Siemens Wins Turbine Order for $182 Million Australian Wind Farm

(Bloomberg) — Siemens AG, Europe’s largest engineering
company, won an order to supply 100 megawatts of turbines to a
A$250 million ($182 million) wind farm in Australia.

Siemens will supply 32 of its systems to Neoen Australia
Pty Ltd. for its wind farm in Hornsdale in the country’s south,
the Munich-based company said Thursday in a statement on its
website. Neoen’s project will eventually produce enough power
for at least 70,000 homes.

Australia pledged this month to slash emissions at least 26
percent by 2030 as nations set goals ahead of United Nations
climate talks in Paris this December. Critics say the pledge
doesn’t go far enough, with the country’s Climate Change
Authority calling for a cut of 40 percent to 60 percent.

To contact the reporter on this story:
Louise Downing in London at
ldowning4@bloomberg.net

To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Randall Hackley, Dan Weeks

About BloombergNEF

BloombergNEF (BNEF) is a strategic research provider covering global commodity markets and the disruptive technologies driving the transition to a low-carbon economy. Our expert coverage assesses pathways for the power, transport, industry, buildings and agriculture sectors to adapt to the energy transition. We help commodity trading, corporate strategy, finance and policy professionals navigate change and generate opportunities.
 
Sign up for our free monthly newsletter →

Want to learn how we help our clients put it all together? Contact us