Ecotècnia awarded €300m

Ecotècnia, the wind energy business of Alstom, has signed a frame agreement worth around €300m to supply approximately 300MW of wind turbines to Spain’s Iberdrola Renewables.

Alstom’s wind energy business, Ecotècnia has signed a frame agreement to supply wind turbines to Madrid-based Iberdrola Renewables.

Under the terms of the €300m agreement, Alstom will supply Iberdrola Renewables with Eco 74, Eco 80 and Eco 80 2.0 turbines that will generate around 300MW over a period of four years.

‘This agreement clearly shows the confidence of Iberdrola Renewables, the world leader in the wind industry, in our renewable energy technology,’ said Philippe Joubert, Alstom Executive Vice President and President, Power Systems. ‘In the wake of the EU’s call for a 20 per cent share of renewables in overall energy consumption by 2020, we expect an ever-increasing demand for Alstom’s wind turbines in the years to come.’

Over 20GW of new wind turbines were installed worldwide in 2007, boosting global installed capacity to over 100GW. Europe makes 60 per cent of this total.