Siemens Receives First Latin America Order for Wind Turbines

Siemens Energy (NYSE: SI) has been awarded an order for 70 wind turbines for the Los Vergeles wind farm in Tamaulipas, Mexico.

This is the first order received by Siemens for wind turbines in the Latin America region. Purchaser is Grupo Soluciones en Energias Renovables (GSEER), a Mexican wind energy developer.

With a total installed rated capacity of more than 160 megawatts (MW), the Los Vergeles wind farm is expected to provide power to 200,000 households, making it Mexico’s largest wind farm.

The order value exceeds US$270 million.

The Siemens scope of supply includes delivery, installation and commissioning of the 70 wind turbines with a rated capacity of 2.3 MW each. In addition, Siemens will also execute its first 5-year operation and maintenance (O&M) agreement in the Americas for a wind project.

“The Latin America wind power market is expected to grow significantly in the years to come and the contract with GSEER marks Siemens’ entry into this exciting market,” said Andreas Nauen, CEO of the Siemens Wind Power Business Unit. “It is also the largest order for our new wind turbine to date.”

With a rotor diameter of 101 meters the new turbine is a good fit for optimizing return on investment at locations with low wind levels, Siemens said.

In 2009, revenue from products and solutions of Siemens’ environmental portfolio was EUR 23 billion, which is equivalent to more than a quarter of Siemens’ total revenue, making Siemens the largest provider of environmentally friendly technology.

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