Contents:

TURBINES & TURBINE GENERATOR SETS A GLOBAL STRATEGIC BUSINESS REPORT CONTENTS I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS Study Reliability and Reporting Limitations I-1 Disclaimers I-2 Data Interpretation & Reporting Level I-2 Quantitative Techniques & Analytics I-3 Product Definitions and Scope of Study I-3 Hydraulic Turbines I-3 Steam Turbines I-4 Gas Turbines I-4 Wind Turbines I-4 Combined-Cycle/Combined-Heat-and-Power Turbines I-4 Combustion Turbines I-4 Turbine Generators Set I-4 II. Executive Summary 1. Industry Snapshots II-1 2. Industry Overview II-2 Table 1: Leading Players in the Global Turbines Market (2004 & 2005(E)): Percentage Breakdown of Installed Capacity in Megawatts for General Electric, Siemens, Alstom, Mitsubishi Heavy Industries and Others (includes corresponding Graph/Chart) II-2 Current & Future Analysis II-3 Worldwide Power Generation Market II-3 Table 2: Leading Players in the Global Power Generation Equipment Market (2004 & 2005): Percentage Breakdown of Installed Capacity in Megawatts for Alstom,General Electric, Siemens and Others (includes corresponding Graph/Chart) II-4 Wind Power - The Potential Clean Energy Source II-4 Table 3: Leading Countries in the Global Wind Turbines Market (2005 & 2006): Percentage Breakdown of Installed Capacity in Megawatts for Germany, Spain, US, India, Denmark, and Others (includes corresponding Graph/Chart) II-5 Table 4: Leading Countries in the Global Wind Turbines Market (2005 & 2006) - Percentage Breakdown of New Capacity Installations in Megawatts for US, Germany, Spain, India, China, and Rest of World (includes corresponding Graph/Chart) II-5 Table 5: Leading Manufacturers in the Global Wind Turbines Market (2004 & 2005): Percentage Breakdown of Installed Capacity in Megawatts for Vestas, Gamesa, Enercon,GE Wind, Siemens, Suzlon, REpower, and Others (includes corresponding Graph/Chart) II-6 Denmark: Leading the Wind Turbine Sector II-6 Offshore Wind Turbines - A High Potential Market II-7 Global Wind Energy Council II-7 3. Trends and Issues II-8 Gas Turbines to Pick Up Pace II-8 Table 6: Leading Players in the Global Gas Turbines Market (2004 & 2005): Percentage Breakdown of New Capacity Installations in Megawatts for General Electric, Siemens, Mitsubishi Heavy Industries, Alstom, and Others (includes corresponding Graph/Chart) II-9 Table 7: Leading Players in the Global Gas Turbines Market (2006): Percentage Breakdown of Unit Sales for General Electric, Siemens, Alstom, and Others (includes corresponding Graph/Chart) II-9 Steam Turbines on the Brink of Saturation II-9 Table 8: Leading Players in the Global Steam Turbines Market (2006): Percentage Breakdown of Unit Sales for Alstom, General Electric, Siemens, Mitsubishi Heavy Industries, and Others (includes corresponding Graph/Chart) II-10 Micro and Mini Turbines Traverse Troughs and Crests II-10 Smooth Sailing for Wind Turbines II-10 Rising Demand for Large Wind Turbines II-11 Hybrid Power Wind Turbines On a Rise II-11 Rising Oil Prices Fuels Demand for Wind Turbines II-12 Small Turbines Picking Up Pace II-12 Export-Import Scenario II-12 Table 9: World Turbines Market (2003, 2004 & 2005): Imports of ‘712-Steam Turbines & Other Vapor Turbines, and Parts Thereof’ by Country in US$ Million (includes corresponding Graph/Chart) II-12 Table 10: World Turbines Market (2003, 2004 & 2005): Exports of ‘712-Steam Turbines & Other Vapor Turbines, and Parts Thereof’ by Country in US$ Million (includes corresponding Graph/Chart) II-13 4. Turbines and Turbine Generator Sets - An Overview II-14 Turbines - The Energy Generators II-14 Gas Turbines II-14 Steam Turbines II-15 Combined-Cycle/Combined-Heat-and-Power Turbines II-15 Mode of Operation II-16 Hydraulic Turbines II-16 Wind Turbines II-16 Small Wind Turbines - Simple and Efficient II-17 Hybrid Power Wind Turbines: A Technical Insight II-17 Solar Turbines II-18 Distributed Power Generation - The Future of Power Generation II-18 Combustion Turbines II-18 Industrial Turbines II-18 Mini and Micro Turbines II-18 Advantages of Microturbines II-19 Applications of Microturbines II-20 Combined Heat and Power (Co-Generation) II-20 Offshore Rigs II-20 Hospitals II-20 Backup Generators II-20 Vehicle Applications II-20 Fuel Cells II-20 Trade Groups II-21 Turbine Trade Groups II-21 Engine Trade Groups II-21 5. Research and Development II-22 ATS II-22 NGT II-22 CHAT II-22 6. Product Introductions/Innovations II-23 California-based Inventors Develop Gas-Fuelled Turbines II-23 ACCIONA Windpower Launches AW-1500 Wind Turbine II-23 Dresser-Rand Launches 400RT Series of Steam Turbines II-23 GE and NREL Plan to Develop Wind Turbine for Offshore Projects II-24 GE Energy Introduces New Wind Turbine Technology II-24 GE Energy Introduces 1.5xle Unit II-24 Siemens Unveils Innovative H-Class Gas Turbine II-24 NEG Micon Unveils 1.65 MW Wind Turbine II-25 7. Recent Industry Activity II-26 Alstom Signs Turnkey Contract with Electrabel II-26 Alstom to Provide Equipment for 255MW Power Plant II-26 Alstom Enters into a Contract with Eskom II-26 BHEL Secures EPC Contract for Combined Cycle Power Plant II-27 BHEL Wins EPC Contract to Set Up 300 MW Gas Turbine-Based Power Plant II-27 GE Energy Secures Over $1 Billion Contract from Invenergy II-28 GE Energy Signs Agreements to Supply Wind Turbines to RES II-28 Geometric Power Secures Three Aeroderivative Gas Turbines of GE Energy II-28 Horizon Inks Wind Turbine Supply and Service Agreements with GE Energy II-29 MHI Receives Full-Turnkey Order from Nuon II-29 MHI Enters into Contract with Shandong Nuclear Power II-30 MHI to Supply Up to Six Gas Turbines to Georgia Power II-30 Vestas Secures Order for 109 Units of Wind Turbines I n the US II-31 Vestas Secures Order for 32 Units of 1.8 MW Wind Turbines II-31 Vestas Secures Order from EAB Projektbau for 16 Turbines II-31 Vestas Wins Order from Vindkompaniet for 18 Turbines II-31 Vestas Receives Order from TransAlta Wind for 22 Turbines II-32 Vestas Secures Two Orders for 27 Turbines II-32 Vestas Secures Order from Vortex Energy Group for 16 Turbines II-32 L&T to Invest INR10 Billion on SEZ II-32 E.ON Signs MoU with OAO Gazprom II-33 Suez and Gaz de France Acquire CCGT Power Plant II-33 L&T Enters into a JV Agreement with MHI II-33 BHEL Wins New Contract from SAIL II-33 Skoda Power to Establish a Steam Turbine Facility near Hyderabad II-33 Liaoning GaoKe Signs Agreement with Norwin II-34 Leitner Shriram to Produce Wind Turbines II-34 Multibrid to Provide Wind Turbines to Prokon Nord II-34 Mitsubishi Heavy Industries Plans to Double Production Capacity II-34 Nuclear Power to Join Forces with BHEL II-35 AAER Enters into Joint Venture with Valorem II-35 Xinjiang Goldwind Agrees to Acquire Majority Stake in Vensys Energy II-35 Andritz Acquires Tiszakecskei Gepgyar Kft II-35 Alstom to Construct New Production Unit in the US II-35 Alstom