DeWind Co to Replace Blades at 10 MW Site in Canada

  DeWind Co to Replace Blades at 10 MW Site in Canada

Replacement of blades planned for Wind Energy Institute of Canada 10 MW
research site

Business Wire

IRVINE, Calif. -- January 8, 2013

DeWind Co, a US based manufacturer of wind turbines, has initiated the
replacement of blades for five wind turbines at the Wind Energy Institute of
Canada (Institute) Wind Energy R&D Park on Prince Edward Island, Canada, north
of the community of Tignish. DeWind’s machines were selected for their unique
generating qualities to be paired with ongoing research at the Wind Energy
Institute of Canada including turbine testing and utility scale storage. With
the Institute’s focus on research, the project will add to Canada’s
understanding of the production, operation, storage and installation of small
and large wind energy technologies.

DeWind provided five 2 MW D9.2 Wind Turbines which operated for a short time
and issues were detected with the blades. After inspections and attempts to
repair the blades it was decided by both parties that the blades should be
replaced.

Young Jae Choi, President and COO of DeWind, commented, “We have made the
commercial decision to replace the Institute’s blades after initial operation
indicated a quality problem that could potentially impact the operational life
of those machines.”

“As you would expect from an organization of DeWind and DSME’s stature, they
are standing behind their project obligations,” stated Scott Harper, the
Institute’s CEO. “We appreciate their continued support as we move forward
with our Wind Energy R&D Park and Storage System project.”

The Institute’s 10 MW site, located near the northern-most point of the
island, is an ideal aggressive wind regime to showcase the latest enhancements
to the 2MW platform which DeWind has been building since 2002. Currently,
DeWind 2 MW turbines are installed and operating in numerous locations in
Europe, Asia, South America and the US.

About The Institute: The Wind Energy Institute of Canada (Institute) is a
not-for-profit research and development institution which has been working in
wind energy development since formation as the Atlantic Wind Test Site (AWTS)
in 1981. The Institute works with private sector clients, governments,
academics and other NGO’s on research, development and demonstration projects,
testing of wind turbines for the purpose of certification, and other
initiatives to advance the development of wind energy technologies. For more
information, visit www.weican.ca.

About DeWind Co: DeWind Co is a wholly-owned subsidiary of Daewoo Shipbuilding
and Marine Engineering Co. Ltd (DSME) (SEO: 042660). DeWind Co designs,
produces and sells multi-megawatt wind turbines, including the 2 MW D9.2 model
available in 60 Hz configuration, and the 2 MW D9.1 model in 50 Hz
configuration. The D9.2 utilizes the advanced WinDrive(R) hydrodynamic torque
converter developed by Voith AG, in combination with a fixed speed synchronous
high voltage AC generator which can be connected directly to the grid without
power conversion electronics. For more information, visit www.dewindco.com.

About DSME: DSME, established in 1973, is the world’s second largest
shipbuilder. The DSME product portfolio includes commercial ships such as LNG
carriers, oil tankers, containerships, LPG carriers, pure car carriers,
offshore structures such as FPSO (Floating Production Storage & Offloading)
vessels, drilling rigs, drill ships and fixed platforms; and naval vessels
including submarines, destroyers, rescue ships and patrol boats. For more
information, visit www.dsme.co.kr.

Contact:

DeWind Co
Kent Prentice, 949-250-9491
 
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