Regulatory News:
Alstom’s wind activity Ecotècnia today announced the signing of a frame agreement to supply around 300 MW worth of wind turbines to Iberdrola Renewables, marking Alstom’s first large agreement of this kind in wind energy since it acquired Ecotècnia in November 2007.
Under the terms of the agreement, worth around €300 million, Alstom will supply Iberdrola Renewables with the turbine models Eco 74, Eco 80 and Eco 80 2.0*, totalling around 300 MW, over a period of four years.
“This agreement clearly shows the confidence of Iberdrola Renewables, the world leader in the wind industry, in our renewable energy technology,” said Philippe Joubert, Alstom Executive Vice President and President, Power Systems. “In the wake of the EU’s call for a 20% share of renewables in overall energy consumption by 2020, we expect an ever-increasing demand for Alstom’s wind turbines in the years to come.”
Over 20 GW of new wind turbines were installed worldwide in 2007, boosting global installed capacity to over 100 GW. Europe made up 60% of this total.
About Alstom
Alstom (Paris:ALO) is a global leader in the world of power generation and rail infrastructure and sets the benchmark for innovative and environmentally friendly technologies. Alstom builds the fastest train and the highest capacity automated metro in the world, and provides turnkey integrated power plant solutions and associated services for a wide variety of energy sources, including hydro, gas, coal and wind. The Group employs more than 75,000 people in 70 countries, and had sales of €16.9 billion in 2007/08.
Alstom Ecotècnia designs, assembles and installs a wide range of onshore wind turbines spanning 1.7 MW to 3 MW. The company has taken a significant part of the development of the Spanish wind energy market, which is ranked second in Europe, and currently generates about 50% of its sales from other European countries. To date, the company has installed or is installing more than 1500 wind turbines in 72 wind farms, corresponding to a total capacity of approximately 1500 MW (about 2 % of the worldwide installed base).
About Iberdrola
Iberdrola Renewables has become the leading wind power company in the world, with 8,164 MW installed at the end of the first quarter of 2008, and it is a worldwide reference in renewable energies. Present in 19 countries and in nine of the ten markets in the world with the most growth and development potential in the sector, Iberdrola Renovables is to consolidate its world leadership in wind power with the fulfilment of its 2008-2010 Strategic Plan, which forecasts investments of 8,600 million euros and foresees the installation of 2,000 MW per year, bringing the company's total to over 13,600 MW at the end of that period.
*Eco 74 wind turbine owes its name to its 74 m rotor diameter. Its rated power is 1.67 MW and it is suitable for sites with medium wind speeds
Eco 80 wind turbine has 1,67 MW of nominal power and 80m of rotor diameter. It is suitable for sites with low wind speeds
Eco 80 2.0 wind turbine owes its name to its 80 m rotor diameter and its 2.0 MW rated power. It is suitable for sites with medium wind speeds
Websites : www.alstom.com, www.power.alstom.com
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