Siemens Power Generation has won an order to supply 86 wind turbines for Canada’s 200 MW Wolfe Island wind project, cementing its position in the rapidly growing North American wind market.
The order, from a subsidiary of Canadian Hydro Developers Inc., brings the level of wind turbine orders secured by Siemens in North America this year to 750 MW and highlights the growing importance of the wind energy business to the company.
The North American wind energy market has an average annual growth rate of 25 per cent and will continue to be the second largest regional market in terms of installed capacity after Europe, according to Siemens. The company says it has several other projects under negotiation in the US and Canada that will add to its order backlog.
According to the Global Wind Energy Council, the US market will be the most important national market in the world during the 2007-2010 period. Canada is expected to rank among the five largest wind power markets over the coming decade, according to an Emerging Energy Research (EER) study.
Siemens entered the US wind market just three years ago and has become the second largest supplier there. In order to meet growing demand in the region, it has opened a new 30 000-square-meter turbine blade manufacturing facility in Fort Madison, Iowa.
“The tremendous growth of our wind business is evidence that wind energy will continue to contribute toward a more diverse mix of environmentally compatible power generation sources,” said Randy Zwirn, president and CEO of Siemens Power Generation, Inc. and member of the PG Group Executive Management. “Globally, cumulated wind power installations are forecasted to increase from 60 GW in 2005 to more than 150 GW in 2010 and more than 300 GW in 2020