Press Releases 2004
REpower concentrates on core converter construction business area and expansion of foreign operations
Denker & Wulf AG management buy-out
Hamburg, 30 December 2004. In light of the declining German wind energy market, REpower Systems AG (WKN 617703) has decided to concentrate in future on its core business area, converter construction, and the expansion of its...[More]
REpower to supply wind farm in eastern France
16 type MM82 turbines to be installed as early as the second and third quarters of 2005
Hamburg, 27 December 2004. REpower Systems AG (WKN 617703) has received a further order from France for the coming year. 16 of REpowers’s 2-megawatt class turbines will be installed at “Le haut des Ailes” wind farm near Nancy in...[More]
REpower 5M achieves rated power of 5,000 kilowatts
21 December 2004. The world’s largest wind turbine achieved its rated power of 5,000 kilowatts for the first time at the end of last week. The turbine has already been feeding electricity to the grid since mid November and is...[More]
Prof. Dr. Fritz Vahrenholt becomes a member of the EDF Sustainability Council
December 20, 2004. The Chairman of the Board of REpower Systems AG, Prof. Dr. Fritz Vahrenholt, has been appointed a member of the newly founded Sustainability Council of the French Éléctricité de France (EDF). The Council has...[More]
REpower with Continued Success in Japan
Hamburg, 17 December 2004. REpower Systems AG (WKN 617703) is delivering an additional wind farm to Japan. Nine REpower MD77 turbines will be erected next year in the southwestern Japanese island of Honshu, in the coastal city of...[More]
The world’s largest wind turbine is connected to the grid
Further REpower 5M turbine to be erected in 2005 in the DEWI-OCC test field/ Cuxhaven
Hamburg, 16 November 2004. The prototype of the worlds’ largest wind turbine, the REpower 5M, has been feeding electricity into the grid since the end of last week. The turbine has been successfully put into operation and is...[More]
Improvement in results in the 3rd quarter of 2004
Hamburg, November 12, 2004. REpower Systems AG (TecDAX, WKN/security number 617703) has constructed 75 wind turbines in the first nine months of the current financial year and increased its nominal output slightly by 3.3 per cent...[More]
REpower takes multi-megawatt technology to China
Licence agreement reached with largest Chinese steam turbine constructor
Hamburg, November 1, 2004. REpower Systems AG (TecDAX, WKN 617703), a leading supplier of wind turbines in the multi-megawatt class, today signed a licence agreement with Dongfang Steam Turbine Works (DFSTW) in the presence of...[More]
REpower supplies Repowering Project in Great Britain
Wind farm will be installed in 2005
Hamburg, 29 October 2004. REpower UK Ltd. a joint venture between the British mechanical engineering company Peter Brotherhood Ltd. and REpower Systems AG (TecDax, WKN 617703) is supplying the Repowering Project “Caton Moor”...[More]
REpower successfully completes the 5M
The world’s largest wind turbine will be feeding power to the grid by the end of the year
Hamburg, 4 October 2004. With the installation of the rotor on Friday evening, all the essential assembly work on the REpower 5M had been successfully completed. The remaining work was finished off over the weekend, leaving the...[More]
With the installation of the rotor REpower successfully completes assembly work on the 5M
Construction work on the REpower 5M was successfully completed last night with the installation of the rotor. Thus the main work on the prototype of the 5-megawatt, REpower 5M wind turbine has finally been completed. In the next...[More]
Installation of the REpower 5M - Construction Phase 3: Fitting the Rotor
September 30, 2004. The third and final phase of construction work to build the world’s largest wind turbine, the REpower 5M, begins today with the fitting of the rotor. The rotor has a diameter of 126 meters and, when rotating,...[More]
Comment on the Handelsblatt article “Wind park operator Plambeck ordered to slim down” of 29.09.04
29. September 2004. In today’s edition of the Handelsblatt it is reported that REpower wants to improve its liquidity situation by getting rid of “small fry” and is planning the sale of affiliate Denker & Wulf AG. The board of...[More]
Installation of the nacelle in progress / Drive train mounted
September 27, 2004. With the installation of the fifth and final tower section having been completed on Sunday afternoon, the assembly team has now begun installing the 18-meter-long, six-meter-wide and six-meter-high nacelle on...[More]
Update on the construction of the REpower 5M:
