Siemens receives €100-million orders from RWE for two wind farms in Poland

Siemens has reported having received two first-time orders for wind turbines for sites in Poland from RWE Innogy, the new renewable energy unit established by the German utility RWE.

Under the agreement, Siemens will supply 33 turbines, each with a capacity of 2.3 megawatts (MW). Of these, 18 wind turbines are to be installed at the Suwalki wind farm in Masuria and 15 turbines are to be erected at the Tychowo wind farm in Western Pomerania in Poland and are scheduled to commence operation by autumn 2009.

Siemens will also erect asnd commission the units, which will yield 76 MW of power for RWE Innogy, which is implementing this project in cooperation with the Polish company Polish Energy Partners S.A.

Siemens says the total order volume amounts to approximately €100 million. In addition, RWE Innogy has also signed a service contract with the German engineering firm for a period of 5 years.

Poland ranks among Europe's most promising wind energy markets. Estimates by the Polish Wind Energy Association (PWEA) indicate that over 13,000 MW of wind power generating capacity could be installed in Poland by 2020. Wind turbines that feed power into the Polish grid today have a modest total capacity of less than 300 MW, despite the outstanding wind conditions prevailing in large sections of the country.

''The Polish wind power market will grow significantly in importance in the years ahead'', said Andreas Nauen, head of Siemens' wind power business. ''Siemens realized the importance of Poland as a future market for wind power early on, and we are pleased to erect two wind farms there for the first time on behalf of RWE.''

Kevin McCullough, COO of RWE Innogy, "The erection of these two wind farms is an important step for us with a view to expanding our position in Poland. We are happy to have Siemens as a reliable and competent partner on our side."

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 2007 (ended September 30, based on IFRS), the Energy Sector had revenues of approximately €20 billion and received new orders totaling around €28 billion and posted a profit of €1.8 billion. The Energy Sector had a work force of 73,500 at the beginning of fiscal 2008.