Secures Over €1.4 Billion Contract from Eskom II-36 Alstom to Provide Turbine Generators to the US Nuclear Plants of UNE II-36 Alstom Acquires Ecotècnia II-36 Alstom Secures €150 Million Contract for Five GT13E2 Gas Turbines II-37 Alstom to Provide Steam Turbine Generator Sets to Doosan Heavy Industries II-37 Alstom Receives Large Order for Steam Turbine Retrofit II-38 Alstom Agrees to Acquire Power Systems II-38 Alstom Wins a Steam Turbine Generator Supply Contract from EEHC II-38 Colbun Picks up GE Energy for Steam Turbine Generator Technology II-39 GE Energy Wins a Wind Turbines Supply Contract from Noble Environmental II-39 GE’s Supply of Wind Turbine Capacity to Invenergy to Double II-39 GE to Supply Six Aeroderivative Gas Turbines to Two Russian Power Stations II-40 GE Energy Supplies 39 Wind Turbines to two Polish Wind Farms II-40 GE Energy Inks a Supply Contract with Papelera of Spain for Aeroderivative Gas Turbine Generator II-40 Zorlu Selects GE’s 2.5xl Wind Turbine Technology for a Wind Park in Turkey II-41 Sullair Selects GE to Supply Aeroderivative Gas Turbines for a Power Plant in Argentina II-41 GE Energy Inks a Wind Turbine Supply Contract with SkyPower II-41 GE Energy Wins US$750 million Worth Gas Turbine Supply Orders from EDF II-42 GE Energy Secures a US$730 million Wind Turbines Supply Contract from EDP II-42 GE Energy Gains Turnkey Equipment and Services Supply Contract from Silkeborg II-43 GE Energy to Supply Aeroderivative Gas Turbine to an Italian Power Plant II-43 GE Energy Supplies Gas Turbine Generators to Kuwaiti Power Plants II-43 GE Energy Wins Gas Turbine Supply Contract from Three Companies in Latin America II-44 BHEL Wins a Prestigious Gas Turbine Export Contract from a Power Company in UAE II-44 GE Inks an Aeroderivative Gas Turbine Generators Supply Contract with MODEC of Brazil II-44 GE and Toshiba Expand Gas Turbine Services JV to Incorporate GE’s H System TM II-45 GE Receives Wind Turbines Supply Contract from NEP II-45 GE Wins a Second Gas Turbine Contract from Basin Electric II-45 Mitsubishi Enters into a JV Agreement with L&T for a Steam Generator and Turbine Plant II-46 MHI Bags a STG Supply Order from Sanmen’s Power Plant in China II-46 MHI Inks a Collaborative Agreement with ZAO Ural and Renova for Steam and Gas Turbine Businesses II-47 MHI Wins Gas Turbine Supply Contracts from Two Egyptian Companies II-47 MHI Secures Steam-Turbine Power Generation Systems Order from CEPC of Egypt II-48 MHI Wins Huge Wind Turbines Supply Contracts from Five Major US Wind Power Generation Companies II-48 MHI Enters into a Gas Turbines Licensing Agreement with Doosan of Korea II-48 MHI Enters into a Technology License Agreement with Wuzhong of China II-49 MHI to Achieve Threefold Increase in Wind Turbine Production Capacity II-49 Rolls-Royce Gains a Gas Turbine Maintenance Services Contract from BP II-50 Rolls-Royce Bags RB211-GT61 Packages Contracts from Three Companies II-50 Siemens Inks a Wind Turbines Supply Contract with Dong Energy of Denmark II-50 Siemens Gains Industrial Steam Turbine Supply Contract from Daelim of Korea II-51 Siemens to Supply Wind Turbines and Steam Turbines to Spain II-51 Siemens to Supply Wind Turbines to Canada II-52 Siemens to Supply Wind Turbines to New Zealand II-52 Greater Gabbard Offshore Winds Secures Wind Turbines from Siemens II-52 Siemens Installs 24 Offshore Wind Turbines in the UK II-53 Siemens to Upgrade Oskarshamn Unit 2 Nuclear Power Plant Turbines II-53 Vestas Italia Receives Wind Turbines Supply Order from Minerva II-53 Vestas Receives Wind Turbines Supply Order from Vindkompaniet AB II-54 Vestas Portugal Receives Wind Turbines Supply Order from ENEREEM, Energias Renováveis, Lda II-54 Vestas Receives Wind Turbines Supply Order from Community Wind Power Ltd II-54 Vestas Central Europe Receives Wind Turbines Supply Order from e.n.o. Energy II-54 Vestas Benelux Receives Wind Turbines Supply Order from Dutch Consortium II-55 Vestas Italia Receives Wind Turbines Supply Order from Eos4 Faeto II-55 Vestas Italia Receives Wind Turbines Supply Order from AceaElectrabel Produzione SpA II-55 Vestas Receives Wind Turbines Supply Order from Zajaczkowo Windfarm II-56 Vestas Italia Receives Wind Turbines Supply Order from Ertürk Elektrik Üretim II-56 Vestas Receives Wind Turbines Supply Order from Parque Eólico Puerto Real II-56 Vestas Italia Receives Wind Turbines Supply Order from FRI-EL Grottole II-56 Vestas Receives Wind Turbines Supply Order from Alite Wind II-57 Vestas Receives Wind Turbines Supply Order from Energías Renovables del Bio Bio S.A II-57 Vestas Receives Wind Turbines Supply Order from Northeolic Sierra de Tineo II-57 Akeena Solar Acquires Alternative Energy II-58 Gas Turbine Efficiency PLC Acquires ARES Technology LLC II-58 Gas Turbine Efficiency PLC Acquires Control Center LLC II-58 Alstom SA to Acquire Power Systems Manufacturing from Calpine Corp II-58 Marubeni Corp to Acquire Power Systems Manufacturing from Calpine Corp II-58 Hyundai Heavy Industries Acquires Ideal Electric Co II-58 Hansheng Industrial Equipment Manufacturing Acquires L.Air Holdings II-59 American Security Resources Corp. to Acquire Stakes in May- Wind Co LLC II-59 Hendricks Holdings Acquires Roug A/S II-59 Gridiron Capital Acquires Industrial Turbine Engine Component Repair Business of SIFCO Industries II-59 GFI Energy Ventures LLC Acquires Turbine Generator Maintenance II-59 Siemens Signs a Contract to Supply Wind Turbines to Dong Energy II-59 NTPV Enters into JV with Bharat Forge to Produce Power Plant Equipment II-60 Toshiba to Invest in India to Manufacture Supercritical Steam Turbines II-60 General Electric to Set Up Wind Turbines Manufacturing Facility in India II-60 Vestas RRB to Expand Operations in North America II-60 Electricity Generating Authority of Thailand to Form JV to Provide Gas-Turbine Maintenance Services II-60 Larsen & Toubro in JV with Mitsubishi to Establish a Steam Turbines and Generators Facility in India II-61 GE Energy to Supply Wind Turbines to Third Planet Windpower II-61 Indivision Acquires Stakes in Regen Powertech II-61 Toshiba Plant Systems and JFE Engineering to Jointly Manufacture Steam Turbines II-61 GE Energy to Supply Wind Turbines to EDP Energias de Portugal II-62 Toshiba to Supply Steam Turbine Generators to Tata Power Company II-62 Triveni Engineering Signs Distribution Agreement with Beijing Beizhong Steam Turbine Generator II-62 Weg Completes Hisa Acquisition II-62 Enarsa to Acquire Open-Cycle Turbines II-62 Statoil ASA to Invest NOK 75 Million in Sway, the Deep Water Wind Turbine Company II-63 Pampa Holding Acquires Two Turbines for US$110 Million II-63 Kazan Motor to Form JV with Siemens and Solar Turbines II-63 Nevsky Zavod and Siemens to Form JV to Produce Gas Turbines II-64 BHEL to Produce Steam Turbines and Generators II-64 BHEL to Acquire Thermal Power Equipment Technology and