Vestas secures two orders in Asia

Confirmation follows order for 21 wind turbines in the Philippines

May 2, 2014

The Danish wind turbine giant Vestas has signed off on two agreements in the Philippines and South Korea, according to a press release.

Vestas received an order for the supply of 18 wind turbines for the Yeong Yang Wind Farm project in South Korea that will further strengthen its position in the South Korean market.

"Vestas is delighted to be chosen as the wind energy solution provider for the Yeong Yang project, which is one of South Korea’s most promising sites,” Chris Beaufait, the Vestas Asia Pacific & China head, said in a press release.

“This order demonstrates the technical advantages of the V112-3.3 MW turbine and gives a strong endorsement of Vestas’s excellent service capability in the Korean wind market.”

Philippines calling
The deal, which also includes a ten-year all-entailed service agreement, means that since 1998, Vestas has installed 104 wind turbines in South Korea – a performance that make it the market leader in terms of installations.

Elsewhere, Vestas also acquired an order from EDC Burgos Wind Power for 21 wind turbines in the Philippines, which also includes a 10-year service agreement.

The delivery of the wind turbines will commence during the second financial quarter of 2014.

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