Senvion's 3.4M104 turbine. Source: Senvion SE 2014. License: All rights reserved.
The joint venture between private equity firm Actis and Ireland’s Mainstream Renewable Power has ordered from Senvion SA (FRA:SEN) 93 turbines for two wind projects in Chile totalling 300 MW, the German company said today.
Senvion will supply 50 of its 3.4M114 turbines for the 170-MW Sarco project in the Atacama region of Northern Chile. Also, it will deliver 43 units of the 3.0M122 model for the 129-MW Aurora project in the Los Lagos region, the southern part of Chile.
Both wind parks are expected to enter service during the spring of 2017. Together, they will have the capacity to produce enough power for around 196,000 households in total.
"These projects were awarded under a competitive tendering programme last year in which wind energy prices came in below fossil fuel prices, clearly demonstrating once again that renewable energy is cheaper than fossil fuel generation,” said Eddie O'Connor, CEO of Mainstream.
The two turbine supply deals with the Aela Energia JV are still under conditions precedent. Their value was not given.