CWP Clipper Reg S

 

TIDMCWP 
 
RNS Number : 3309H 
Clipper Windpower Plc 
18 February 2010 
 

Clipper Windpower Announces Groundbreaking for Offshore Wind Blade Factory 
BLYTH, UK - 18th February 2010 - Clipper Windpower Marine Limited, a fully owned 
subsidiary of  Clipper Windpower, Inc. ('Clipper') today announced the 
groundbreaking of its offshore wind turbine blade manufacturing facility in 
Neptune Estate, Tyne, UK. 
The ground breaking event, scheduled for today at 9:30 am at the site, will be 
attended by the Prime Minister and the Energy and Climate Change Secretary, Ed 
Miliband. 
The new factory, a 4000 m2 facility, is expected to be completed in the third 
quarter of 2010.  The site is owned by the City of Newcastle and is being 
developed by Shepherd Offshore Services.  Assuming expansion of the offshore 
market is in line with the Government goals and Clipper turbines represent 
approximately one gigawatt per year of development, the factory is expected to 
employ a local workforce in excess of 500. 
The factory will be used to develop and build blades for the 'Britannia 
Project', a 10 MW offshore wind turbine prototype under development by Clipper. 
The prototype is scheduled for deployment in late 2012, and is among the largest 
wind turbines under development in the wind industry.  The blades will be 72 
metres long and weigh over 30 tonnes. 
A Department of Energy and Climate Change grant of GBP4.46 million was awarded 
to Clipper in September 2009.  The grant is intended to accelerate development 
and demonstration of offshore wind technologies and components for 
multi-megawatt turbines. Accordingly, the grant will contribute toward some of 
the costs associated with the development of the Britannia offshore wind turbine 
blade and factory.  In April 2008, the Crown Estate announced its purchase of 
the first commercial prototype Britannia turbine. 
James G.P. Dehlsen, Chairman of Clipper, said: 
"Today marks an exciting and important milestone in achieving the Britannia 
Project blade requirements.  Over the next few years, with the development of 
the Britannia turbine the UK will benefit through the supply of electricity 
based on its abundant offshore wind energy resource, and also with economic 
activity related to turbine manufacturing, offshore installation, and long term 
operations and servicing. The offshore wind market in the UK is rapidly becoming 
one of the most exciting sectors in the global renewable energy industry." 
Offshore wind energy projects under development total nearly half the current 
global offshore installed capacity (according to the BWEA). 
About Clipper 
 
 Clipper Windpower Plc, www.clipperwind.com, is a company 
engaged in wind energy technology, turbine manufacturing, and wind project 
development.  The Company designs advanced wind turbines, manufactures its 2.5 
MW Liberty wind turbine, and actively develops wind power generating projects in 
the Americas and Europe. Clipper's headquarters are in the United Kingdom and in 
California, USA.  The Company's 330,000 square foot manufacturing and assembly 
facility for land-based wind turbines is located in Cedar Rapids, Iowa; its 
development centre for offshore wind turbine development is located in Blyth, 
UK.  Clipper is a public company listed on AIM of the London Stock Exchange. 
Clipper's ticker symbol is CWP. 
The ordinary shares of Clipper Windpower Plc are traded on AIM of the London 
Stock Exchange and are not registered under the U.S. Securities Act of 1933, as 
amended. Such shares may not be offered or sold to residents of the United 
States or to persons acting on their behalf, or to other persons who are "United 
States Persons" within the meaning of Regulation S as promulgated under the 
Securities Act of 1933, unless such shares have been registered under the 
Securities Act or there is an available exemption from 
registration. 
 
 ### 
 
For more information contact: 
 
Business and 
Trade: 
Mary Gates 
 Director, Global Communications 
 +1 661 301 
0400 
mgates@clipperwind.com 
Investors: 
 Jenny Matthews 
 Investor Relations Director 
 +44 (0)20 7820 
1078 
jmatthews@clipperwind.com 
JPMorgan Cazenove (Nominated Adviser and Corporate Broker to 
Clipper) 
 Patrick Magee 
 +44 (0)207 588 2828 
Financial Press: 
 Patrick d'Ancona / Charlotte Kirkham 
 M: 
Communications 
 +44 (0)20 7920 2347 / 2331 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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