Siemens will supply wind turbines to Samsung C&T and Pattern Energy for the Ontario market

Under the FIT program, new facility to create 300 new green jobs in Ontario

BURLINGTON, ON, Aug. 10 / CNW – Siemens, Samsung C&T and Pattern Energy have come to agreement for the supply of up to 600 MW of Siemens wind turbines to serve the Ontario renewables market and Siemens will build Ontario's first blade factory as part of a plan to meet Samsung and Pattern Energy's demand. The development of this agreement, under Ontario's Green Energy Act and the associated Feed-in Tariff (FIT) program, will provide Ontario consumers enough sustainable clean electricity each year to power more than 240,000 homes.

Siemens has been working with Samsung C&T and its development partner Pattern Energy, on this first phase of development under Ontario's FIT program where Samsung has committed to develop 2,000 MW of wind power over the next six years. Siemens will supply technologically advanced wind turbines at selected projects in southern Ontario and the implementation of this agreement will create up to 300 "green collar" jobs and up to an additional 600 construction and indirect service jobs over its term.

"Canada continues to be a major wind power market for Siemens and we are pleased to reach this milestone with Samsung on the first phase of Ontario's FIT program," stated Bill Smith, Senior Vice President Energy for Siemens Canada. "Ontario's Green Energy Act and the FIT program are important enablers for the development of clean sources of energy, and the Ontario government has shown tremendous leadership in ensuring that the province is one of the world's most progressive jurisdictions. Our blade factory will enable the Ontario market and will deploy Siemens' state-of-the-art blade manufacturing technology in doing so."

"Attracting the province's first-ever turbine blade factory is a major milestone in Ontario's plan to create 50,000 jobs and become a North American leader in the clean energy economy," said Minister of Energy and Infrastructure Brad Duguid. "Ontario is open for business and we look forward to welcoming more renewable energy firms to help boost local economies and deliver a clean electricity supply to Ontarians in every corner of the province."

"Canada is a very important market for Samsung and we support the province's commitment to green energy and related industries. We are pleased to announce the commitment from the Korean Consortium and Pattern Energy in supporting Siemens Canada to build Ontario's first blade factory which will serve Ontario's growing wind power generation market and beyond. This achievement is one of the many significant milestones announced at the signing ceremony of the Green Energy Investment Agreement between the Korean Consortium and the Province of Ontario. Blades that were previously imported to Ontario will now be manufactured here in Ontario and put into service at our wind farms", stated Cheol-Woo Lee, Senior Executive Vice President, Samsung C&T Corporation.

"Pattern Energy has a long successful history working with Siemens and we are very pleased to working with Samsung and Siemens on this very important order," said Mike Garland, Chief Executive Officer of Pattern Energy. "We appreciate the Province's leadership creating a framework for a growing green economy and are thrilled to have Siemens committing to local manufacturing and jobs to produce the quality products we come to expect from Siemens."

So far, Siemens has installed a total of 130 2.3-MW rated wind turbines at Kruger Energy's 101.2-MW Port Alma wind farm and TransAlta's 197.8-MW Wolfe Island wind farm in Ontario, and is supplying an additional 152 units of its 2.3-MW wind turbines to four recently announced projects, which will bring Siemens' installed capacity to a total of 550 MW by the end of 2011.

The agreement between Siemens and Samsung will build to the current installations and will leverage Siemens' strong presence in the renewables market. According to Mr. Smith, "Siemens will build on its existing competencies to attract "green collar" workers and build-out its capabilities in the renewables segment within the province."