Scholarship transfer to TUHH: REpower today honours best in year in electrical engineering

Hamburg, 11 July 2008. REpower Systems AG honours the ten best students on the electrical engineering bachelor course at the Hamburg University of Technology (TUHH) for the first time as part of the scholarship programme. The Hamburg-based wind turbine manufacturer assumes the study fees in retrospect and awards each prize winner with EUR 500. Over the coming years REpower will be providing EUR 5,000 per semester and student year in promoting new talents; in 2010, the level of sponsorship will amount to EUR 30,000 for all academic years of the six-semester course.

REpower initiated the scholarship programme last autumn to promote new scientific and engineering talents, particularly in Hamburg – the site of the company’s headquarters. The ten prospective electrical engineers on the bachelor course (reorganised in October 2007) who today received an award from REpower CEO Per Hornung Pedersen in the Audimax II of the Hamburg University of Technology, are now in their second semester. The students’ average grade was determined after evaluating the winter semester 2007/08 examination results. All ten scholarship recipients finished the semester with an average grade of between 1.07 and 2.0.

Professor Edwin Kreuzer, President of the Hamburg University of Technology, thanked REpower: “We are extremely pleased that the exceptional quality of our students is being awarded materially in this manner. This kind of sponsorship is especially meaningful in view of the student fees. The REpower scholarship is an incentive for electrical engineering students to perform well right in the first semester, meaning everyone has a chance of attaining this sponsorship.”

Per Hornung Pedersen, CEO of REpower Systems AG, congratulated those receiving the scholarships in his speech and referred to the significance of new talents: “To ensure that German companies stand for engineering and technology leadership, we must invest strongly in new talents. I believe that companies themselves carry a large part of the responsibility to find tomorrow’s innovative talents. We hope, then, that others will follow our lead in our commitment to do so.”

All students on the electrical engineering bachelor’s degree course are automatically entered into the selection procedure for the REpower scholarship. Precondition is that the student has attended all lectures according on the timetable and is sitting the respective examinations for the first time.