Follow us on Twitter Follow us on Facebook View our linked in profile View our RSS feeds
SustainableBusiness.com
 
News
Your daily source for sustainable business & sustainable investor news.

(view sample issue)


This is an archived story. The information and any links may no longer be accurate.

01/19/2011 09:55 AM     print story email story  

Suzlon, Affinity Wind Form Joint Venture for Illinois Wind Development

SustainableBusiness.com News

Affinity Wind, LLC, a St. Louis based wind energy development company, announced a joint venture with Suzlon Wind Energy Corporation, a Chicago-baed subsidiary of Suzlon Energy Limited (SUZLON.BO) of India.

Suzlon Group ranked as the world’s third leading wind turbine supplier in terms of market share in 2009. 

Through the joint venture entity, which is called Surity Wind, LLC, Suzlon will co-develop with Affinity Wind its 150-megawatts (MW) project located in Illinois, as well as similar joint development of future Affinity Wind projects.

Suzlon will supply turbines to this first project, which is expected to create 600 clean energy jobs during the construction phase, as well as more than $44 million in local spending.

Affinity Wind, LLC was formed in 2008. The company said it expects the Illinois project to be the first of several similar wind energy projects that it will develop over the coming years in the Midwest.

Suzlon is a vertically integrated wind turbine manufacturer with manufacturing capability along the full value chain from components to complete wind turbine systems. The Group has installed over 15,000 MW of wind energy capacity in 25 countries. Suzlon has a share of over 90% in REpower (RPW.DE), and taken together, they have a combined market share of 9.8%.  

Website: www.affinitywind.com



Reader Comments (0)

Add Your Comment

(Use any name, your real name is not required)
Type the characters you see in the picture below.

home |about us |contact us |advertise |feeds |privacy policy |disclosure

Compare Green Cars   |   Find Alternative Fueling Stations