Vestas Bags Turbine Orders Worth 367 MW in Russia and China

Vestas has announced that it has received multiple orders from Russia and China for wind turbines worth 367 MW for various projects.

Vestas, the leading global supplier of wind turbines, has announced that it has received multiple orders from Russia and China for wind turbines worth 367 MW for various projects.

The first order the firm has received is for five wind energy projects in Russia from WEDF (Wind Energy Development Fund), a joint investment fund created on a parity basis by PJSC Fortum and JSC RUSNANO. With this fifth-order worth a combined 226 MW for the five projects from its framework agreement with RUSNANO and Fortum to supply wind energy solutions in Russia, Vestas has increased its footprint in the country to a total capacity of almost 830 MW, underlining the company’s leading position in the growing Russian renewable sector.

Located in the Rostov and Astrakhan region, the projects will consist of V126-4.2 MW wind turbines with 87m towers and long-term Active Output Management (AOM 5000) service contracts, offering competitive levelised cost of energy.

“We are excited to continue our valued collaboration with RUSNANO and Fortum for these wind energy projects, which demonstrate once again Vestas’ ability to offer wind energy solutions and services with the market-leading cost of energy, that create maximum value for our customers,” said Nils de Baar, President of Vestas Northern & Central Europe. “This order underlines how we, together with our local partners, continue to strengthen the renewable energy sector in Russia.”

Deliveries are expected to begin in the second quarter of 2021 and commissioning start is planned for the third quarter of 2021.

The second order is from China Three Gorge Renewables (CTG Renewables), one of China’s biggest renewable energy developers, for the 50 MW project Juye I in Heze, Shandong province in China. Deliveries are expected to begin in the fourth quarter of 2020, with commissioning planned for the same quarter.

The two remaining orders have been received for the supply of 50 MW and 41 MW worth of wind turbines for projects in China. Deliveries are expected to begin in the fourth quarter of 2020, with commissioning planned for the same quarter in the case of both the projects.

According to a new report by the Global Wind Energy Council (GWEC), Vestas continued to hold on to its place as top supplier in 2019, accounting for 18 percent of all wind turbines installed in 2019, thanks to its global diversification strategy with installations in more than 40 countries.