REpower Signs 48-MW Turbine Deal

REpower North (China) Co. Ltd has received an order for 24 wind turbines from Guangdong Baolihua New Energy Stock Co. Ltd, an energy and property company based in Guangzhou, China. REpower North will deliver type MM82 turbines, each with rated power of 2 megawatts (MW), in summer 2009 for a wind farm on the coast of Guangdong Province, 2,000 kilometers southeast of Beijing.

The turbines are designed for the high wind speeds on the south Chinese coast and in northern China and are also available in Cold Climate Version (CCV) for temperatures down to -40º C. The joint venture REpower North (China) Co. Ltd was established in 2006 by REpower Systems AG, Chinese steel and engineering company North Heavy Industry Corporation and project developer Honiton Energy Ltd.

“China has a rapidly growing need for energy and will become one of the most important markets for wind power in the long term, particularly against the background of increasing prices for fossil energy. With the technological expertise and the support of our German parent company, REpower North is well equipped to position itself as a quality supplier,” said Pieter Wasmuth, CFO of REpower Systems AG and Chairman of REpower North.
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