Undertake Brownfield Expansion II-64 The US Department of Energy Plans Wind Turbine Blade Testing Facilities in Texas and Massachusetts II-64 Siemens Offers SGT-800 Industrial Gas Turbines with Higher Power and Efficiency II-64 Nordic Windpower Introduces Low Cost Wind Turbines in the US Markets II-65 Siemens Acquires Kuhnle, Kopp & Kausch II-65 AES Corp Takes Over Wind Energy Group II-65 MAN TURBO Acquires Steam Turbine Operations of BVI II-66 Sterling and Stephens Acquires Stake in BTEC Turbines II-66 Vestas Wind Sells Stake in Vestas RRB II-66 Shanghai Electric Merges Three Joint Venture Companies with Siemens AG II-66 GE and NPO Saturn to Form Joint Venture to Produce Gas Turbines II-66 Honiton Energy, REpower Systems and North Heavy Industry Form a Joint Venture II-66 Capstone Turbine Signs MOU for Establishing a Joint Venture II-67 Calpine Divests Excess Turbines and Associated Inventory II-67 Gamesa and Iberdrola Enter into Supply Agreement II-67 Dresser-Rand and Ingersoll Rand Enter into Agreement II-68 Solar Turbines and CNOOC Sign a Long Term Strategic Agreement II-68 Essar Wind Power Signs Licensing Agreement with REpower Systems II-68 NBT Accords With Karachi Shipyard to Produce Wind Turbines II-68 Airtricity Awards Contract to MPS for Wind Turbines II-68 NorthWinds Enters into a Turbine Supply Agreement with EU Energy II-68 GTE Enters Russian Market with Establishment of New Subsidiary II-69 ACCIONA Establishes New Wind Turbine Plant II-69 Lufthansa and Rolls-Royce Commence Construction of Joint Industrial Unit II-69 Mitsubishi to Manufacture Gas Turbines in China II-69 HAL Commences Production and Distribution of Gas Turbine Power Generators II-70 GE Energy’s Gas Turbine Service Group Bags a Six Year Service Contract from Altek II-70 GW Energi Inks an Agreement to Acquire Wind Turbines II-70 ABB Bags a Contract from E.ON UK II-70 ALSTOM Obtains a Contract to Supply Steam Turbine for a French Nuclear Plant II-70 BHEL Joins Hands with Siemens to Help Generate Additional Thermal Power II-71 Hadian Group Bags Steam Turbine Orders from China II-71 Gamesa Sells Wind Turbines to Shell II-71 Siemens Bags Order for Wind Turbines for German Re- powering Projects II-71 MHI Bags Large Order for 2.4 MW Wind Turbines from PPM Energy II-72 MHI Receives Order to Supply Key Components for M701F Gas Turbines Units II-72 Siemens Receives Contract for Steam Turbines from Sweden II-72 Siemens Gains Order for 70 Wind Turbines to be Set Up in the US II-72 Turbo Tech Bags Order from ITRI for 400 Gas Turbines II-72 MHI Bags Order for the Supply of Six M501G Gas Turbines II-73 Siemens Bags Contract from PetroChina International II-73 MHI Receives Order for the Supply of 3 Sets of LNG-fired GTCC Systems II-73 MHI Bags Order to Supply 443 Wind Turbines II-74 MHI Receives Order From Dongkuk S&C to Supply 3 Large Wind Turbines II-74 Rolls-Royce Supplies Gas Turbine Generators for Korean Navy’s KDX III II-74 Vestas to Supply V82-1.65 MW Wind Turbines the Biglow Canyon Phase-I Project II-74 Vestas Gains Order from WKN for the Supply of V90-3.0 MW Wind Turbines II-74 Vestas Bags First Order for V52-850 KW Turbines II-75 Siemens Receives Order from Uralkali JSC for Turbine- Generators II-75 Vestas to Supply V82-1.65 MW Wind Turbines for Canela Power Project II-75 Vestas to Supply V90-3.0 MW Turbines for Immerovigli Power Project II-75 GE Energy Receives Contract for Hydro-Turbine Generators II-75 GE Energy to Supply GE Frame 9H Gas Turbines to TEPCO II-76 Doosan Heavy Industries Enters into an Agreement with GE Energy II-76 GE Energy to Supply Gas Turbine Generator to a Czech Power Plant II-76 GE Energy to Supply Frame 9E Gas Turbine to Jordan II-76 GE Energy to Provide Wind Turbines for Project in Hawaii II-77 GE Energy Ships Largest Gas Turbine to Spanish Power Plant II-77 Vestas Groups Secures Order from Meridian to Supply Wind Turbines II-77 Vestas Bags Turbine Supply Orders from Parques Eolicos San Lorenzo II-77 GE Secures Contract for Gas Turbines from Qatar Gas II-77 Vestas Secures Order for Wind Turbines from PacifiCorp II-78 Nordex Bags Large Order for the Supply of Multi-MW Wind Turbines II-78 Repower to Supply 20 units of 2-MWTurbines for EDF Wind Project II-78 Rolls-Royce Receives Order to Power New US Warship II-78 Siemens Supplies 2 Units of Gas-Fired Generators and Turbines II-78 Ukraine to Supply 12 Gas Turbines to Indian Navy II-79 Siemens Increases Wind Turbine Manufacturing Capacity II-79 GE Energy Receives Order for Wind Turbines from Bares II Wind Energy Plant II-79 Horizon Wind Energy Places Turbine Order with Vestas II-79 Dresser-Rand Acquires Certain Assets of Tuthill Energy Systems II-79 Amber Acquires Minor Stake in Gamesa II-80 Franklin Acquires Stake in Gamesa II-80 Siemens Power Generation Acquires AN Windenergie GmbH II-80 AREVA Group Acquires Stake in REpower II-80 Siemens Westinghouse Acquires Jet Turbine Service II-80 Mitsubishi Heavy Signs Agreement with Solar Turbines II-80 GE Energy Wins DoE Contract to Develop Hybrid Power System II-80 GE Energy Enters into an Agreement with RasGas II-81 Rolls-Royce Receives Gas Turbine Supply Contract From Exxon Mobil II-81 Vestas Group Secures Order to Supply Wind Turbines to Emu Downs II-81 Vestas Group Receives Order to Supply Turbines for Italian Wind Parks II-82 Alstom Bags a Supply Contract for Two GT13E Turbines from Alinta II-82 GE Energy to Supply Gas Turbine to a Power Plant in New York II-82 GE Energy Enters into an Agreement to Supply Gas Turbines to the Nigerian Power Sector II-82 Invenergy Wind Signs a Contract for 350 MW of Wind Turbines from GE II-82 Voltwerk AG Places Order for Turbines with Vestas II-82 Vestas Group Receives Wind Turbine Order for France II-83 GE Energy Receives Turbine Order for Chinese Wind Power Project II-83 EEE Places Order for V90-3.0 MW Turbine II-83 Gangwon Wind Power Places Wind Turbine Order with Vestas Group II-83 Northern Power Receives Wind Turbine Order from AVEC II-83 NoordzeeWind Places Order for V90-3.0 MW Turbines with Vestas II-84 Gamesa Eolica Signs Four Contracts with Tecneira for Supply of Wind Turbines II-84 Vestas Receives Order of Wind Turbines for French Wind Farms II-84 Siemens Power Generation Signs an Agreement with FPL Energy II-84 GE Energy Receives Turbines Order from Guotou Energy II-84 Tararua Wind Power Places Order for Turbines with Vestas II-84 PPM Energy Enters into an Agreement with GE Energy for Supply of Wind Turbines II-84 GE Energy Receives Turbines Order for Six Wind Projects in France II-85 GE Energy Receives Order for Wind Turbines from Cefn Croes Wind Farm II-85 GE Energy Receives Order for Turbines from ESWF II-85 Vestas Bags Order for Supply of 67 Wind Turbines from SeaWest Holdings II-85 REpower Portugal to Make 13 Wind Turbines II-85 REpower Receives Order of 5MW Turbines for Borkum West Wind Energy Project II-85 GE Energy Receives Turbines