Sweden

Sweden

Suzlon breaks into Swedish market with Triventus AB order

SWEDEN: Suzlon Wind Energy AS (SWEAS) the overseas arm of Suzlon Wind Energy, has won an order from Swedish Triventus AB for two S88-2.1 MW turbines.

Suzlon's S88 2.1MW turbines feature in Nicaragua's first wind farm at Amayo, Lake Nicaragua
Suzlon's S88 2.1MW turbines feature in Nicaragua's first wind farm at Amayo, Lake Nicaragua

The turbines are earmarked for Triventus’ 4.2MW Assjo project, which will be 150km from Gotenborg and Stockholm. It is Suzlon’s first order from a Swedish developer and includes engineering, construction and procurement.

Commenting on the order Suzlon CEO Erik Winther Pedersen said: "This is our first step into the exciting and promising Swedish wind market. We are very happy to take this step in partnership with Triventus AB laying the foundation for a strong future."

Neither company would reveal the cost of the contract. However it comes at a good time for Suzlon, which was recently forced to slash its full-year sales forecast for 2009 by 20%. It has also announced plans to refinance the INR 14bn debt it acquired during a period of expansion.

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