Suzlon Energy Tianjin Limited (SETL), China-subsidiary of Suzlon Energy Limited – the world’s 5th largest wind turbine manufacturer*, announced the signing of two new orders with the Jingneng Group, China’s leading power project developers. The contracts call for a total of 100 MW of capacity, to be delivered by May 2008.

The first order calls for a delivery of 33 units of S82 – 1.5 MW turbines, and the second for 40 units of S64 – 1.25MW turbines, translating to another 50 MW of capacity.

After winning this order SETL Paulo Fernando Soares, CEO – SETL said, “We are very pleased to partner with Jingneng Group to deliver sustainable power solutions in China. Suzlon has made significant contributions towards the development of wind energy in this market and this order brings us a step closer to enable China to meet its new renewable energy targets.”

Mr. Andre Horbach, CEO – Suzlon Group stated “With opportunities growing with China’s booming economy, we believe it is a key market for wind energy. We are delighted to be associated with one of China’s leading power developers.”

China’s Renewable Energy Law, which came into effect in China from 1st January 2006, is one of the largest state-sponsored commitments toward renewable energy in the world. The law sets targets for two phases – 5,000 MW by 2010, at an annual average of 800 MW per year, current installed capacity being below 1000 MW, and 30,000 MW by 2020, at an annual average of 2,500 MW by 2020.

These targets are expected to boost energy from renewable sources up to 10 percent of total consumption by 2020.

Sourced From: Adfactors Public Relations Pvt Ltd

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