Energy Ltd., expects wind-turbine orders to rise next year as climate-change talks in Copenhagen may increase demand for renewable energy.

“The industry was pretty low on order inflow in 2009 and we are seeing the first signs of that easing up a bit,” Repower Chief Executive Officer Per Hornung Pedersen said yesterday, declining to give a numerical forecast. “The signals from Copenhagen are very important.”

Negotiators from 192 nations at the Copenhagen talks that started yesterday may agree on a framework to curb emissions from power plants and factories blamed for global warming. An accord with strong global endorsement to fight climate change could potentially accelerate the wind-power industry, Denmark- based MAKE Consulting said in a Nov. 24 report.

Repower yesterday announced an order from the U.S. to supply 70 turbines capable of generating 143.5 megawatts of power, the second deal in less than two weeks for the Hamburg- based company.

Suzlon rose 4.7 percent to 83.05 rupees in Mumbai trading yesterday, the most since Nov. 30. Repower gained 0.3 percent to 115.05 euros in Frankfurt.

For more information please contact Trevor Sievert at ts@windfair.net