Siemens Gamesa to equip 250 MW of S African wind parks

Siemens Gamesa Renewable Energy SA (BME:SGRE) today announced orders to equip two wind parks in South Africa with a combined capacity of 250 MW.

The contracts were placed by a consortium led by Ireland-based Mainstream Renewable Power and were signed between April and June this year. Under the deals, the Spain-based turbine manufacturer will supply 109 units of its SWT-2.3-108 turbines, each with a capacity of 2.3 MW. The machines will be installed at the 140-MW Kangnas wind park in Northern Cape and the 110-MW Perdekraal East wind farm in Western Cape.

Turbine deliveries are expected to start early next year, while commissioning of the parks is scheduled for 2020. A 10-year service agreement for the equipment is included in the contracts, Siemens Gamesa said.

The Kangnas project near Springbok and the Perdekraal East scheme to the northeast of Ceres represent a combined investment of ZAR 6.6 billion (USD 490m/EUR 418m), Mainstream said last month on reaching financial close on the projects. Once operational, the two plants are expected to generate enough power for around 214,000 South African homes.

The other equity partners in the consortium behind the projects, apart from Mainstream, are African Rainbow Energy and Power (AREP), H1 Holdings, Old Mutual Life Assurance Company (South Africa) and local community members.

(ZAR 10 = USD 0.742/EUR 0.633)

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