Online Business

REpower to supply 70 wind turbines to US enXco

German firm REpower, in which Suzlon Energy holds 91 per cent stake, has signed an agreement with US-based enXco to supply 70 turbines for a wind farm project by 2011. - Dadri setback drags Reliance Power - Markets at a glance - ADAG eyes alternative locations for power plant if Dadri fails - Setback for Reliance Power"s Dadri plant - Dadri land acquisition not on hold: R-Power - Suzlon: Some breeze, finally "The 70 REpower turbines are intended for a wind farm project in the West Coast (USA) market for delivery in mid-2011," Suzlon Energy said in a statement. "USA forms one of the most important growth markets for wind energy today, this order is another step forward in strenghtening the REpower presence and competitiveness in the country," Tusi Tanti, CMD, Suzlon Energy, and Chairman, Supervisory Board of REpower, said. REpower and enXco have implementated a series of wind farm projects in California, Washington and Indiana. Suzlon Energy acquired 91 per cent stake in REpower in May this year.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

News of the day
Gaining strength
Business Standard / New Delhi October 13, 2009, 0:04 IST
Popular Articles

Aditya Birla PE Fund to pick up 0.5% in BSE
Aditya Birla Private Equity Fund, which is looking to raise Rs 1,250 crore, has finalised some investments, including 0.5 per cent in the country’s oldest exchange, the Bombay Stock Exchange, said sources close to the development.

Smart Portfolios ends 2009 on a high
Although Smart Portfolios kicked off on September 1, 2009, it feels good to end the calendar year on a cheerful note. The net returns in the second season are at the highest point currently. The benchmark S&P CNX 500 portfolio value has appreciated by 12.73 per cent to Rs 11.27 lakh as against its starting corpus of Rs 10 lakh. Ajay Parmar and Amar Ambani continue to outperform the benchmark with a wide margin. While the former"s return has zoomed 20.46 per cent, the latter"s portfolio value has soared nearly 19 per cent. Phani Sekhar has reported gains of 6.72 per cent so far, and Praveen Panjwani"s net worth is up by 6.3 per cent.