German windpower firm wins first deal in China

10th May 2005, Comments 0 comments

10 May 2005, HAMBURG - German windpower engineering company REpower Systems said on Tuesday it has won its first project order in China in a deal with its Chinese license partner Dongfang Steam Turbine Works (DFSTW).

10 May 2005

HAMBURG - German windpower engineering company REpower Systems said on Tuesday it has won its first project order in China in a deal with its Chinese license partner Dongfang Steam Turbine Works (DFSTW).

Under the project, seven of REpower's 1.5 megawatt-class wind energy turbines are to be built in Rongchen, in Shandong Province, by the end of the year, the Hamburg-based company said.

It said the seven MD70-type turbines would be manufactured at the German production site in Husum, north of Hamburg, and then shipped to China. Some components such as the towers and rotor blades will be supplied by Chinese companies.

Dongfang Group, based in Chengdu, is a leading manufacturer of steam and gas turbines with 35,000 employees. The licence agreement between Dongfang and REpower Systems AG was signed in November 2004.

"We value the cooperation with a renowned partner such as Dongfang since China is an important market for us," said REpower chairman Fritz Vahrenholt.

"The Chinese energy market is the second largest in the world and is growing, giving rise to enormous demand. In addition to coal-based and hydroelectric plants, wind energy is also taking on an increasing share," he added.

The agreement also calls for a transfer of know-how to the Chinese partner, including the training of Dongfang employees at REpower sites in Germany.

"We will likewise send a couple of our engineers to attend the production of the first turbines in China, which is the best way of supporting our partner and assuring expertise from the start," Vahrenholt said.

REpower also is now planning further projects in China with Dongfang, the company said.

DPA

Subject: German news

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