Repeat order for 40 units of S.64 1.25 MW turbine; Consolidate its presence in China wind Energy market.
Suzlon Energy (Tianjin) Limited a subsidiary of Suzlon Energy Limited (SEL), India’s leading and world’s fifth largest wind power solution Company; consolidated its presence in the China wind energy market with another order for 50 MW. The contract, for 40 units of 1.25MW capacity, was signed with the Honiton Energy Group (“Honiton”).
Honiton is a private project developer, which has been very active in the market and has secured significant amount of new development rights in Inner Mongolia, with several thousand MW of projects development in China. It is the only foreign investor in China who fully owns developed wind projects.
Suzlon has installed 100 MW for Honiton so far and this order will take that figure to 150MW. All the three projects use Suzlon wind turbines making it now the 3rd Suzlon order from Honiton. China is one of the world’s fastest growing markets with an ambitious renewable energy target of 15 GW by 2010 and 100 GW by 2020.
Speaking about the order, Mr. Paulo Soares – CEO Suzlon Energy Tianjin Ltd said: “This order represents an important step to continue our great relationship with Honiton which started since their inception in the Chinese Market.”
“China, despite the fast growth and huge size, is indeed a difficult market to sell wind turbines in. This order is a huge achievement in that backdrop and we are proud of our association with Honiton” said Mr. Sumant Sinha, COO of SEL.
Adding further comment, Mr. Paul Eveleigh, CEO of Honiton Energy Group of Companies said: “We are committed to consistency and high performance which says it all for this third order with Suzlon. Having closely worked together with Suzlon China for more than three years now has made them a go-to provider for Honiton’s projects that require delivery flexibility to adjust to China’s dynamic power market.”
About Suzlon Energy Limited
Suzlon ranked as the world’s fifth leading wind turbine manufacturer in 2008. The company has ranked as the leading manufacturer in the Indian market for nine consecutive years, maintaining over 50% market share. Suzlon has its corporate offices in Pune, India and company’s global spread reflects in its projects and markets portfolio - extending across Asia, Australia, Europe and North and South America. Suzlon is a highly vertically integrated wind turbine manufacturer with manufacturing capability along the full value chain – from components to complete wind turbine systems. The company currently has a combined manufacturing base of 4,200 MW of annual capacity. Please visit www.suzlon.com for more information.
