Siemens Nabs $888m Turbine Deal With Four States
FRANKFURT (AP) — Siemens AG has won orders worth some euro600 million ($888 million) to supply 250 wind turbines in the United States and Canada, the German-based industrial conglomerate said Tuesday.
A quarter of the order is destined for the Canadian province of Ontario, while the rest of the turbines will go to California, Oklahoma, Washington and Wyoming, Munich-based Siemens said.
The company said it expected the number of people working with Siemens' North American wind power business to increase from the current 900, but didn't offer details.
"These orders prove that the wind industry's fundamentals are still strong, even in times of an economic downturn," said Wolfgang Dehen, the chief executive of Siemens' energy division.
"The continuing support for renewable energy from the administrations in the U.S. and Canada is having a positive effect on wind project development," he added.
The company recently broke ground on a Hutchinson, Kansas turbine assembly facility and expanded its blade manufacturing facility in Fort Madison, Iowa.
Shares of Siemens were up slightly at euro66.60 in Frankfurt afternoon trading.