Vestas wind orders for 160 MW made-in-Brazil turbines

Danish company Vestas Wind Systems A/S (CPH:VWS) today announced two firm and unconditional orders to supply turbines for Brazilian projects with a combined capacity of about 160 MW.

One of the contracts is for 53 pieces of the V110-2.0 MW turbine and comes from EDF EN do Brasil. It is for the 117-MW Ventos da Bahia Phase 2 project in Brazil.

Vestas said delivery is to commence in early 2018, while commissioning is targeted for the third quarter of the same year. The wind turbines will be manufactured in Brazil, meeting the local content requirement of the Brazilian Development Bank, or BNDES.

EDF EN is a unit of EDF Energies Nouvelles, which in turn is the renewables arm of French energy group EDF. It entered the Brazilian market in February 2015 with the acquisition of an 80% stake in the wind project pipeline of German developer Sowitec.

Vestas said that project, once completed, would bring its installed capacity in the state of Bahia to 700 MW.

The second contract disclosed today is for 42 MW of turbines to be installed at the Cabeco Vermelho I and II wind parks. Gestamp Eolica Brasil SA awarded the Danish company a contract to supply and install 21 units of the V110-2.0 MW turbine for the projects in Rio Grande do Norte.

Delivery of the made-in-Brazil turbines is to start in the fourth quarter of 2017, with commissioning expected in the second quarter of the following year.

Both deals include long-term A ctive Output Management 4000 (AOM4000) service agreements.

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