Gamesa and Iberdrola Jointly Resolve to End Their Strategic Agreement for Developing Wind Farms

Gamesa and Iberdrola each gave official notice to Spain's National Securities Market Commission (CNMV) that they have agreed to unwind their strategic alliance in wind farm development (1) due to the global economic downturn, which has substantially changed market conditions, and the companies’ respective strategies.

The strategic agreement, originally signed on 13 June 2008 and amended on 23 September 2009, envisaged a series of cross-linked options on some Gamesa wind farms in Spain and other countries in Europe, as well as the possibility of joint development and operation of wind farm projects in said areas.

Notwithstanding today's announcement, Gamesa and Iberdrola, world leaders in their industries, hope to continue working together in the future to bolster their position in the wind energy business, as they have done for the past 15 years in a range of international markets.

The strategic agreement was signed by Iberdrola Renovables, S.A., Gamesa Energia, S.A. Unipersonal and Gamesa Corporacion Tecnologica, S.A. (“Gamesa”). As a result of the merger by absorption of Iberdrola Renovables, S.A. (acquired company) by Iberdrola, S.A. (acquiring company), Iberdrola, S.A. became a party to the strategic agreement.

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REpower and Alerion CleanPower Sign Contract for 44 Megawatt Wind Farm Project in Italy

REpower Systems SE and Alerion CleanPower Spa, an Italian-based renewable energy company, signed a contract for a wind project in the South of Italy. REpower will deliver 13 3.4M104 wind turbines to San Marco in Lamis, a 44 megawatt (MW) wind farm situated north-east of Foggia. The turbines will have a rated output of 3.4 megawatts and a hub height of 80 meters each. REpower is responsible for supplying, installing and commissioning the turbines. The company will also provide service in line with a twelve years service agreement with Alerion CleanPower.

San Marco in Lamis wind farm is located close to REpower Italia’s main service center near Foggia and will be maintained directly from there. The Italian-based subsidiary of REpower Systems SE will start construction as early as the fall of 2011.

Andreas Nauen, CEO of REpower Systems SE, is pleased that REpower’s 3.XM series is well accepted on the Italian market: “This is the second contract for the 3.4M104 in Italy. It confirms the excellent market-fit of this turbine and strengthens our market presence in Italy.”

Carlo Schiapparelli, Managing Director of REpower Italia S.r.l., comments, “We are delighted to be working with Alerion again. Our first project, Ordona, with 17 REpower MM92 turbines was completed in 2007. This second project confirms that Alerion – an important client for REpower Italia with a high level of renewable energy expertise – regards us as reliable supplier.”

LM Wind Power Announces 73.5 m Turbine Blade

This new blade will be the longest composite blade structure in the world at 73.5 meters creating an impressive swept area with a rotor diameter of 150 meters.

The LM 73.5P wind turbine blades will be installed on Alstom’s 6 MW wind turbines offshore, mainly in European waters, where the giant blades will travel at the speed of more than 320 km/h in order to generate green power equivalent to the yearly requirements of over 6000 European households



Vice President, Product Development at LM Wind Power, Jan Kristiansen is looking forward to being able to present the first prototype blade in Denmark already at the end of this year. “The size of these impressive structures has more than doubled over the past decade alone, and although this has of course demanded the development of new materials, design and technology along the way, the new 73.5 meter blade is built on our progressive accumulation of know-how. This ensures that even though it is more than ten meters longer than our recent world record blade, it is still based on a proven concept.”

The company says it is in discussions with a number of Asian wind turbine manufacturers about making blades longer than 80 m.




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Lucintel’s Regional Benchmarking for Wind Energy Industry of BRIC Countries and US: China to Outpace US

Concerns over climate change, crude oil prices, and increasing energy demand are generating global interest in renewable resources to meet the world’s energy needs. Wind is a clean, abundant, rapidly growing energy source. Investment in wind energy, however, requires proper analysis as its costs are still higher than conventional energy sources.

Lucintel, a leading global management consulting and market research firm, analyzes the wind energy market and presents its findings in its research report, "Regional Benchmarking of Wind Energy Industry 2011–2020: BRIC Countries and US."

This report provides insights about wind energy and a comparative industry analysis of the BRIC countries and the US. From 2000–2010 the global wind energy market grew with a CAGR of 27%. Traditional industry leaders, such as Europe and the US, lost market share in 2010. China emerged as the world’s largest wind energy market with 22% of global installed capacity, growing through strong government support from feed-in-tariffs and favorable pricing policies. It expects to remain the fastest-growing wind energy player as it reduces dependence on fossil fuels. As Lucintel’s discloses, China expects to reach 230 GW in cumulative wind installations by 2020. The US also is expected to grow steadily and to reach approximately 180 GW by 2020.
Government policies and an emerging wind market make Brazil attractive for wind energy OEMs. Russia holds tremendous potential, but its industry remains underdeveloped because of no government support. Central government initiatives and state-level incentives assist India’s wind industry development. The US, with huge potential and supportive government policies, offers opportunities for OEMs.
The report provides trend scenarios and forecast statistics for 2001–2020. Lucintel’s research provides detailed market structure, supply chain analysis, and comparative analysis of wind markets. The report details the wind market’s drivers and challenges, policies affecting the market, competitive advantages of BRIC and the US through diamond analysis, and BRIC’s resource potential.

For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that help you make critical decisions with greater speed, insight, and cost efficiency. To find out more, please visit http://www.lucintel.com.

Contact:
Roy Almaguer, +1-972-636-5056 or via email at helpdesk@lucintel.com.