Recent Canadian wind turbine orders now totaling nearly 600 megawatts

Siemens Energy has been awarded an order for 43 of its 2.3-MW SWT-2.3-101 wind turbines for the Greenwich Wind Energy Project near Thunder Bay, Ontario, Canada. In November 2009, Siemens was also contracted to supply 43 SWT-2.3-101 wind turbines for the Talbot Wind Energy Project near Chatham, Ontario. The purchaser of the 86 wind turbines with a combined rated capacity of nearly 200 megawatts (MW) is Renewable Energy Systems (RES) Canada Inc., a leading renewable energy company and an affiliate of RES Americas which has developed and/or constructed approximately 10 percent of the wind capacity in the United States. Once completed, the wind farms are expected to provide clean power for more than 60,000 Canadian homes.

The scope for both wind energy plants includes the supply and commissioning of the wind turbines, as well as a five-year service, maintenance and warranty agreement. Additionally, Siemens will install the 43 wind turbines at the Greenwich Wind Energy Project, which is expected to begin in June 2011. Commissioning of the Talbot Wind Energy Project is expected to be completed in December 2010.

“Canada is an important wind power market for Siemens. Five wind turbine orders totaling nearly 600 MW received in Canada over the last six months clearly demonstrate the success we’ve experienced,” stated Bill Smith, Senior Vice President, Siemens Canada Limited. “Including the two Canadian wind farms commissioned in 2008, wind turbines from Siemens have the potential to provide clean power to approximately 240,000 Canadian homes,” added Smith. According to the Global Wind Energy Council, Canada’s wind energy industry enjoyed a record year with 950 MW of new wind energy capacity installed in eight provinces in 2009 – placing Canada ninth globally in terms of new installed capacity for the year.

Siemens and RES Americas have partnered on a number of projects since Siemens entered the wind power market in December 2004. In the United States, Siemens partnered with RES Americas on the supply of a total of 158 2.3-MW wind turbines, including 46 units for the Sweetwater 4B Wind Energy Project, 26 wind turbines for the Whirlwind Wind Energy Project, 14 units for the Nine Canyon III Wind Energy Project and 72 wind turbines for the Hackberry Wind Energy Project in Texas.

“RES Canada is pleased to continue our successful relationship with Siemens that now totals 1,665 MW of successfully developed projects in Canada and the United States,” said Andrew Fowler, Vice President, Construction of RES Canada. “The Greenwich Wind Energy Project will bring the many benefits of renewable energy to the Township of Dorion and surrounding communities that includes up to 300 construction jobs.”

Wind power is part of Siemens’ Environmental Portfolio. In fiscal 2009, revenue from the Portfolio totaled approximately EUR23 billion, making Siemens the world’s largest supplier of environmentally friendly technologies. In the same period, the company’s products and solutions enabled customers to reduce their CO2 emissions by 210 million tons. This amount equals the combined annual CO2 emissions of New York, Tokyo, London and Berlin.

The Siemens Energy Sector is the world’s leading supplier of a complete spectrum of products, services and solutions for the generation, transmission and distribution of power and for the extraction, conversion and transport of oil and gas. In fiscal 2009 (ended September 30), the Energy Sector had revenues of approximately EUR25.8 billion and received new orders totaling approximately EUR30 billion and posted a profit of EUR3.3 billion. On September 30, 2009, the Energy Sector had a work force of approximately 85,100.

About Siemens in Canada  

Siemens is one of the largest and most diversified companies in the world of electronics and electrical engineering, operating in the industry, energy and healthcare sectors.  The company has approximately 5,060 employees in Canada, working to develop and manufacture products, design and install complex systems and projects, and tailor a wide range of solutions for individual requirements.   For almost 100 years in Canada, Siemens has stood for technical achievements, innovation, quality and reliability.  Sales for Siemens in Canada for fiscal 2009 (ended September 30), were $2.5 billion CAD.

About RES Canada and RES Americas:

Renewable Energy Systems Canada Inc. (RES Canada) was founded in 2003 and is based in Montreal, Québec. RES Canada is active with the development and construction services in most Canadian provinces. It is also a member of the ‘Saint-Laurent Energies’ consortium which won 954 MW in the Hydro-Québec 2000 MW tender in 2008. RES Canada is both a co-owner of these Québec projects and in charge of construction.

Renewable Energy Systems Americas Inc. (RES Americas) is a fully-integrated renewable energy company that develops, constructs, owns, and operates projects across the United States (US), Canada, Mexico and the Caribbean.  RES Americas has more than 4,100 MW of construction projects, which represent approximately 10% of the operating installed wind capacity in the US, and has over 12,500 MW in development. RES Americas’ corporate office is located in Broomfield, CO with regional offices located in Austin, TX, Portland, OR, and Minneapolis, MN.

This press release may contain forward-looking statements based on the beliefs of the management of Siemens Canada Limited and its affiliates. The words "anticipate," "believe," "estimate," "forecast," "expect," "intend," "plan," "should," and "project," are used to identify forward-looking statements. Such statements reflect the management's current views with respect to future events and are subject to risks and uncertainties. Many factors could cause the actual results to be materially different, among others, changes in general economic and business conditions, changes in currency exchange rate and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Actual results may vary materially from those projected here. Siemens Canada Limited and its affiliates do not intend or assume any obligation to update these forward-looking statements.