Siemens receives a 81-MW wind power order from Philippines

Hamburg

* Siemens Wind Power enters Philippine market
* 27 direct drive wind turbines ordered

Siemens Energy has received its first wind power order for the Caparispisan project in Pagudpud, Illocos Norte, Philippines. The customers are Northern Luzon UPC Asia Corporation, AC Energy Holdings, Inc. and Philippine Investment Alliance for Infrastructure comprised of Government Service Insurance System, APG and Macquarie Infrastructure Holdings (Philippines) Pte. Limited. The scope of supply includes the delivery and installation of 27 direct drive wind turbines of the type SWT-3.0-101, with an output of three Megawatts (MW) and a rotor diameter of 101 meters. The deal also includes a five-year-service agreement. Installation and commissioning of the wind turbines is scheduled for 2014.

Wind power in the Philippines takes a small percentage of the total energy output and has significant potential capacity to be installed. According to statistics from the Global Wind Energy Council, the Philippines, being one of the important emerging wind markets in Asia, had by the end of 2011 a cumulative installed wind capacity of 33 MW and is expected to install in excess of 500 MW by 2020.

“We are delighted to have won our first order in Philippines to support the further development of its renewable energy. Our SWT-3.0 direct drive wind turbine will provide our customers high quality and profitability with innovation, which will prove that Siemens is a partner they can trust.” Kay Weber, CEO of Siemens Wind Power Asia Pacific region said.

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The Siemens Energy Sector is the world’s leading supplier of a broad spectrum of products, services and solutions for power generation in thermal power plants and using renewables, power transmission in grids and for the extraction, processing and transport of oil and gas. In fiscal 2012 (ended September 30), the Energy Sector had revenues of EUR27.5 billion and received new orders totaling approximately EUR26.9 billion and posted a profit of EUR2.2 billion. On September 30, 2012, the Energy Sector had a work force of almost 86,000. Further information is available at: http://www.siemens.com/energy

Reference Number: EWP201307046e