Last part of tower errected and installation of nacelle started
Statement on the equity risk rating of SES-Research GmbH
The equity risk rating of the SES-Research GmbH, which was published last week, caused confusion among some of REpower Systems AG’s investors. As in September 2003, REpower has been downgraded to rating class D, after being...[More]
Construction of REpower 5M continues on Sunday
25. September 2004. With the “Queen” low pressure area having drawn across northern Germany in the last few days and gusty weather today, current forecasts suggest that work can continue on constructing the worlds’ largest wind...[More]
Fourth tower segment for the REpower 5M installed
Crane to be lengthened today to a hook height of 135 metres
20 September 2004. The work that began on Friday to erect the 5M tower continued at the weekend. On Sunday evening, the fourth section of the tower was placed in position and bolted. Thus the steel construction currently reaches...[More]
Construction of two tower segments of REpower 5M completed
September 17, 2004. By erecting the tower the go-ahead for constructing the world’s largest wind energy turbine REpower 5M was given in Brunsbüttel, Schleswig-Holstein today. The tubular steel tower consists of five individual...[More]
Construction of REpower 5M to Begin on Friday
This evening the first and fifth tower segments, the final components needed for the REpower 5M – the world’s largest wind turbine – will arrive at the Elbehafen port in Brunsbüttel. Just this Wednesday, delivery was taken of the...[More]
REpower Installs World’s Largest Wind Turbine in Brunsbüttel, Schleswig-Holstein
Hamburg, Germany. September 10, 2004. Starting in the middle of next week, REpower Systems AG (TecDAX, WKN 617703) will be installing the prototype of what is currently the world’s largest wind turbine, the REpower 5M, at a site...[More]
Nacelle and Rotor Headed to Brunsbüttel
The turbine’s central components – the hub and nacelle – were loaded onto a pontoon yesterday at Howaldtswerke-Deutsche Werft AG (HDW) where the turbine was assembled, and are currently being towed to Brunsbüttel. The voyage via...[More]
The nacelle cover for the 5M has been assembled.
All the installation work on the nacelle and hub is completed. The heart of the REpower 5M is now clad and is ready to be taken away. The components are shipped on a pontoon along the Kiel Canal from Kiel to the Brunsbüttel Port...[More]
REpower: International Engineering Team Installs Highest-Output Wind Turbine in Hamburg Area
Hamburg, Germany. August 24, 2004. REpower Systems AG (TecDAX, WKN 617703) will today begin installation of the highest-output wind generator in Hamburg at the Georgswerder waste disposal site. This modern, multi-megawatt...[More]
Successes in Austria and Hungary for REpower
- First multi-megawatt turbines in Hungary
- Market entry in Austria
REpower Systems AG is pressing ahead with its expansion and has now achieved first successes in Hungary and Austria. Last week, two type MM82 turbines were sold to Hungary. This means that REpower will install the first...[More]
REpower Systems AG Half-Year Losses Fit Plan
- Sales revenues down due to stricter application of IFRS
- First supply contract for Belgium, stronger growth in 2005
- REpower 5M machine test successfully completed
Hamburg, Germany. August 13, 2004. In the first half-year 2004, REpower Systems AG (TecDAX, WKN 617703) installed 50 wind turbines and increased installed nominal output by 20 percent to 80.0 megawatts. Total operating...[More]
REpower 5M machine test successfully completed
The machine test for the REpower 5M has been successfully completed in Kiel. Following the final assembly of the components, the turbine underwent mechanical as well as electrical tests. The designers of the 5-megawatt machine...[More]
Loading of 6 MD77 for France
Loading of the nacelle, hub and blades for six REpower MD77 wind turbines began in Brunsbüttel, northern Germany yesterday. The machines will be at sea for three to four days before being off loaded in La Rochelle-Pallice, north...[More]
Work begins on assembling crane for the REpower 5M turbine
With the foundations having been completed for the REpower 5M turbine, yesterday work has begun on assembling the crane. The LG 1750 lattice tower mobile crane is a brand new design from Liebherr and is being used for the first...[More]
REpower is constructing its first wind farm in Australia
Delivery of six 2-megawatt turbines at the beginning of 2005
Hamburg, Germany, August 3, 2004. REpower Australia Pty Ltd, a 50 per cent-owned holding of REpower Systems AG (TecDAX, WKN 617703), has concluded a supply contract for six 2-megawatt turbines. The Australian company, which...[More]
