- Supply agreement for 54 x S88 – 2.1 MW turbines
- AGL places third repeat order
Suzlon Energy Limited - the world's fifth largest wind turbine maker with 10.5% of global market share* announced today the entering of an agreement between AGL Energy Limited and the company’s Australian operations arm – Suzlon Energy Australia Pty Ltd.
The Supply Agreement calls for the delivery of 54 units of Suzlon’s S88 - 2.1 MW wind turbine generators (WTGs), translating to 113.4 MW of capacity, into Australia in 2009. The turbines will be used in AGL’s pipeline of projects in Australia. This agreement builds on the existing strong relationship between Suzlon and AGL that offers mutual advantages.
Dan Hansen, CEO of Suzlon Energy Australia, said: “We are very pleased to enter into another repeat order with AGL and continue the excellent relationship between our organisations, based on mutual trust, respect and sharing of values. This order is testament to AGL’s confidence in Suzlon’s product and our local team’s expertise and capability to deliver renewable power plant solutions throughout Australia.”
AGL Energy is Australia’s leading energy provider with over 3.4 million natural gas and electricity accounts, and the only Australian energy producer with a full suite of renewable generation. Listed on the Australian Securities Exchange AGL is an S&P/ASX 50 company with a market capitalisation of about AUS$5.2 billion. The company’s roots go back over170 years to the Australian Gas Light Company.
This third AGL contract awarded to Suzlon will result in a total of 133 units of S88 - 2.1 MW WTGs installed on AGL wind farms. Previous contracts were for the turnkey delivery of the now fully operational 94.5 MW Hallett Stage-1 wind farm with all 45 WTGs meeting operating expectations, and the 71.4 MW Hallett Stage-2 wind farm currently under construction, both in South Australia.
Commenting on the order, Mr. Sumant Sinha, COO of Suzlon Energy Limited, said: “The order is a clear validation of Suzlon’s product, technology and customer focus. This is AGL’s third order with Suzlon, supplied with our S88 – 2.1 MW turbine. We are proud to partner with AGL in providing cleaner power and sustainable power solutions, and look forward to an enduring association in the years to come.”
* BTM Consult ApS – World Market Update 2007
About Suzlon Energy Limited
Suzlon ranked as the world’s fifth leading wind turbine manufacturer with over 10.5 % of global market share in 2007. 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 2,700 MW of annual capacity, and has a further 3,000 MW of capacity coming on stream. Please visit www.suzlon.com
