October 15, 2008

 BLUE H PRESS RELEASE

Blue H France SAS created  

 Brest, October 15, 2008 – The Dutch group Blue H Technologies BV has created BLUE H France on September 26, 2008. Based in Brittany, this subsidiary will develop a prototype of deep water offshore wind turbine to benefit from stronger, more regular winds, to overcome frequent objections to near offshore wind farms and to address the fundamental problem of the wind energy industry today, that of being able to to deploy larger and larger turbines.

Wind turbines located further offshore than traditional offshore wind farms

After having launched a first floating 80 kW wind turbine offshore southern Italy end of 2007, Blue H now wants to build a full size 3.5 MW prototype in Brittany. It will be a Diwet unit (Deepwater Innovative Wind Energy Technology), based on the TLP (Tension Leg Platform) concept, adapted by Blue H. With this technology of anchored platform, structures are lighter, easier to install and can be located further offshore than traditional offshore wind farms.

The Breton environment has been decisive for the siting of the French operation

• the wind resource, the profile of the coast and the local energy needs offer a very good potential

• the abilities of the companies of Bretagne Pôle Naval and the Breton know-how in racing boats are an excellent fit for the offshore wind energy industry

• the existence and actions of the Pôle Mer Bretagne are important for our research and development projects

• the works and the highlighting of these assets by Bretagne International, as well as the Agence Économique de Bretagne and the other partners have drawn our attention to the Brittany area.

Eight partners in Western France

The international strategy of the group includes the completion of ambitious projects through local ventures and collaborative structures. Blue H France has thus established a partnership with businesses and research units in Western France to design, build and install the Diwet prototype in Brittany:

• Timolor and Lorima in Lorient

• Actimar, the Institute of Corrosion and the University of Western Brittany in Brest

• Astrium in Bordeaux

• The École Centrale de Nantes and the CETIM (Centre Technique des Industries Mécaniques) in Nantes

The application for the project has been made recently at the Pôle Mer Bretagne.

Major prospects

In view of the major prospects for the deep water offshore wind market, this project has some great assets, including:

• Diversification of local industries in a booming global market (the wind market has grown by over 25 % a year for several years)

• 50 000 work hours will be needed to build the prototype by the local industry (the offshore wind industry generates 15 to 19 jobs per installed MW - EWEA)

• Contribution to the goals of the Breton energy plan (including 20 % of renewable energy and 30 % local production in 2020) and national goals for renewable energy and greenhouse gas emissions

Press Releases

October 05, 2009 - Blue H USA announces it application to the US Army Corps of Engineers for a deepwater offshore wind platform

July 07, 2009 - Blue H selected for private placement by Succès Europe

March 12, 2009 - Blue H Prepares for Authorization of the World's First Deepwater Wind Farm

February 24, 2009 - Blue H's Project GEOMA selected by Italian Government

January 14, 2009 - Project Deepwater Turbine

January 13, 2009 - Energy Technologies Institute Unveils First Projects to benefit from £1.1 Billion Initiative

October 23, 2008 - Consortium Northwester Applied for Offshore Wind Concession

October 15, 2008 - Blue H France SAS Created

July 3, 2008 - Blue H USA Massachusetts Congressional Delegation Letter of Support

March 10, 2008 3, 2008 - Blue H USA Submits Nomination For Lease

December 6, 2007 - Blue H Launches World's First Floating Wind Turbine

December 6, 2007 - Technical Note