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UPDATE - Vestas confirms Dundonnell wind order in Victoria

The V136-3.45 MW turbine. Source: Vestas Wind Systems (www.vestas.com).

November 14 (Renewables Now) - Denmark's Vestas Wind Systems (CPH:VWS) confirmed today that it has received an order to build the 336-MW Dundonnell wind farm in Australia and said that the project should be completed in the third quarter of 2020.

Vestas has been contracted to supply, install and commission 80 units of the largest turbine in its product line -- the V150-4.2MW. The Danish company will also take care of electrical balance of plant infrastructure for the project, which was secured under the Victoria Renewable Energy Auction Scheme. In addition, the turbine supplier got a minimum 15-year Active Output Management 5000 (AOM 5000) service agreement.

Vestas noted that towers for the turbines will be partially sourced from local Victorian suppliers. The project will also make use of the Vestas Renewable Energy Hub in Geelong, which was created to help the Victorian industry build capabilities within a number of fields, including turbine assembly.

Earlier today, New Zealand-based Tilt Renewables Ltd (NZE:TLT) announced it has achieved financial close on the particular project. The company has already contracted around 87% of the plant’s output through a deal with the Victorian government under the state’s contract for difference scheme and a 15-year power purchase agreement (PPA) with Snowy Hydro Ltd.

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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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