Senvion secures turbine order in Japan and opens office in Tokyo

DGAP-News: Senvion S.A. / Key word(s): Market launch

2016-04-26 / 14:27
The issuer is solely responsible for the content of this announcement.

Senvion secures turbine order in Japan and opens office in Tokyo

Hamburg/Tokyo: Senvion, one of the world's biggest wind turbine manufacturers, today announced the opening of its office in Tokyo to service the local market. Furthermore, Senvion has secured the go ahead to deliver three turbines to a wind farm in Japan. The wind farm will use three Senvion MM92 turbines designed to withstand extreme wind loads with a total generating capacity of over six megawatts (MW).

These Senvion turbines will be some of the first wind turbines to comply with rigorous new construction standards introduced by the Japanese Government last year. Senvion is working closely with the Meidensha Corporation, a leading electrical manufacturing company, to deliver the project which is expected to start generating clean electricity in 2017. Senvion has been active in the Japan market since 2003, and has delivered 68 Senvion turbines with an installed capacity of 118 MW across 16 wind farms.

Jürgen Geissinger, CEO at Senvion, said: "While we are an international company, we put a very high value on local expertise. Our new office in Japan will ensure that our approach to delivering projects best meets the needs of both our clients and the local communities we work in."

Senvion has recruited an experienced local team to manage the Japanese office. The team brings several decades of wind energy and broader energy expertise to their new roles. Kazuhiro Tanaka, the new General Manager for Senvion in Japan has several decades of experience in the energy sector, and has been working in the renewable energy industry since 2000, managing the sales, development and operation of wind power plants. Prior to joining Senvion, he was Senvion's sales agent in Japan from 2001, and was responsible for the sale of 68 Senvion wind turbines with a total generating capacity of 118 MW in Japan.

Kazuhiro Tanaka, General Manager at Senvion Japan, said: "This is an exciting time for wind energy in Japan. The future market for new wind farms looks very promising and we are pleased that there will now be an established local Senvion presence. Senvion's turbine technology is well suited to the Japanese market where high performance and reliability are valued."

Further information:

About Senvion:
Senvion is a leading global manufacturer of onshore and offshore wind turbines. The company develops, produces and markets wind turbines for almost any location - with rated outputs of 2 MW to 6.15 MW and rotor diameters of 82 metres to 152 metres. Furthermore, the company offers its customers project specific solutions in the areas of turnkey, service and maintenance, transport and installation, as well as foundation planning and construction. The systems are designed at the Senvion TechCenter in Osterrönfeld and manufactured at its German plants in Husum (North Friesland), Trampe (Brandenburg) and Bremerhaven, as well as Portugal. With approximately 3,900 employees worldwide, the company - headquartered in Hamburg - makes use of the experience gained from the manufacture and installation of more than 6,600 wind turbines around the world. Senvion is represented by distribution partners, subsidiaries and participations in European markets such as France, Belgium, the Netherlands, the UK, Italy, Romania, Portugal, Sweden, and Poland as well as on a global level in the USA, China, Australia and Canada. Senvion is listed on the Prime Standard of the Frankfurt Stock Exchange.

Press contact:
Verena Puth
phone: +49 40 5555 090 3051
mobile: +49 174 30 54 576

Investor Relations contact:
Dhaval Vakil
phone: +44 20 7034 7992
mobile: +44 7788 390 185

2016-04-26 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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