Order for Melancthon Gray Wind Farm II-86 Toyota Tsusho Receives Wind Turbines’ Order II-86 Vestas Group Receives Order for Wind Turbines II-86 Vestas Group Receives Order for Turbines from Spain II-86 Vestas Group Receives Order for Supply of Turbines to Sardeolica Srl II-86 Vestas Wind Systems Receives Order from Vestas Deutschland GmbH II-87 GE Energy Receives Order for Supply of Wind Turbines to Italy II-87 GE Energy Receives Order of Wind Turbines for Austrian Wind Project II-87 Spain’s Six Wind Energy Projects Installed with GE Energy’s Turbines II-87 GE Energy and Doosan Secure Order to Supply Steam Turbines II-87 Siemens Receives Supply Order of Gas Turbine II-88 Hitachi Grabs Order of Steam Turbines and Generators II-88 GE Forays into Indian Wind Turbine Sector II-88 Capstone Signs an Agreement to Introduce Micro Turbine Energy Systems in India II-88 Chromalloy and Independence Air Enters into a Multi-Year Agreement II-88 Capstone Establishes New Subsidiary in Japan II-89 Caterpillar Acquires Turbomach II-89 TCT Acquisition Acquires Chromalloy’s Turbo Combustor Technology II-89 Hitachi to Supply Gas Turbines for DSD Industrieanlagen II-89 8. Focus on Select Global Players II-90 ABB (Switzerland) II-90 Alstom (France) II-90 Alstom Power Generation (USA) II-91 Bharat Heavy Electricals Limited (India) II-91 Caterpillar, Inc. (USA) II-92 GE Energy (USA) II-92 Mitsubishi Heavy Industries (Japan) II-93 Pratt & Whitney (Canada) II-93 Rolls Royce Plc (UK) II-93 Siemens AG (Germany) II-94 Vestas Wind Systems (Denmark) II-94 9. Global Market Perspective II-95 Table 11: World Recent Past, Current & Future Analysis for Turbines and Turbine Generator Sets by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Latin America Markets Independently Analyzed with New Capacity Addition in Megawatts for Years 2001 through 2012 (includes corresponding Graph/Chart) II-95 Table 12: World 10-Year Perspective for Turbines and Turbine Generator Sets by Geographic Region - Percentage Breakdown of New Capacity Addition in Megawatts for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Latin America Markets for Years 2003, 2008 & 2012 (includes corresponding Graph/Chart) II-96 Table 13: World Recent Past, Current & Future Analysis for Hydraulic Turbines by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Latin America Markets Independently Analyzed with New Capacity Addition in Megawatts for Years 2001 through 2012 (includes corresponding Graph/Chart) II-97 Table 14: World 10-Year Perspective for Hydraulic Turbines by Geographic Region - Percentage Breakdown of New Capacity Addition in Megawatts for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Latin America Markets for Years 2003, 2008 & 2012 (includes corresponding Graph/Chart) II-98 Table 15: World Recent Past, Current & Future Analysis for Steam Turbines by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Latin America Markets Independently Analyzed with New Capacity Addition in Megawatts for Years 2001 through 2012 (includes corresponding Graph/Chart) II-99 Table 16: World 10-Year Perspective for Steam Turbines by Geographic Region - Percentage Breakdown of New Capacity Addition in Megawatts for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Latin America Markets for Years 2003, 2008 & 2012 (includes corresponding Graph/Chart) II-100 Table 17: World Recent Past, Current & Future Analysis for Gas Turbines by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Latin America Markets Independently Analyzed with New Capacity Addition in Megawatts for Years 2001 through 2010 (includes corresponding Graph/Chart) II-101 Table 18: World 10-Year Perspective for Gas Turbines by Geographic Region - Percentage Breakdown of New Capacity Addition in Megawatts for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Latin America Markets for Years 2003, 2008 & 2012 (includes corresponding Graph/Chart) II-102 Table 19: World Recent Past, Current & Future Analysis for Wind Turbines by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Latin America Markets Independently Analyzed with New Capacity Addition in Megawatts for Years 2001 through 2010 (includes corresponding Graph/Chart) II-103 Table 20: World 10-Year Perspective for Wind Turbines by Geographic Region - Percentage Breakdown of New Capacity Addition in Megawatts for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Latin America Markets for Years 2003, 2008 & 2012 (includes corresponding Graph/Chart) II-104 Table 21: World Recent Past, Current & Future Analysis for Other Turbines by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Latin America Markets Independently Analyzed with New Capacity Addition in Megawatts for Years 2001 through 2010 (includes corresponding Graph/Chart) II-105 Table 22: World 10-Year Perspective for Other Turbines by Geographic Region - Percentage Breakdown of New Capacity Addition in Megawatts for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Latin America Markets for Years 2003, 2008 & 2012 (includes corresponding Graph/Chart) II-106 Table 23: World Recent Past, Current & Future Analysis for Turbines and Turbine Generator Sets by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Latin America Markets Independently Analyzed with Annual Sales in US$ Billion for Years 2001 through 2010 (includes correspondingGraph/Chart) II-107 Table 24: World Historic Review for Turbines and Turbine Generator Sets by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Latin America Markets Independently Analyzed with Annual Sales in US$ Billion for Years 1991 through 2000 (includes corresponding Graph/Chart) II-108 Table 25: World 15-Year Perspective for Turbines and Turbine Generator Sets by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Latin America Markets for Years 1995, 2006 & 2010 (includes corresponding Graph/Chart) II-109 III. MARKET 1. The United States III-1 A.Market Analysis III-1 Current & Future Analysis III-1 North American Power Generation Market III-1 Gas Turbines III-1 Table 26: Power Generation Rental Market in North America: Gas Turbines Rental Market for the Period 2000-2008 (includes corresponding Graph/Chart) III-1 Micro and Mini Turbine Market in North America III-2 Market Drivers III-2 End-User Demand III-2 Low Environmental Pollution Issues III-2 US Power Generation Market III-2 A Highly Decentralized Market III-2 Environmental Policies Guiding the Power Generation Market III-2 Table 27: Electric Power Generation in the US by Fuel Type (2004): Percentage Breakdown for Coal, Nuclear, Natural Gas, Hydroelectric, Petroleum and Other Renewables (includes corresponding Graph/Chart) III-3 US Turbines Market III-3 Table 28: Leading Players in the US Turbines Market (2004, 2005 & 2006): Percentage Breakdown of New Capacity Installations in Megawatts for GE, Siemens, Alstom and Others (includes corresponding Graph/Chart) III-3 Steam