EANS-News: REpower Systems AG / REpower appoints Suzlon as sales agent for US and Australia markets

Suzlon to support sales of REpower turbines in USA and Aus-tralia/
New Zealand
Agreement to accelerate REpower’s growth in these
markets

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Joint Ventures/Cooperation/Collaboration

Subtitle: Suzlon to support sales of REpower turbines in USA and
Aus-tralia/ New Zealand Agreement to accelerate REpower’s growth in
these markets

Hamburg (euro adhoc) - Hamburg, 11 January 2010. REpower Systems AG
(WKN 617703) and Suzlon Energy Limited have entered into an agreement
wherein local Suzlon subsidiaries in the US and Australian/New
Zealand markets will support REpower as sales agents.

Beginning immediately, this agreement will expand REpower´s market
visibility and presence and contribute to the ongoing sales
activities of REpower USA Corp. and REpower Australia Pty. Ltd. Under
this agreement REpower will maintain the entire project management,
service, and technical support responsibilities for all REpower
turbines sold within those markets.

Through this new relationship, REpower will benefit from Suzlon´s
market knowledge and customer network. Suzlon in the US and
Australian markets is represented by teams with considerable depth of
experience, established presence and relationships - which will allow
REpower to rapidly penetrate and strengthen its business in a
dynamic, competitive environment. With more utilities and investors
seeking global renewable portfolios, the agreement provides both
companies a major competitive advantage by allowing customers to
select a mix of products best suited to their particular requirements
from the range of Suzlon and REpower turbines, and combining it with
global reach and delivery capabilities.

REpower CEO Mr. Per Hornung Pedersen said, "We have great confidence
in Suzlon´s sales capabilities and are happy that they have taken
REpower´s agency, as this allows us to bank on their vast experience
in the US and Australian markets, thereby boosting our own sales
activities of REpower´s high performance products in these countries.
Given the projected increase in demand in the short to mid term in
these key markets, our agreement comes at the right time."

Commenting on the agreement, Mr. Sumant Sinha, COO of Suzlon Energy
said, "This is a positive step for Suzlon and REpower. It leverages
our complementary strengths and product ranges and allows us to reach
more customers with products and solutions tailored to their exact
needs. We are confident that the agreement will drive growth for both
companies and create value for all our stakeholders."

Australia and US are key growth markets for wind energy. Governments
in both countries have recently adopted various policies to stimulate
investment in renewable energies which would result in a steady
growth in demand for wind energy within these markets. The Renewable
Energy Target (RET) legislation, enacted earlier this year by the
Australian Government, sets an ambitious target of 20 per cent of all
electricity coming from renewables by 2020. In the US, the American
Recovery and Reinvestment Act of 2009, significant financial support
is available to wind energy projects installed before 2012. In
addition several US states have also set varied targets ranging from
five to 30 percent.

end of announcement euro adhoc
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ots Originaltext: REpower Systems AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Daniela Puttenat

Tel.: +49(0)40 5555090-3024

E-Mail: d.puttenat@repower.de

Branche: Alternative energy
ISIN: DE0006177033
WKN: 617703
Index: CDAX, Prime All Share, Technology All Share
Börsen: Berlin / Open Market
Hamburg / Open Market
Stuttgart / Open Market
Düsseldorf / Open Market
München / Open Market
Frankfurt / regulated dealing/prime standard