REpower signs important contract in Italy;
delivery of 19 turbines for installation in 2004
Hamburg, Germany, July 28, 2004. Before the year is out, REpower Systems AG (TecDAX, WKN 617703) will erect 19 MM82 turbines at Troia (Foggia) in southern Italy, each with a rated power of 2 megawatts. The order for the turnkey...[More]
Business in France gains momentum
REpower signs its first agreement with the EdF subsidiary EdF Energies Nouvelles for the supply of eleven turbinesConstruction of more than 20 turbines in the third and fourth quarter of 2004Hamburg, July 23, 2004. The French...[More]
Substructure construction of REpower 5M completed
The work on the foundation for the prototype of the REpower 5M turbine (5MW), in Brunsbüttel, Northern Germany has been completed. The turbine will be installed in the next weeks. Due to its height of 183 metres and its weight of...[More]
REpower UK secures first wind turbine orders
Within just six months of its launch REPower UK Ltd, the new joint venture between wind turbine company REpower Systems AG and specialist engineering company Peter Brotherhood Ltd, has secured its first wind turbine order. A...[More]
REpower appreciates EEC compromise by the Arbitration Commission
Long-term investment guarantee restored
Hamburg, June 22, 2004. REpower Systems AG (TecDAX, WKN 617703),leading provider of wind energy turbines in the multi-megawatt class appreciates the compromise achieved by the Arbitration Commission regarding the amendment of the...[More]
REpower and the Minister of Economics for Schleswig-Holstein investigate the status of the work on the biggest wind power turbine in the world
15th June 2004. Today REpower board members Prof. Dr. Fritz Vahrenholt (Chairman) and Matthias Schubert (Technology), together with the Minister of Economics for Schleswig-Holstein Dr. Bernd Rohwer and State Secretary of Energy...[More]
Annual General Meeting of REpower Systems AG decides by resolution to distribute a dividend of 0.60 EUR per share
Skeleton agreement undersigned with the French corporation MAIA SONNIER for exclusive delivery in 2 megawatt class
Hamburg, June 9, 2004. At the Annual General Meeting of REpower Systems AG (TecDAX, WKN 617 703) in Hamburg the shareholders once again extended their full support to the corporation. All items on the agenda were passed with...[More]
Quarterly figures of REpower Systems AG on target:
- Gross revenue EUR 41.2 million, EBIT EUR -3.3 million.
- Sales and earnings prospects remain unchanged
- Export prospects slightly improved: More than 50 turbines abroad
Hamburg, May 14, 2004. REpower Systems AG (TecDAX, WKN 617703), a leading supplier of megawatt-class wind turbines, reported gross revenue of EUR 41.2 million for the first three months of 2004. This compares to gross revenue of...[More]
REpower is supplying Japan with another eight wind turbines
Hamburg, 7th May 2004. The Japanese operations of REpower Systems AG (TecDAX, WKN 617703), a leading supplier of wind turbines in the multi-megawatt class in particular, are going from strength to strength. Six REpower MD77...[More]
Substructure construction of REpower 5M begins
Substructure construction of the REpower 5M 5-megawatt turbine prototype began in Brunsbüttel yesterday, Monday April 19. The wind turbine, which weighs over 1,100 tons (head mass/rotor and nacelle: approx: 360 tons), will...[More]
Final figures for fiscal year 2003
- Gross revenue up at EUR 299.3 million; Revenue climbs to EUR 285.5 million- EBIT of EUR 12.9 million- Dividend proposal remains unchangedHamburg, March 25, 2004. REpower Systems AG (TecDAX, WKN 617703),...[More]
Preliminary key figures for fiscal 2003
- Gross revenue and market share up despite difficult market- Earnings down- Dividend constantHamburg, March 4, 2004. Despite a very difficult market environment in Germany, REpower Systems AG (TecDax, WKN 617703)...[More]
Decentralization of service is proving its worth:
REpower now No. 2 in BWE’s service ranking
REpower’s decentralization of its service activities is bearing fruit. The Company moved into second place in the annual service survey conducted by Bundesverband WindEnergie. Last year, BWE sent 1,770 operators three...[More]
REpower slightly exceeds 2003 construction target
188 turbines erected in past fiscal year
Hamburg, January 6, 2004. Hamburg, January 6, 2004. REpower Systems AG (TecDAX, WKN 617703), a leading supplier of wind turbines in the multi-megawatt class in particular, erected 188 wind turbines in fiscal year 2003, exceeding...[More]