Turbines Market III-4 Table 29: Leading Players in the US Steam Turbines Market (2004 & 2005): Percentage Breakdown of New Capacity Installations in Megawatts for GE, Siemens, Alstom and Others (includes corresponding Graph/Chart) III-4 Table 30: US Steam Turbines Market (2005-2008): Annual Revenues of Capacity Additions in US$ Billion for Independent Power Producers (IPP), Utilities, and Industries (includes corresponding Graph/Chart) III-4 Natural Gas Turbines Market III-5 Table 31: Leading Players in the US Gas Turbines Market (2004, 2005 & 2006): Percentage Breakdown of New Capacity Installations in Megawatts for GE, Siemens, Alstom and Others (includes corresponding Graph/Chart) III-5 Table 32: US Gas Turbines Market (2005-2008): Annual Revenues of Capacity Additions in US$ Billion for Utilities, Independent Power Producers (IPP), and Industries (includes corresponding Graph/Chart) III-5 Wind Power Market III-6 PTC Extension Restores Market Momentum III-6 Going with the Wind III-6 Table 33: Wind Energy Capacity in the US: 2003-2006 (includes corresponding Graph/Chart) III-7 Table 34: Leading Wind Turbine Manufacturers (2005) - Percentage Breakdown of Turbine Installed Capacity for GE Energy, Vestas, Mitsubishi, and Others (includes corresponding Graph/Chart) III-7 Market Leaders - North America III-8 Table 35: Leading Large Gas Turbine Manufacturers in North America (2004) - Percentage Breakdown of Value Sales for GE, Mitsubishi Heavy Industries (MHI), Siemens, and Others (includes corresponding Graph/Chart) III-8 Table 36: Leading Large Gas Turbine Manufacturers in North America (2004) - Percentage Breakdown of Capacity Addition for GE, Mitsubishi Heavy Industries (MHI), Siemens, and Others (includes corresponding Graph/Chart) III-8 Table 37: Leading Gas Turbine (0 MW - 180 (includes corresponding Graph/Chart) III-46 European Steam Turbines Market III-46 Table 65: European Steam Turbines Market (2005-2008): Annual Revenues of Capacity Additions in US$ Billion (includes corresponding Graph/Chart) III-46 Table 66: Leading Players in the European Steam Turbines Market (2004): Percentage Breakdown of New Capacity Installations in Megawatts for Siemens, Alstom, Ansaldo Energia, GE, and Others (includes corresponding Graph/Chart) III-47 Europe - Largest Producer of Wind Energy III-47 Table 67: Leading Players in the European Wind Turbines Market (2004 & 2005): Percentage Breakdown by New Capacity Installations for Vestas, Gamesa, Enercon and Others (includes corresponding Graph/Chart) III-48 Micro and Mini Turbine Market in Europe III-48 Factors Impacting the Micro and Mini Turbines in Europe III-48 Economic Growth III-48 Fuel-Cell Alternatives III-48 High Utility Orders III-49 Demand for Power, Heating and Cooling III-49 Decreasing Gas Prices III-49 Potential Barriers III-49 High Capital Costs III-49 Short Lifespan of the Unit III-49 Development of Alternative Systems III-49 European Generator-Set Market III-49 Table 68: European Recent Past, Current & Future Analysis for Micro and Mini Turbines by Geographic Region - France, Germany, UK, Italy, Spain, Russia, and Rest of Europe Markets Independently Analyzed with Capacity in Megawatts for Years 2000 through 2010 (includes corresponding Graph/Chart) III-50 B.Market Analytics III-51 Table 69: European Recent Past, Current & Future Analysis for Turbines and Turbine Generator Sets by Geographic Region - France, Germany, UK, Italy, Spain, Russia, and Rest of Europe Markets Independently Analyzed with New Capacity Addition in Megawatts for Years 2001 through 2012 (includes corresponding Graph/Chart) III-51 Table 70: European 10-Year Perspective for Turbines and Turbine Generator Sets by Geographic Region - Percentage Breakdown of New Capacity Addition in Megawatts for France, Germany, UK, Italy, Spain, Russia and Rest of Europe Markets for Years 2003, 2008 & 2012 (includes corresponding Graph/Chart) III-52 Table 71: European Recent Past, Current & Future Analysis for Turbines and Turbine Generator Sets by Product Segment - Hydraulic Turbines, Steam Turbines, Gas Turbines, Wind Turbines and Others Independently Analyzed with New Capacity Addition in Megawatts for Years 2001 through 2012(includes corresponding Graph/Chart) III-53 Table 72: European 10-Year Perspective for Turbines and Turbine Generator Sets by Product Segment - Percentage Breakdown of New Capacity Addition in Megawatts for Hydraulic Turbines, Steam Turbines, Gas Turbines, Wind Turbines and Others for Years 2003, 2008 & 2012(includes corresponding Graph/Chart) III-53 4a. France III-54 A.Market Analysis III-54 Current & Future Analysis III-54 Table 73: Leading Wind Turbine Manufacturers (2005) - Percentage Breakdown of Turbine Installed Capacity for GE Wind Energy, Vestas, Enercon, REpower, Jeumont, and Others (includes corresponding Graph/Chart) III-54 Strategic Corporate Developments III-54 Select Players III-56 Alstom III-56 Jeumont Electric III-57 B.Market Analytics III-57 Table 74: French Recent Past, Current & Future Analysis for Turbines and Turbine Generator Sets by Product Segment - Hydraulic Turbines, Steam Turbines, Gas Turbines, Wind Turbines and Others Independently Analyzed with New Capacity Addition in Megawatts for Years 2001 through 2012 (includes corresponding Graph/Chart) III-57 Table 75: French 10-Year Perspective for Turbines and Turbine Generator Sets by Product Segment - Percentage Breakdown of New Capacity Addition in Megawatts for Hydraulic Turbines, Steam Turbines, Gas Turbines, Wind Turbines and Others for Years 2003, 2008 & 2012 (includes corresponding Graph/Chart) III-58 4b. Germany III-59 A.Market Analysis III-59 Current & Future Analysis III-59 Competitive Scenario III-59 Table 76: Leading Players in the German Wind Energy Equipment Market (2004): Percentage Breakdown for Enercon, Vestas, AN Windenergie and Others (includes corresponding Graph/Chart) III-59 Table 77: Leading Wind Turbines Manufacturers by Turbine Installed Capacity (2005) - Percentage Breakdown for Enercon, Vestas, GE Energy, Nordex, REpower Systems, and Others (includes corresponding Graph/Chart) III-59 Product Launch III-60 Strategic Corporate Developments III-60 Select Players III-63 Nordex Aktiengesellschaft III-63 REpower Systems AG III-63 Siemens AG III-63 B.Market Analytics III-64 Table 78: German Recent Past, Current & Future Analysis for Turbines and Turbine Generator Sets by Product Segment - Hydraulic Turbines, Steam Turbines, Gas Turbines, Wind Turbines and Others Independently Analyzed with New Capacity Addition in Megawatts for Years 2001 through 2012 (includes corresponding Graph/Chart) III-64 Table 79: German 10-Year Perspective for Turbines and Turbine Generator Sets by Product Segment - Percentage Breakdown of New Capacity Addition in Megawatts for Hydraulic Turbines, Steam Turbines, Gas Turbines, Wind Turbines and Others for Years 2003, 2008 & 2012 (includes corresponding Graph/Chart) III-65 4c. The United Kingdom III-66 A.Market Analysis III-66 Current & Future Analysis III-66 Leading Market for Wind Energy III-66 Table 80: Wind Energy Capacity in the UK: 2003-2006 (In Megawatts) (includes corresponding Graph/Chart) III-66 A Promising Future for Wind Turbine Industry III-66 Strategic Corporate Developments III-67 Rolls Royce Plc - A Major Player III-69 B.Market Analytics III-70 Table 81: UK Recent Past, Current & Future Analysis for Turbines and Turbine Generator Sets by Product Segment - Hydraulic Turbines, Steam Turbines, Gas Turbines, Wind Turbines and Others Independently Analyzed with New Capacity Addition in Megawatts for Years 2001 through 2012 (includes corresponding Graph/Chart) III-70 Table 82: UK 10-Year Perspective for Turbines and Turbine Generator Sets by Product Segment - Percentage Breakdown of New Capacity Addition in Megawatts for Hydraulic Turbines, Steam Turbines, Gas Turbines, Wind Turbines and Others for Years 2003, 2008 & 2012 (includes corresponding Graph/Chart) III-70 4d. Italy III-71 A.Market Analysis III-71 Current & Future Analysis III-71 An Overview of the Italian Wind Energy Market III-71 Table 83: Leading Energy Producers in the Italian Wind Energy Market (2004 & 2005): Percentage Breakdown for IVPC 4, Enel GreenPower and Others (includes corresponding Graph/Chart) III-71 Table 84: Leading Wind Turbine Manufacturers (2004) - Percentage Breakdown of Turbine Installed Capacity for Vestas, Enercon, Gamesa, GE Energy, Siemens, and Others (includes corresponding Graph/Chart) III-72 Strategic Corporate Developments III-72 Ansaldo Energia Spa - A Major Player III-75 B.Market Analytics III-75 Table 85: Italian Recent Past, Current & Future Analysis for Turbines and Turbine Generator Sets by Product Segment - Hydraulic Turbines, Steam Turbines, Gas Turbines, Wind Turbines and Others Independently Analyzed with New Capacity Addition in Megawatts for Years 2001 through 2012 (includes corresponding Graph/Chart) III-75 Table 86: Italian 10-Year Perspective for Turbines and Turbine Generator Sets by Product Segment - Percentage Breakdown of New Capacity Addition in Megawatts for Hydraulic Turbines, Steam Turbines, Gas Turbines, Wind Turbines and Others for Years 2003, 2008 & 2012 (includes corresponding Graph/Chart) III-76 4e. Spain III-77 A.Market Analysis III-77 Current & Future Analysis III-77 A Brief Overview of the Spanish Wind Energy Market III-77 Table 87: Leading Manufacturers in the Spanish Wind Turbine Market (2004 & 2005): Percentage Breakdown of New Capacity Installations in Megawatts for Gamesa Eólica, GE Wind and Others (includes corresponding Graph/Chart) III-78 Table 88: Leading Operators in the Spanish Wind Farm Market (2004 & 2005): Percentage Breakdown of Installed Capacity in Megawatts for Iberdrola, EHN, Endesa, Gamesa Energia, and Others (includes corresponding Graph/Chart) III-78 Combined-Cycle Market in Spain III-79 Strategic Corporate Developments III-79 G amesa Eólica - A Major Player III-83 B.Market Analytics III-84 Table 89: Spanish Recent Past, Current & Future Analysis for Turbines and Turbine Generator Sets by Product Segment - Hydraulic Turbines, Steam Turbines, Gas Turbines, Wind Turbines and Others Independently Analyzed with New Capacity Addition in Megawatts for Years 2001 through 2012 (includes corresponding Graph/Chart) III-84 Table 90: Spanish 10-Year Perspective for Turbines and Turbine Generator Sets by Product Segment - Percentage Breakdown of New Capacity Addition in Megawatts for Hydraulic Turbines, Steam Turbines, Gas Turbines, Wind Turbines and Others for Years 2003, 2008 & 2012 (includes corresponding Graph/Chart) III-85 4f. Russia III-86 A.Market Analysis III-86 Current & Future Analysis III-86 Strategic Corporate Developments III-86 B.Market Analytics III-88 Table 91: Russian Recent Past, Current & Future Analysis for Turbines and Turbine Generator Sets by Product Segment - Hydraulic Turbines, Steam Turbines, Gas Turbines, Wind Turbines and Others Independently Analyzed with New Capacity Addition in Megawatts for Years 2001 through 2012 (includes corresponding Graph/Chart) III-88 Table 92: Russian 10-Year Perspective for Turbines and Turbine Generator Sets by Product Segment - Percentage Breakdown of New Capacity Addition in Megawatts for Hydraulic Turbines, Steam Turbines, Gas Turbines, Wind Turbines and Others for Years 2003, 2008 & 2012 (includes corresponding Graph/Chart) III-89 4g. Rest of Europe III-90 A.Market Analysis III-90 Current & Future Analysis III-90 Denmark III-90 Portugal III-90 Table 93: Leading Wind Turbine Manufacturers in Portugal (2005) - Percentage Breakdown of Turbine Installed Capacity for Enercon, Vestas, Nordex GE Wind, and Others (includes corresponding Graph/Chart) III-90 Austria III-91 Table 94: Leading Wind Turbine Manufacturers in Austria (2005) - Percentage Breakdown of Turbine Installed Capacity for Enercon, Vestas, De Wind and GE Wind Energy (includes corresponding Graph/Chart) III-91 Strategic Corporate Developments III-91 Select Players III-100 ABB (Switzerland) III-100 Suzlon Energy Limited (Netherlands) III-101 Vestas Wind Systems (Denmark) III-101 B.Market Analytics III-101 Table 95: Rest of Europe Recent Past, Current & Future Analysis for Turbines and Turbine Generator Sets by Product Segment - Hydraulic Turbines, Steam Turbines, Gas Turbines, Wind Turbines and Others Independently Analyzed with New Capacity Addition in Megawatts for Years 2001 through 2012 (includes corresponding Graph/Chart) III-101 Table 96: Rest of Europe 10-Year Perspective for Turbines and Turbine Generator Sets by Product Segment - Percentage Breakdown of New Capacity Addition in Megawatts for Hydraulic Turbines, Steam Turbines, Gas Turbines, Wind Turbines and Others for Years 1993, 2008 & 2012 (includes corresponding Graph/Chart) III-102 5. Asia-Pacific III-103 A.Market Analysis III-103 Current & Future Analysis III-103 Table 97: Leading Players in the Asia-Pacific Turbines Market (2004 & 2005): Percentage Breakdown of New Capacity Installations in Megawatts for Alstom, GE, Siemens and Others (includes corresponding Graph/Chart) III-103 Table 98: Leading Players in the Asia-Pacific Gas Turbines Market (2004 & 2005): Percentage Breakdown by New Capacity Installations for GE, Siemens, Alstom and Others (includes corresponding Graph/Chart) III-103 Table 99: Southeast Asian Cogeneration Steam Turbines Market (2001-2006): Percentage Breakdown of New Capacity Installations in Megawatts for Turbine Range -5 to 100, and >100 (includes corresponding Graph/Chart) III-104 Leading Regional Players III-104 Table 100: Leading Wind Turbine Manufacturers in India (2005) - Percentage Breakdown of Turbine Installed Capacity for Suzlon, Vestas, Enercon, and Others (includes corresponding Graph/Chart) III-104 Table 101: Leading Cogeneration Steam Turbine