15 December 2017 2017 09:15 AM GMT

Vestas Strengthens In India. Wins 250 MW Wind Project: Its Largest Order To Date

 Vestas’ extensive experience from around 4 GW of turnkey projects across the globe has secured the company its largest wind project in India to date. The record order was placed by Ostro Kutch Power Private Limited and awarded through India’s first wind power auction held in February 2017.

The 250 MW turnkey order follows another 100 MW turnkey wind project in India earlier this year, taking Vestas’ order intake in the market to more than 480 MW in 2017. The project will be located in the Kutch district of Gujarat state and includes delivery, installation and commissioning of 125 V110-2.0 MW turbines, as well as the project’s civil and electrical works. The turbines will be serviced by Vestas via a 10-year full-scope Active Output Management 4000 (AOM 4000) service agreement as well as a Vestas Online® Business SCADA solution. Commissioning is expected by the third quarter of 2018.

“We are pleased to announce our partnership with Vestas to execute this prestigious 250 MW auction wind project (SECI-I, ISTS-connected). We are confident that Vestas will deliver a world-class project firmly putting Ostro past the 1 GW capacity milestone,” said Ranjit Gupta, CEO, Ostro Energy Private Limited.

“With another turnkey wind project in India, we underline the broad range of capabilities we offer our Indian customers to be successful in auctions. Our extensive experience from more than 100 turnkey projects across the globe has been key in securing this order, marking a major milestone as our largest project in India since pioneering the country’s wind energy market in 1986,” said Clive Turton, President of Vestas Asia Pacific. The wind park can produce enough power to cover the annual electricity consumption of about 5.7 million urban electricity consumers in India.

Vestas designs, manufactures, installs, and services wind turbines across the globe, and with 87 GW of wind turbines in 76 countries, it has installed more wind power than anyone else. Through its industry-leading smart data capabilities and more than 73 GW of wind turbines under service, it uses data to interpret, forecast, and exploit wind resources and deliver best-in-class wind power solutions. Vestas has more than 22,700 employees worldwide.

Image: Courtesy of Vestas Wind Systems A/S

September 23rd 2018
Battery Boom: Wind And Solar Can Generate Half Of Worldwide Electricity By 2050

Coal is to shrink to just 11% of global electricity generation by mid-century, from 38% now, as costs shift heavily in favour of wind, solar and batteries. Wind and solar are set to surge to almost “50 by 50” – 50% of world generation by 2050 due to reductions in cost. “Cheap battery storage means that it becomes increasingly possible to finesse the delivery of electricity from wind and solar so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear.”

October 16th 2018
Key Industry Players Meet To Discuss Infrastructure Financing In Benelux Region

The Benelux region has been seeing huge developments in the renewable energy and infrastructure industry. The European Investment Bank (EIB) has recently announced that it is supporting Belgian offshore wind projects, as part of the €3.4 billion investment package for renewable energy. In addition, EIB and other key industry players are meeting to discuss financing infrastructure in the region at the 17th annual Benelux Infrastructure Forum next month in Amsterdam. These include MEAG MUNICH ERGO KAG mbH, EIB, AG Insurance, Macquarie Capital and NN Investment Partners.

October 16th 2018
InnoEnergy, Deloitte: Smog Reduction Can Save European Citizens €183bn By 2025

InnoEnergy and Deloitte’s radical new research reveals that EU citizens could save €183bn by adopting innovative smog-reduction technologies to 2025. This is in response to the European Commission’s finding that smog will cost the EU an astonishing €475bn between 2018 and 2025. The report identifies best technologies to reduce Europe’s 400,000 pollution-related premature deaths a year. These key technologies include fast, interconnected and interoperable car charging solutions, solar thermal, and underground energy storage.

September 22nd 2018
MHI Vestas Signs Firm Order for Largest MW Project in Company History

MHI Vestas Offshore Wind will supply 90 of its flagship V164-9.5 MW turbines for the 860 MW Triton Knoll Offshore Wind Farm project; its largest MW project to date. MHI Vestas celebrated the financial close of the deal with innogy, at the site, confirming the project as the largest (MW) in the history of the turbine company. Affirming its strengthening position in the UK offshore wind market, the Danish-Japanese joint venture will supply 90 of the world’s most powerful commercially available turbine, the V164-9.5 MW, and has agreed on a comprehensive 5-year O&M agreement.

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