RWE Innogy, a subsidiary of RWE Group, and REpower Systems Group (RPW.DE) have announced a memorandum of understanding that could lead to the sale of up to 1,900 megawatts (MW) of wind turbines.
The memorandum of understanding provides for the negotiation of framework agreements involving 250 offshore 5 MW and 6 MW wind turbines and approximately 200 onshore 2 MW wind turbines.
The companies said they plan to conclude negotiations for the framework agreements before the end of the year. The wind turbines would be manufactured and delivered by REpower within four to six years, beginning Jan. 1, 2010.
"Wind power plays a decisive role on our path towards positioning RWE Innogy as the driving force behind tomorrow’s technology in Germany and Europe," says Kevin McCullough, COO of RWE Innogy. "Offshore wind farms especially place the highest demands on the technology implemented. I am certain that in REpower we have found a strong partner to push forward our goals in this area."
About RWE Innogy
RWE Innogy combines the expertise and the power stations of the RWE Group in the area of renewable energy. The company plans, constructs and operates turbines for regenerative electricity generation and energy production. The aim is the rapid expansion of electricity generation on this basis in the UK and continental Europe. The company’s focus includes on- and offshore wind farm projects in Europe. RWE Innogy began operating on 1 February 2008, currently has a generating capacity of around 1,100 megawatts and employs approximately 600 staff.
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