REpower Systems AG and SE Drive Technik GmbH, a subsidiary of REpower's major shareholder, SUZLON Energy Ltd., founded the joint venture "Renewable Energy Technology Center GmbH" (RETC) in Hamburg, in which each firm holds a 50% stake.
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Alongside the two technical core activities, product development and technical services, carried out by both companies independently of one another, a globally operating centre is to be created. This would act as a third pillar, where the fields of research, innovation, training, validation and technical processes will become focus points. As part of RETC, an academy offering technical training and qualification schemes is also due to be established from the very start, initially on the basis of collaborations with universities. In the medium term this is to be supplemented with own training courses.
