Siemens Canada awarded first wind turbine order and service in Saskatchewan

 Siemens Canada awarded first wind turbine order and service in Saskatchewan  23-MW project to be located in Rural Municipality of Morse  OAKVILLE, ON, April 11, 2014 /CNW/ - Siemens Canada has further expanded its  wind power footprint into the Province of Saskatchewan in partnership with  Algonquin Power & Utilities Corp. to supply, deliver and commission ten direct  drive SWT-2.3-113 wind turbines for the Morse Project. Construction of the  wind farm is expected to begin in summer 2014, with commercial operation  expected by early next year. The deal includes a 10-year service and  maintenance agreement, ensuring the reliability, availability and performance  of the turbines.   The 23-MW project will be located in southern Saskatchewan near Morse, 60 km  from Swift Current. This is Siemens' first wind turbine installation in  Saskatchewan and will provide renewable energy to over 8,000 Saskatchewan  households. The Morse project represents an addition of over 10% total wind  power generation capacity in the Province, whose wind resource presents  further wind development potential.  Siemens direct drive wind turbines  feature only half of the parts required for a conventional geared wind turbine  and a significantly smaller number of moving parts. The efficiency increases  due to minimum losses in drive train and generator. The proven technology of  the SWT-2.3-113 benefits from the experiences of 250 gearless Siemens wind  turbines in operation. With its simplified lightweight design it's a secure  and profitable investment.  Canada is now the ninth largest producer of wind energy in the world with  current installed capacity of over 7,800 MW. ¹    QUOTE:        --  "We are proud to help bring renewable, clean and reliable         energy into the homes and businesses of Saskatchewan residents.         We look forward to investing in the Province's renewable energy         future."         - Jacob Andersen, Vice President, Wind Power, Siemens Canada         Limited  About Siemens Canada  For more than 100 years the innovative ideas from  Siemens have helped make Canada a better place. From the Atlantic to Pacific  oceans, more than 4,500 employees in Canada work together to provide answers  that last in the fields of industry, energy, healthcare and infrastructure  solutions for cities. Since it was federally chartered in 1912, Siemens has  stood for technical achievements, innovation, quality and reliability. Sales  for Siemens in Canada in fiscal 2013 (ended September 30), were $2.0 billion  CAD. The company has 46 offices and 18 manufacturing/assembly facilities  across Canada. Further information is available at www.siemens.ca.  About Algonquin Power & Utilities Corp.  Algonquin Power & Utilities owns and  operates a diversified $3.5 billion portfolio of regulated and non-regulated  utilities in North America. The regulated utility business provides water,  electricity and natural gas utility services to over 470,000 customers through  a portfolio of regulated generation, transmission and distribution utility  systems. The non-regulated electric generation subsidiary owns or has  interests in renewable energy and thermal energy facilities representing more  than 1,100 MW of installed capacity. Algonquin Power & Utilities delivers  continuing growth through an expanding pipeline of renewable power and clean  energy projects, organic growth within its regulated utilities and the pursuit  of accretive acquisition opportunities. Common shares and preferred shares are  traded on the Toronto Stock Exchange under the symbols AQN, AQN.PR.A, and  AQN.PR.D. Visit Algonquin Power and Utilities at  www.AlgonquinPowerandUtilities.com and follow us on Twitter @AQN_Utilities.  ¹ Source: CanWEA  This press release may contain forward-looking statements based on the beliefs  of the management of Siemens Canada Limited and its affiliates. The words  "anticipate," "believe," "estimate," "forecast," "expect," "intend," "plan,"  "should," and "project," are used to identify forward-looking statements. Such  statements reflect the management's current views with respect to future  events and are subject to risks and uncertainties. Many factors could cause  the actual results to be materially different, among others, changes in  general economic and business conditions, changes in currency exchange rate  and interest rates, introduction of competing products, lack of acceptance of  new products or services and changes in business strategy. Actual results may  vary materially from those projected here. Siemens Canada Limited and its  affiliates do not intend or assume any obligation to update these  forward-looking statements.    SOURCE  Siemens Canada Limited  Press Contact: Ann Adair, Vice President, Communications and Strategy, Siemens  Canada Limited, Phone: 416.567.7831, E-mail: ann.adair@siemens.com, Follow us:  www.twitter.com/siemensincanada  To view this news release in HTML formatting, please use the following URL:  http://www.newswire.ca/en/releases/archive/April2014/11/c2996.html  CO: Siemens Canada Limited ST: Ontario NI: CPR ELE CST HEA TLS ORDER  
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