Suzlon welcomes passage of Australian RET legislation

Suzlon Energy Australia (SEA) today welcomed passage of the Renewable Energy Target (RET) legislation that will help Australia achieve its target of 20% of electricity from renewable sources by 2020.

Dan Hansen, SEA’s Chief Executive said: “The passage of the Renewable Energy Target legislation marks an important milestone in Australia’s transition to a low carbon economy.  Suzlon welcomes the leadership shown by Australia’s politicians to support the expansion of Australia’s renewable energy industry.”

The RET legislation will underpin the expansion of a thriving renewable energy industry in Australia, and will provide additional support for regional investment and clean energy jobs.

Dan Hansen said: “Today’s RET legislation will see a massive expansion in clean energy jobs across Australia.  We have already seen our wind farm projects deliver significant employment and regional development opportunities, and this is now set to increase across the country.”

Suzlon is looking forward to delivering many more renewable energy projects in Australia.

Dan Hansen said: “The Renewable Energy Target legislation will help unlock Australia’s fantastic renewable energy resources.  Suzlon welcomes the opportunity to play its part in delivering clean, renewable energy to Australian consumers.”

About Suzlon Energy Australia
Suzlon Energy Australia Pty Ltd (SEA) is the Australia operations arm of Suzlon Energy Limited. SEA is the largest turnkey constructor and operations and maintenance service provider of grid connected wind farms in Australia.  SEA directly employs over 230 people in Australia, and has a pipeline of projects to deliver over 700 megawatts of wind power generation for a range of utility and investor clients.

About Suzlon Energy Limited
Suzlon ranked as the world’s fifth leading wind turbine manufacturer in 2008.* The company has ranked as the leading manufacturer in the Indian market for nine consecutive years, maintaining over 50% market share. Suzlon has its corporate offices in Pune, India and the company’s global spread is reflected in its projects and markets portfolio - extending across Asia, Australia, Europe and North and South America. Suzlon is a highly vertically integrated wind turbine manufacturer with manufacturing capability along the full value chain – from components to complete wind turbine systems. The company currently has a combined manufacturing base of 4,200 MW of annual capacity. Please visit www.suzlon.com for more information.