Suzlon Wind Energy Corp., the U.S.-based subsidiary of Suzlon Energy A/S of Denmark, has extended its contract with PPM Energy, a division of Spain-headquartered Iberdrola, to add 300 MW of wind turbine capacity.
The original agreement called for delivery of 300 MW of turbine capacity in 2008 and 100 MW of capacity in 2009. The new terms add 300 MW in 2009 - for a total of 700 MW over two years - and place the contract among the largest in the wind power industry’s history, according to the companies.
The turbine agreement includes the total supply of 143 units of the S88-2.1 MW in 2008 and 191 units in 2009. Suzlon is contracted for operations, maintenance and service of the wind turbines for two years and an option for five.
"We're exceptionally pleased that PPM Energy has exercised their option to bring Suzlon and the industry a historic contract," says Andris Cukurs, chief executive officer of Suzlon. "This partnership is one for the long haul."