Siemens, Samsung Enter Into a Major Wind Turbine Supply Agreement

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Siemens Energy and Samsung C&T Corp. have signed an agreement for the supply of wind turbines with a total capacity of up to 600 MW. The wind turbines to be delivered under this supply agreement will be deployed at selected wind projects in southern Ontario. Furthermore, Siemens plans to establish a blade-manufacturing site in Canada that is set to create up to 300 jobs in the province.

‘With this supply agreement, we are strengthening our position in the rapidly growing wind power market in Canada,’ says Jens-Peter Saul, CEO of the Siemens wind power unit. ‘Furthermore, by investing in a new blade-production facility in Canada, Siemens is pushing further ahead with the regionalization of its wind manufacturing network in important markets.’

Siemens has been working with Samsung C&T and its development partner Pattern Energy on this first phase of development under Ontario's feed-in-tariff (FIT) program, in which Samsung has committed to develop 2,000 MW of wind power over the next six years.

SOURCE: Siemens AG

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