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Suzlon enters Bulgarian wind market

Indian wind turbine manufacturer Suzlon Energy Ltd has signed an agreement with Technomash Bulgarian Industrial Group to deliver six Suzlon S88 2.1 MW wind turbines to a windfarm in the Varna region in Bulgaria.

The wind turbines will be supplied in 2009-10.

Erik Winther Pedersen, CEO – Suzlon Wind Energy A/S,  says: “Bulgaria offers an excellent wind regime and supportive investment climate, and we aim to expand the wind market in the country."

Sumant Sinha, COO – Suzlon Energy Limited, adds: “This is both an important order and important new market for Suzlon. Europe forms the largest market for wind energy, and we are focused on expanding our footprint in the market.”

Bulgaria seems to have very promising renewable development opportunities, and has, according to Suzlon 3400 MW mid-term potential for wind energy development. The Bulgarian government has also announced a generous feed-in tariff for wind energy and has set a maximum of 11% of gross energy consumption to come from renewable energy sources by 2010.

 

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