Danish wind turbine maker Vestas Wind Systems A/S (CPH:VWS) said Thursday it has been contracted to equip and construct a 26-MW wind park in the northeastern parts of South Korea.
The contract, whose value was not disclosed, was awarded by an unnamed South Korean conglomerate, which serves as project developer and engineering, procurement and construction (EPC) contractor for wind power plants locally.
Vestas will supply and install 13 units of the V100-2.0 MW turbine in the second half of 2016. The deal also includes a 10-year Active Output Management (AOM) 4000 service agreement and a SCADA Vestas Business Online solution.
The wind farm, located in the province of Gangwon, is expected to generate some 76.6 GWh of electricity per year.
“South Korea is an increasingly attractive wind energy market as the country continues diversifying its energy mix to reduce its dependence on nuclear power and imported fossil fuels,” Head of Vestas Pan-Asia, Danny Nielsen, noted.
At present, the Danish company’s installed capacity in South Korea amounts to 226 MW, equal to roughly half of all operational wind turbines in it. The current order marks the debut of the V100 model in the country, the manufacturer said.
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