Siemens & E.ON Sign 1.15-GW Wind Power Deal

Siemens Energy and E.ON have signed one of the largest wind power deals to date. The two companies agreed that Siemens will supply 500 wind turbines with a total capacity of 1,150 megawatts (MW) to E.ON for new projects in the United States and in Europe.

The wind turbines will be delivered and installed in 2010 and 2011. The reservation agreement between Siemens and E.ON covers the delivery of 500 wind turbines with a capacity of 2.3 MW each. Of the total 1,150 MW, 600 MW of wind power capacity is reserved for U.S. projects and 550 MW will be installed in wind farms across Europe. The deal was announced at the Husum WindEnergy 2008 trade fair in Germany.

“This agreement represents a major milestone in the supply chain strategy for E.ON’s Renewables Business,” said Dr. Frank Mastiaux, CEO of E.ON Climate & Renewables. “We are delighted that Siemens shares our vision and agrees to work together to deliver benefits to both parties. This makes a significant step in the industry’s journey from boutique to industrialization.”

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