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Wednesday, November 25, 2009

Suzlon inks 42 MW contract with Australian firm

Suzlon Energy, one of the leading wind turbine makers, has entered into an agreement with Australia's Infigen Energy to provide 20 units of wind power generators aggregating to a capacity of 42 MW.

The agreement is done between Suzlon's Australian operation arm - Suzlon Energy Australia and Infigen. This is the second order from Infigen taking the total order to 183 MW. Currently, Suzlon is delivering Infigen's 141 MW capital wind farm under and engineering, procurement, construction (EPC) turnkey contract.

Infigen Energy is a leading specialist in renewable energy business with interests in 41 wind farms (2,246 MW installed capacity) across Australia.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Thursday, Jun 05
06:30 ANZ Commodity Price 1 1.9% 0.0%
07:00 Trade Balance (MoM) 3 5,413M 6,100M 6,892M Revised from 6,900M
07:00 Imports (MoM) 2 1.1% -2.4% Revised from -2.2%
07:00 Exports (MoM) 2 -2.4% 7.2% Revised from 7.6%
n/a Unemployment Rate s.a (MoM) 1 2.9% 2.8% 2.8%
13:15 BoE's Greene speech 2
14:00 S&P Global Construction PMI 1 47.2 46.6
17:00 Challenger Job Cuts 2 105.441K
18:00 Goods and Services Trade Balance 1 $-94.0B $-140.5B
18:00 Initial Jobless Claims 4-week average 1 230.75K
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