Manufacturers in Malaysia (2005) - Percentage Breakdown of Value Sales for Mitsubishi Heavy Industries (MHI), Siemens, Alstom, and Others (includes corresponding Graph/Chart) III-104 Table 102: Leading Cogeneration Steam Turbine Manufacturers in Indonesia (2005) - Percentage Breakdown of Value Sales for Mitsubishi Heavy Industries (MHI), Siemens, Alstom, Toshiba, and Others (includes corresponding Graph/Chart) III-105 Table 103: Leading Cogeneration Steam Turbine Manufacturers in Thailand (2005) - Percentage Breakdown of Value Sales for Shin Nippon, Shanghai Turbine, and Others (includes corresponding Graph/Chart) III-105 Table 104: Leading Cogeneration Steam Turbine Manufacturers in Vietnam (2005) - Percentage Breakdown of Value Sales for Mitsubishi Heavy Industries (MHI), Shin Nippon, Shanghai Turbine, and Others (includes corresponding Graph/Chart) III-105 Table 105: Leading Cogeneration Steam Turbine Manufacturers in Singapore (2005) - Percentage Breakdown of Value Sales for Mitsubishi Heavy Industries (MHI), Siemens, Alstom, and Others (includes corresponding Graph/Chart) III-106 China III-106 Wind Power - A Promising Alternative III-106 Key Measures for Developing Wind Energy III-107 Wind Turbines in China - To Create Revolution III-107 Table 106: Leading Manufacturers in the Chinese Steam Turbines Market (2004 & 2005): Percentage Breakdown of New Capacity Installations in Megawatts for Shanghai Turbine, Dongfang Turbine, Harbin Turbine, Alstom, Toshiba and Others (includes corresponding Graph/Chart) III-108 Table 107: Leading Players in the Chinese Turbine Generators Market (2004) - Percentage Breakdown for Shanghai Electric, Dongfang, Harbin, and Others (includes corresponding Graph/Chart) III-108 Table 108: Leading Players in the Chinese Wind Turbines Market (2004) - Percentage Breakdown of Installed Capacity for Vestas, Gamesa, Gold Wind, Nordex, and Others (includes corresponding Graph/Chart) III-108 Table 109: Chinese Wind Turbines Market (2003-2005) in US$ Million (includes corresponding Graph/Chart) III-109 Table 110: Chinese Steam Turbines Imports (2004-2006) in US$ Million III-109 Production Scenario III-109 Factors Affecting the Wind Market III-109 Product Launches/Developments III-110 Strategic Corporate Developments III-110 Select Players III-124 Bharat Heavy Electricals Limited (India) III-124 Dongfang Turbine Co., Ltd. (China) III-125 Enercon India Ltd. (India) III-125 Goldwind Science & Technology Co., Ltd. (China) III-125 Harbin Turbine Co., Ltd. (China) III-126 Shanghai Electric Group Co., Ltd. (China) III-126 B.Market Analytics III-126 Table 111: Asia-Pacific Recent Past, Current & Future Analysis for Turbines and Turbine Generator Sets by Product Segment - Hydraulic Turbines, Steam Turbines, Gas Turbines, Wind Turbines and Others Independently Analyzed with New Capacity Addition in Megawatts for Years 2001 through 2012 (includes corresponding Graph/Chart) III-126 Table 112: Asia-Pacific 10-Year Perspective for Turbines and Turbine Generator Sets by Product Segment - Percentage Breakdown of New Capacity Addition in Megawatts for Hydraulic Turbines, Steam Turbines,Gas Turbines, Wind Turbines and Others for Years 2003, 2008 & 2012 (includes corresponding Graph/Chart) III-127 6. The Middle East III-128 A.Market Analysis III-128 Current & Future Analysis III-128 Micro and Mini Turbine Market - “Hot ‘n’ Happening III-128 Table 113: Leading Countries in Middle East Steam Turbines Market (2004, 2005 & 2006) - Percentage Breakdown of Capacity Addition in MW for Iran, UAE, Saudi Arabia, and Rest of Middle East (includes corresponding Graph/Chart) III-128 Table 114: Middle East Steam Turbines Market (2005-2008): Annual Revenues of Capacity Additions in US$ Billion (includes corresponding Graph/Chart) III-129 Table 115: Leading Countries in Middle East Gas Turbines Market (2004, 2005 & 2006) - Percentage Breakdown of Capacity Addition in MW for Iran, Saudi Arabia, UAE, and Rest of Middle East (includes corresponding Graph/Chart) III-129 Table 116: Leading Gas Turbine Manufacturers in Middle East & North Africa (2004) - Percentage Breakdown of Capacity Addition for Siemens AG, GE, Ansaldo Energia Spa, Alstom, and Others (includes corresponding Graph/Chart) III-130 Table 117: Middle East Gas Turbines Market (2005-2008): Annual Revenues of Capacity Additions in US$ Billion (includes corresponding Graph/Chart) III-130 Strategic Corporate Developments III-130 B.Market Analytics III-133 Table 118: Middle East Recent Past, Current & Future Analysis for Turbines and Turbine Generator Sets by Product Segment - Hydraulic Turbines, Steam Turbines, Gas Turbines, Wind Turbines and Others Independently Analyzed with New Capacity Addition in Megawatts for Years 2001 through 2012 (includes corresponding Graph/Chart) III-133 Table 119: Middle East 10-Year Perspective for Turbines and Turbine Generator Sets by Product Segment - Percentage Breakdown of New Capacity Addition in Megawatts for Hydraulic Turbines, Steam Turbines, Gas Turbines, Wind Turbines and Others for Years 2003, 2008 & 2012 (includes corresponding Graph/Chart) III-134 7. Latin America III-135 A.Market Analysis III-135 Current & Future Analysis III-135 Latin American Power Industry - An Overview III-135 An Overview of Wind Energy Market in Latin America III-135 Strategic Corporate Developments III-136 B.Market Analytics III-139 Table 120: Latin America Recent Past, Current & Future Analysis for Turbines and Turbine Generator Sets by Product Segment - Hydraulic Turbines, Steam Turbines, Gas Turbines, Wind Turbines and Others Independently Analyzed with New Capacity Addition in Megawatts for Years 2001 through 2012 (includes corresponding Graph/Chart) III-139 Table 121: Latin America 10-Year Perspective for Turbines mand Turbine Generator Sets by Product Segment - Percentage Breakdown of New Capacity Addition in Megawatts for Hydraulic Turbines, Steam Turbines, Gas Turbines, Wind Turbines and Others for Years 2003, 2008 & 2012 (includes corresponding Graph/Chart) III-139 IV. COMPETITIVE LANDSCAPE

Companies Mentioned

