Vestas nets record deal in Norway – The Post

Vestas nets record deal in Norway

1 GW order underlines strong February for the wind turbine producer

Only the sky seems to be the limit for Vestas at the moment (photo: iStock)
February 24th, 2016 10:30 am| by Christian W

The Danish wind turbine giant Vestas has been awarded its ever largest deal – a 1 GW order from the joint venture company Fosen Vind DA.

The deal involves the delivery of 30 V112-3.45 MW turbines and 248 V117-3.45 MW turbines to six Norwegian wind power plants for a total capacity of 1,001 MW.

“The order affirms the competitiveness of Vestas’s wind power solutions, and that wind power provides an attractive long-term energy investment that goes well beyond its climate and sustainability benefits,” said Klaus Steen Mortensen, the head of Vestas Northern Europe.

“Investing in wind power simply makes economic sense.”

Fosen Vind DA is a joint venture company owned by Statkraft, TrønderEnergi and the European investor consortium Nordic Wind Power DA consisting of Credit Suisse Energy Infrastructure Partners and Swiss utility BKW.

The contract includes the delivery, installation and a 22-year service agreement. The first turbines are expected to take place during 2018 and the last by the end of 2020.

READ MORE: Vestas announces another strong annual result

US and Belgium
And there was more good news from the US for Vestas in a month during which the company announced record revenue for 2015.

The company notched a 200 MW agreement for 100 V110-2.0 MW turbines for an undisclosed customer in the US that is expected to be commissioned by the end of 2016.

Finally, Vestas was also chosen as the preferred supplier for the 370 MW Norther project in Belgium regarding the delivery of the V164-8.0 MW turbine.