updated 2/8/2011 8:16:02 AM ET 2011-02-08T13:16:02

CHICAGO, Feb. 8, 2011 (GLOBE NEWSWIRE) -- Nordex USA, Inc. continues its run of good news into 2011 by announcing a new order from CG Power Solutions USA, Inc. (formerly: MSE Power Systems), the US subsidiary of Crompton Greaves Ltd., which is a global leader in power transmission and distribution headquartered in India.

The 45 MW project in Power County - Nordex' first project in Idaho - will use 18 of Nordex' N100 2.5 MW turbines, and the contract includes delivery, installation, commissioning and testing of the turbines along with a maintenance and service agreement. This is CG's first project as a developer and investor into a wind project in the United States, extending its activities beyond its widely recognized role as a substation, transmission engineering and EPC contractor. CG has completed grid interconnection for nearly 25% of all wind power installed in the USA.

"We are especially pleased that CG Power selected our turbines for this wind project," said Ralf Sigrist, President & CEO of Nordex USA. "They bring their unique expertise and reputation as one of the top companies worldwide in transmission infrastructure to this project. We also look forward to possible future collaboration for mutual benefit and for the benefit of our customers and operators."

This is the third order Nordex has received since the dedication of its new nacelle production plant in Jonesboro, Arkansas at the end of October. The fact that the turbines will be supplied from this facility is a key attraction for CG Power Solutions, which is committed to maximizing domestic content. Mark Scher, President of CG Power Solutions USA, Inc., commented, "We have been very impressed by the Nordex manufacturing facilities and their commitment to quality at every step. We are eager to get started utilizing this utility scale turbine, which offers a unique fit for this Idaho project."

The Power County project is construction-ready, and delivery of turbines will begin in mid-May with construction scheduled to be completed by September 2011. The site is in southeast Idaho, approximately 10 miles south of American Falls and approximately 20 miles southwest of Pocatello.

About Nordex

Nordex is one of the few wind turbine producers in the world with more than 25 years of experience, now operating in 18 countries and employing over 2,400 people. There are currently more than 4,200 Nordex wind turbines rotating in 34 countries with a total rated output of more than 6,000 Megawatts. The company's global headquarters is located in Hamburg, Germany, with US headquarters in Chicago.

The Nordex USA logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6418

About CG Power Solutions (formerly: MSE Power Systems)

CG Power Solutions (formerly MSE Power Systems Inc.) has propelled its growth since the acquisition, now employing 190 professionals in nine offices across North America. The company provides electrical infrastructure engineering and full turnkey EPC services to the utility, industrial, and renewable power generation markets. CG Power Solutions is responsible for the integration of nearly 25% of current U.S. windpower into the transmission grid. With its subsidiary CG Automation, CG Power Solutions is strategically positioned to offer comprehensive smart grid solutions to both the utility and renewable energy markets.

CONTACT: Nordex SE - International media contact
         Ralf Peters
         Corporate Communications + Investor Relations
         
         phone:  +49 (40) 30030-1522
         cell:   +49 (173) 5239719
         email:  rpeters@nordex-online.com
         
         Nordex USA, Inc. - US media contact
         Felice Ahn
         CNC - Communications & Network Consulting
         
         phone:  +1 (212) 207-3182
         cell:   +1 (917) 916-6468
         email:  felice.ahn@cnc-communications.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 1.97%
$30K home equity loan FICO 5.80%
$75K home equity loan FICO 4.54%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.70%
13.70%
Cash Back Cards 17.66%
17.91%
Rewards Cards 17.05%
17.17%
Source: Bankrate.com