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EANS-News: ANDRITZ to supply tidal current turbines to MeyGen, Scotland

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  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
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Company Information

Graz/Vienna, November 06, 2014.  ANDRITZ HYDRO Hammerfest, part of 
international technology Group ANDRITZ, has received an order from MeyGen Ltd. 
to supply three 1.5-megawatt tidal current turbines to the planned tidal 
array in the Inner Sound of the Pentland Firth, Scotland. Tidal current 
turbines are anchored to the sea bed in coastal waters and driven by rising 
and falling tides. Commissioning of the three turbines is scheduled for the 
end of 2016.

The order placed with ANDRITZ HYDRO Hammerfest is the first commercial order 
worldwide to supply tidal current turbines and part of the first project phase 
in completion of the MeyGen tidal array, which is the largest development 
project worldwide for a tidal turbine array. In the long-term, MeyGen is 
planning to install a total of 269 turbines with an overall output of 398 
megawatts, which will provide predictable, renewable, and sustainable energy 
for 175,000 Scottish households.

ANDRITZ HYDRO Hammerfest is one of the world's leading companies in the 
development and supply of tidal current turbines to generate electricity from 
renewable energy sources.

- End -


Press release and graphic available for download 
Press release and graphic are available for download at the ANDRITZ web site:
www.andritz.com/news. The graphic may be published free of charge if the source
is stated: "Graphic: ANDRITZ".


The ANDRITZ GROUP
The ANDRITZ GROUP is a globally leading supplier of plants, equipment, and 
services for hydropower stations, the pulp and paper industry, the metalworking 
and steel industries, and solid/liquid separation in the municipal and 
industrial sectors. The publicly listed, international technology Group is 
headquartered in Graz, Austria, and has a staff of around 24,100 employees. 
ANDRITZ operates over 250 production sites as well as service and sales 
companies all around the world. The ANDRITZ GROUP ranks among the global 
market leaders in all four of its business areas. One of the Group's overall 
strategic goals is to strengthen and extend this position. At the same time, 
the company aims to secure the continuation of profitable growth in the long 
term.

ANDRITZ HYDRO
ANDRITZ HYDRO supplies electromechanical equipment for hydropower stations. 
With over 170 years of accumulated experience and more than 30,000 turbines 
installed totaling approximately 420,000 megawatts of output, the business 
area is one of the world's leading system suppliers, offering the complete 
product portfolio, including turbines, generators, and additional equipment 
of all types and sizes: "from water to wire" for small-scale and large 
hydropower stations up to outputs of more than 800 megawatts per turbine unit. 
ANDRITZ HYDRO is also well-positioned in the growing maintenance, refurbishment,
and upgrade market for existing hydropower plants. Pumps (for water transport, 
irrigation, and applications for various industries) and turbo-generators for 
thermal power stations are also part of the business area.

Further inquiry note:
Oliver Pokorny
Group Treasury, Corporate Communications & Investor Relations
Tel.: +43 316 6902 1332
Fax: +43 316 6902 465
mailto:oliver.pokorny@andritz.com

end of announcement                               euro adhoc 
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company:     Andritz AG
             Stattegger Straße 18
             A-8045 Graz
phone:       +43 (0)316 6902-0
FAX:         +43 (0)316 6902-415
mail:         welcome@andritz.com
WWW:      www.andritz.com
sector:      Machine Manufacturing
ISIN:        AT0000730007
indexes:     WBI, ATX Prime, ATX, ATX five
stockmarkets: official market: Wien 
language:   English

Original-Content von: Andritz AG, übermittelt durch news aktuell

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