Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Siemens seeks to support Australian supplier for wind towers


Siemens seeks to support Australian supplier for wind towers

Siemens Ltd, the turn-key supplier of TrustPower’s Snowtown II wind project, is working with newly established Australian wind tower supplier E & A Contractors a wholly owned subsidiary of E & A Limited to procure a portion of the 90 wind towers for the newly commenced wind farm development.

During the procurement phase, Siemens set a target of sourcing 50 percent of the wind towers from local Australian supplier RPG. RPG, a well-known Australian wind tower supplier has recently been placed into Voluntary Administration. E & A Contractors has secured the key personnel and assets used by RPG in the manufacture of wind towers and will incorporate both the personnel and assets into its existing fabrication and manufacturing business at Whyalla. During this transitional phase, Siemens and E & A are working collaboratively to meet the high international standards of the project and enable 20 of the towers to be supplied locally within the manufacturing timeframe of mid next year.

E&A Limited, Executive Chairman Stephen Young said:

“We are pleased to be developing an opportunity to secure a local contract for the towers. Our dialogue with Siemens is progressing positively, and we are looking forward to expanding our business in Whyalla with the aim to supplying towers to the Snowtown II wind farm and to retain a strong wind tower business in South Australia”

The initiative has been supported by the Federal Government and both parties acknowledge their assistance in facilitating a working relationship for the re-establishment of the company in Whyalla.

Siemens Ltd Vice President David Pryke says:

“As part of this great project we have actively collaborated with Australian suppliers to supply the
[more]


towers locally. E & A have demonstrated strong business acumen and a commitment to re-establishing the wind tower business for South Australia by acquiring the key assets and people of RPG. Snowtown II is a significant project for South Australia and will supply 180,000 homes with renewable energy – this will be South Australia’s largest wind farm and is an important step in building a sustainable future for Australia.”

Siemens is discussing the supply timeframe with E&A and will endeavour to work closely with the company to provide them an opportunity to establish their business in a mutually agreed timeframe to support the build of the Snowtown II wind farm.


[ends]

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: Equity Crowd Funding Carries Risks, High Failure Rate

Equity crowd funding, which became legal in New Zealand this month, comes with a high risk of failure based on figures showing existing forays into social capital have a success rate of less than 50 percent, one new entrant says. More>>

ALSO:

Scoop Business: NZ Migration Rises To 11-Year High In March

The country gained a seasonally adjusted 3,800 net new migrants in March, the most since February 2003, said Statistics New Zealand. A net 400 people left for Australia in March, down from 600 in February, according to seasonally adjusted figures. More>>

ALSO:

Hugh Pavletich: New Zealand’s Bubble Economy Is Vulnerable

The recent Forbes e-edition article by Jesse Colombo assesses the New Zealand economy “ 12 Reasons Why New Zealand's Economic Bubble Will End In Disaster ”, seems to have created quite a stir, creating extensive media coverage in New Zealand. More>>

ALSO:

Thursday Market Close: Genesis Debut Sparks Energy Rally

New Zealand stock rose after shares in the partially privatised Genesis Energy soared as much as 18 percent in its debut listing on the NZX, buoying other listed energy companies in the process. Meridian Energy, MightyRiverPower, Contact Energy and TrustPower paced gains. More>>

ALSO:

Power Outages, Roads Close: Easter Storm Moving Down Country

The NZ Transport Agency says storm conditions at the start of the Easter break are making driving hazardous in Auckland and Northland and it advises people extreme care is needed on the regions’ state highways and roads... More>>

ALSO:

Houses (& Tobacco) Lead Inflation: CPI Up 0.3% In March Quarter

The consumers price index (CPI) rose 0.3 percent in the March 2014 quarter, Statistics New Zealand said today. Higher tobacco and housing prices were partly countered by seasonally cheaper international air fares, vegetables, and package holidays. More>>

ALSO:

Notoriously Reliable Predictions: Budget To Show Rise In Full-Time Income To 2018: English

This year’s Budget will forecast wage increases through to 2018 amounting to a $10,500 a year increase in average full time earnings over six years to $62,200 a year, says Finance Minister Bill English in a speech urging voters not to “put all of this at risk” by changing the government. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news