- ABB AS (Norway) - ABB Automation (France) - ABB Drives And Motors (USA) - ABB Limited (Switzerland) - ABB Limited (UK) - Acciona Energía (Spain) - Acciona Windpower (Spain) - Advanced Energy Systems Ltd (Australia) - Aerodyn AB (Sweden) - AES Corporation (USA) - Agile Turbine Technology LLC (USA) - Aker Kvaerner ASA (Norway) - Alstom (France) - Alstom Belgium Power NV (Belgium) - Alstom Finland Oy (Finland) - Alstom Hrvatska doo (Croatia) - Alstom Norway AS (Norway) - Alstom Portugal SA (Portugal) - Alstom Power (Steam Turbines) (UK) - Alstom Power AG (Germany) - Alstom Power Austria GmbH (Austria) - Alstom Power Environment SA (Spain) - Alstom Power Generation (USA) - Alstom Power India Ltd (India) - Alstom Power Sp zoo (Poland) - Alstom South Africa Pty, Ltd (South Africa) - Ampliflaire (UK) - AN Windenergie (Germany) - Andritz AG (Austria) - Andritz VA Tech Hydro (Austria) - Ansaldo Energia SpA (Italy) - Avio Group SpA (Italy) - B Maier Wasserkraft GmbH (Germany) - B+V Industrietechnik GmbH (Germany) - Balino SA (Spain) - Beijing Steam Turbine Generator Co, Ltd (China) - Bharat Heavy Electricals Limited (India) - Blue Energy Systems (Canada) - BTEC Turbines LP (USA) - Calder AG (Switzerland) - Camar Corporation (USA) - Capstone Turbine Corporation (USA) - Cargo & Kraft Turbin AB (Sweden) - Caromet (Romania) - Castec Co, Ltd (Korea) - Caterpillar, Inc (USA) - Centrax Ltd (UK) - Cielo Wind Power (USA) - CINK Hydro - Energy Sro (Czech Republic) - CKD Blansko Engineering AS (Czech Republic) - Complex (Ukraine) - Cullum Detuners Ltd (UK) - Cummins Power Generation (USA) - Delta Project SA (Greece) - Dewind Technik (Germany) - Dongfang Steam Turbine Works Co, Ltd (China) - Dresser Rand SA (France) - Dresser-Rand A/S (Norway) - Dresser-Rand GmbH (Germany) - Dresser-Rand Group, Inc (USA) - Duro Felguera SA (Spain) - E B Mcdonald Ltd (New Zealand) - Ebara Corporation (Japan) - Ecotecnia (Spain) - EEI Srl (Equipaggiamenti Elettronici Industriali) (Italy) - EKOL Spol Sro (Czech Republic) - Elliott Company (USA) - Enel GreenPower (Italy) - Enercon GmbH (Germany) - Energomash Corporation (Russia) - Essar Wind Power Pvt, Ltd (India) - Esscano Power Services Ltd (UK) - ETS Viry (France) - Exmont-Energo AS (Czech Republic) - Fincantieri - Cantieri Navali Italiani SpA (Italy) - Fin-Mac Engineering (UK) - Gamesa Corporacion Tecnologica SA (Spain) - Ganz Energetika Ltd (Hungary) - Gas Turbine Efficiency PLC (Sweden) - Gas Turbine Efficiency Russia LLC (Russia) - GE Energy (Finland) Oy (Finland) - GE Energy (Norway) AS (Norway) - GE Energy (USA) - GE Nuovo Pignone (Italy) - GE Oil & Gas - Nuovo Pignone (USA) - GE Oil & Gas Nuovo Pignone (UAE) - GE Power Systems (USA) - GE Wind Energy (USA) - GE-Energy Products France Snc (France) - General Electric Company (USA) - General Turbo SA (Romania) - Germany) - Gilbert Gilkes & Gordon Ltd (UK) - Goldwind Science & Technology Co, Ltd (China) - Green Power Engineering Corporation (Taiwan) - Grimes Industrial Machinery & Equipment Ltd (UK) - Gugler Water Turbines GmbH (Austria) - Harbin Power Station Equipment Group (China) - Harbin Turbine Co, Ltd (China) - Hardtech Group SL (Spain) - Hindustan Aeronautics Ltd (India) - Hitachi Ltd (Japan) - Hitachi Power Europe GmbH (Germany) - HSI Turbinenstahlbau Dresden-Übigau GmbH (Germany) - Hydrohrom Sro (Czech Republic) - Hydrowatt Wasserkraft- Energiegewinnungsanlagen GmbH ( - ICG Industrial Controls Group (France) - Industria De Turbo Propulsores SA (ITP) (Spain) - Ingersoll Rand Energy Systems (USA) - IREM SpA (Italy) - Ishikawajima-Harima Heavy Industries Co, Ltd (Japan) - Iskra Wind Turbines Ltd (UK) - Italian Vento Power Corporation (Italy) - Jain Rotodyne Pvt, Ltd (India) - John Brown Engineering Gas Turbines Ltd (UK) - Kaluga Turbine Works (Russia) - Kalujsky Dvigatel (Russia) - Kawasaki Gas Turbines (USA) - Kawasaki Heavy Industries (Europe) (The Netherlands) - Kawasaki Heavy Industries Ltd (Japan) - Kelair Pumps Australia Pty, Ltd (Australia) - Labinal SA (France) - Lancaster GTB Systems Ltd (UK) - Litostroj EI DOO (Slovenia) - MAN Turbomacchine Srl (Italy) - MAN Turbomachines SAS France (France) - MAN Turbomaschinen AG (Germany) - Mapna Turbine Engineering & Mfg Co, (Tuga) PJS (Iran) - Mavel AS (Czech Republic) - MCE Voest GesmbH & Co Andlinger Gruppe (Austria) - Mecamidi (France) - Microturbo Ltd (UK) - Mitsubishi Heavy Industries, Ltd (Japan) - Mitsubishi Power Systems, Inc (MPS) (USA) - Mitsui Engineering & Shipbuilding Co, Ltd (Japan) - Moog Singapore Pte, Ltd (Singapore) - Motorostroitel (Russia) - MTU Maintenance Berlin-Brandenburg GmbH (Germany) - Mykolayiv Zorya-Mashproekt Gas Turbine Manufacturing - NBT AS (Norway) - NHT Engineering Ltd (UK) - Niigata Power Systems Co, Ltd (Japan) - Nordex AG (Germany) - NPO Saturn (Russia) - Orenda Turbines (Canada) - Osborne Engineering Ltd (UK) - Ossberger GmbH + Co (Germany) - PBS Energo AS (Czech Republic) - Peter Brotherhood Ltd (UK) - Power Machines Group (Russia) - Powertherm Engg Pvt, Ltd (India) - Pratt & Whitney Canada Corporation (Canada) - Pratt & Whitney Corporation (USA) - Prvni Brnenska Strojirna Velka Bites AS (Czech Republic) - Qingdao Jieneng Steam Turbine Co, Ltd (China) - REpower North (China) Ltd (China) - REpower Systems AG (Germany) - Rolls-Royce Australia Ltd (Australia) - Rolls-Royce Energy Systems, Inc (USA) - Rolls-Royce Fuel Cell Systems Limited / Rolls Royce PLC - Rolls-Royce Marine AS (Norway) - Rybinskie Motory (Russia) - S&S Energy Products (USA) - Seko EDM AS (Czech Republic) - SERHY (France) - Shanghai Electric Group Corporation (China) - Shanghai Turbine Works (China) - Shin Nippon Machinery Co, Ltd (Japan) - Sichuan Chengfa Aero Science And Technology Co, Ltd - Siemens AG (Germany) - Siemens Industrial Turbomachinery AB (Sweden) - Siemens Ireland (Ireland) - Siemens Ltd (China) - Siemens Nederland NV (The Netherlands) - Siemens Power Generation (USA) - SJE Engineering Ltd (UK) - Skoda Power Sro (Czech Republic) - Small Turbine Partner AS - STP (Norway) - Solar Turbines (USA) - Solar Turbines Europe SA (Belgium) - Sri Chakravarthi & Company (India) - Strojirny Brno AS (Czech Republic) - Sumitomo Heavy Industries Ltd (Japan) - Suncor Energy, Inc (Canada) - Suzlon Energy Limited (India) - Tamanini Augusto Snc (Italy) - Techni Pumpe Service (TPS) (France) - Techniques Hydroelectriques (THEE) (France) - TF Energisystem (Sweden) - The James Leffel & Company (USA) - Thermodyn (France) - Toshiba Corporation (Japan) - Toshiba International Corporation (Australia) - Toshiba International Ltd (UK) - Toshiba Power Systems & Services (Japan) - Toyota Tsusho Corporation (Japan) - Triveni Engineering & Industries Ltd (India) - Turab Turbin & Regulatorservice AB (Sweden) - Turbinenbau Troyer Srl (Italy) - Turbo Tech Precision Engineering Pvt, Ltd (India) - Turbocam Europe Ltd (UK) - Turbomach SA (Spain) - Turbomach SA (Switzerland) - Turbomeca (France) - Turbomecanica (Romania) - Tuthill Corporation (USA) - Tuthill Nadrowski Turbinen GmbH (Germany) - United Technologies Corporation (USA) - Ural Turbine Works CJSC (Russia) - Vaptsarov JSC (Bulgaria) - Vericor Power Systems (USA) - Vestas Germany / Vestas Deutschland GmbH (Germany) - Vestas Italia Srl (Italy) - Vestas Wind Systems AS (Denmark) - Vestas Wind Technology India Private Limited (India) - Voith Siemens Hydro Power Generation (France) - Voith Siemens Hydro Power Generation GmbH & Co, KG - Voith Siemens Hydro Power Generation Ltda (Brazil) - Voith Siemens Hydro Power Generation, Inc (USA) - Volvo Aero Corporation (Sweden) - Wärtsilä Netherland BV (The Netherlands) - Water Pumps WP Oy (Finland) - Windsave Ltd (UK) - Zhejiang Jinlun Electromechanical Company Limited (China)