Suzlon receives repeat order from China, and KS Oils, India
08 Jul 2009
Suzlon Energy (Tianjin) Limited, a subsidiary of Suzlon Energy (SEL), the world's fifth largest wind power solution company, today said it had received repeat orders from China, and from India-based K S Oils for its wind power turbine projects.
It said that it had consolidated its presence in the China wind energy market with another order for 50MW. The contract, for 40 units of 1.25MW capacity, was signed with the Honiton Energy Group (Honiton).
Honiton is a private project developer, 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 to fully own developed wind projects.
Suzlon has installed 100MW 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 third Suzlon order from Honiton.
China is one of the world's fastest growing markets with an ambitious renewable energy target of 15GW by 2010 and 100GW by 2020.
Speaking about the order, Paulo Soares, CEO, Suzlon Energy Tianjin, 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 Sumant Sinha, COO of SEL.
