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Siemens bags turbine order for 402-MW wind park off UK

(SeeNews) - Aug 21, 2014 - Siemens AG (ETR:SIE) said today its energy division will supply the turbines that will make up the 402-MW Dudgeon wind farm in UK waters under a roughly GBP-500-million (USD 829m/EUR 625m) order.

The contract was awarded to the German electrical engineering group by Norwegian utilities Statoil ASA (NYSE:STO) and Statkraft AS, which own the project on a 70/30 basis. Siemens Energy will manufacture, ship, install and commission 67 pieces of 6-MW direct-drive wind turbines, each with a 154-metre (505.2 ft) rotor. The order also includes a five-year service and maintenance agreement.

The installation of the wind turbines will begin in early 2017.

The Dudgeon offshore wind farm will be built off the coast of Norfolk in eastern England. When up and running, it is expected to produce enough electricity for as many as 410,000 homes annually.

At the very start of July, Statoil and Statkraft announced they have taken a final investment decision on the GBP-1.5-billion project. Later that month, the European Commission (EC) approved the British government’s decision to award early investment contracts to nearly 3.2 GW of offshore wind projects under the Contracts for Difference (CfD) programme, including for the Dudgeon scheme.

(GBP 1.0 = USD 1.659/EUR 1.250)

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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