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Horizon Wind Signs Repeat Order With Suzlon

Posted on: Thursday, 3 April 2008, 09:01 CDT

Horizon Wind Energy has signed a repeat order with Suzlon Wind Energy, a step-down subsidiary of Suzlon Energy, India, for 200MW of wind turbine capacity.

The original contract calls for delivery of 400MW of turbine capacity in 2008 and 2009, and now has been expanded to include an additional 200MW in 2009. The capacity will be supplied in Suzlon's S88-2.1MW wind turbine and will be delivered to various ready-to-build sites across the US.

The turbine agreement includes the supply of 95 units of the S88-2.1MW in 2008 and 190 units in 2009. Suzlon is also contracted for operations, maintenance and service of the wind turbines for two years and an option for five.

Andre Horbach, CEO of Suzlon Group, said: "This order reinforces the trend for renewable energy and wind in the US. Despite economic slowdown, new wind installations more than doubled in 2007 from 2006. With growth drivers like renewable portfolio standards, and the US actively pursuing domestic resources of energy security - we see a strong, promising market going forward."

Source: Datamonitor

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