Siemens finalizes largest wind turbine order in Ontario

    Wolfe Island project will supply clean energy for 75,000 households

    MISSISSAUGA, ON, Nov. 7 /CNW/ - Siemens Canada Limited today announced it
has been awarded its largest wind turbine project in Canada, one of the
fastest growing wind markets in the world, for the supply of 86 wind turbines
to the Wolfe Island Wind Project. Canadian Hydro Developers, Inc., through its
wholly owned subsidiary Canadian Renewable Energy Corporation, is the
developer, owner and operator of this project. The wind plant will be located
on Wolfe Island, near Kingston, Ontario, Canada, with an installed capacity of
nearly 200 megawatts (MW). The turbines have the potential to meet the
electricity demand of nearly 75,000 households per year. The project is
scheduled to be operational in fall 2008.

    Siemens will supply the 86 SWT-2.3-93 wind turbines with a capacity of
2.3 MW each, including two years of service and maintenance support. The
Siemens Power Transmission and Distribution Group will also supply two
transformers to the project.
    The Canadian wind power market is expected to see unprecedented growth
over the next decade. "Canada's installed wind energy capacity grew by 113% in
2006. Out of the current installed capacity of 1,535 MW, 776 MW were installed
in 2006 alone," stated Guenther Scholz, president and CEO of Siemens Canada
Limited. "Canada is an important, growing wind power market and we are pleased
that Canadian Hydro Developers selected Siemens to help provide clean power to
the citizens of Ontario." This order will play a part in the tremendous growth
anticipated and marks the second significant contract for Siemens in the
Canadian wind market.
    "This is a key project for Canadian Hydro and we are pleased to have
selected Siemens as our supplier," said Ross Keating, president operations &
development of Canadian Hydro. "Siemens has a strong commitment to the
Canadian energy market, and is a world-leader in wind technology. Together,
our two organizations will design and construct the Wolfe Island Wind Project
in line with current best practices. We believe that the wind plant will
become a source of pride for the Wolfe Island and Kingston communities."
    "Wind energy is an important part of Siemens' strategy that addresses
both energy security and climate change," added Scholz. "Siemens is a leader
in climate-protection technologies. Our comprehensive portfolio in power
generation, distribution and industrial applications includes highly effective
measures to reduce CO(2) emissions. Industry and governments must join forces
to combat climate change."

    About Canadian Hydro

    Canadian Hydro Developers, Inc. is passionate about building a
sustainable future for our children and grandchildren. Canadian Hydro is a
developer, owner and operator of 19 power generation facilities totalling net
265 MW in operation and has an additional 403 MW either started or nearing
construction. The renewable generation portfolio is diversified across three
technologies (wind, water and biomass) in the provinces of British Columbia,
Alberta and Ontario. This portfolio is unique in Canada as all facilities are
certified, or slated for certification, under Environment Canada's EcoLogoM
Program. Further information at:

    About Siemens Power Generation

    The Power Generation Group (PG) of Siemens AG is one of the premier
companies in the international power generation sector. In fiscal 2006 (which
ended September 30), Siemens PG posted sales amounting to more than
EUR10 billion and received new orders totaling EUR12.5 billion, according to
U.S. GAAP. Group profit amounted to EUR782 million. On September 30, 2006, PG
had a work force of approximately 36,400 worldwide. Further information at:

    About Siemens in Canada

    Siemens is one of the largest and most diversified companies in the
world, providing innovations in areas such as automation and control, power,
transportation, medical, information and communications, and lighting. In
Canada, Siemens is headquartered in Mississauga, Ontario, with more than 7,500
employees located in 76 offices and seven major manufacturing facilities.
Sales for fiscal 2006 were $2.3 billion. Further information at:

    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.

    /NOTE TO PHOTO EDITORS: A photo accompanying this release is available on
    the CNW Photo Network and archived at
    Additional archived images are also available on the CNW Photo Archive
    website at Images are free to accredited
    members of the media/

For further information:

For further information: DL Leslie, Siemens Canada Limited, Corporate
Communications, (905) 819-5926,; Kent Brown, CFO,
Canadian Hydro Developers Inc., e-mail:, phone: (403)

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