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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

January 30th 2019
Corporate Sourcing of Renewables Growing, Taking Place in 75 Countries

Companies in 75 countries actively sourced 465 terawatt hours (TWh) of renewable energy in 2017, an amount close to the overall electricity demand of France, according to the report from the International Renewable Energy Agency (IRENA). With the continued decline in the costs of renewables, the report suggests, corporate demand will continue to increase as companies seek to reduce electricity bills, hedge against future price spikes and address sustainability concerns.

January 25th 2019
Wind: China Maintains Emerging Markets Top Spot Following 19.7GW Build Boom

Wind industry intelligence service A Word About Wind has launched its Emerging Markets Attractiveness Index report for 2018, which provides insight and analysis into the most attractive emerging markets for wind companies. The index, now in its second year, ranks the top 30 emerging markets that investors should consider when investing in wind in Europe, Africa, Asia and Latin America. The list considers factors including political and economic stability for investors, alongside the growth of electricity demand and potential for wind growth, in order to rank the countries by overall potential. As with last year’s report, China tops the list and the ongoing trade war with the US shows no sign of slowing China’s formidable growth.

January 25th 2019
Arsenal Unveil Battery Storage System: First Of Its Kind At A UK Football Club

Arsenal Football Club has unveiled a battery storage system (BSS) to store enough energy to run the 60,000 seater Emirates Stadium from kick-off to full time. It follows a unique collaboration with Pivot Power to install a 2MW/2.5MWh lithium ion BSS, with funds managed by Downing LLP. The project, the first of its kind in the UK, will also save club money as it works to support low-carbon plans. The BSS allows Arsenal to avoid peak power prices, buying electricity when it is cheap and storing it for use when prices are high. Typically, energy can cost three times more at peak times than overnight. The installation maintains Arsenal as the leader in sustainability in sport following its commitment to clean energy with Octopus Energy in 2016.

November 16th 2018
India: Improved Monsoon Winds Help Power Producers in 2018 

After a prolonged period of decline, wind speeds in India during the 2018 monsoon season were significantly higher than normal; and up to 20% higher than long-term averages in some regions. These higher wind speeds benefit wind farm production; welcome news for wind energy operators and investors, who have faced several years of lower-than-normal wind energy production during the monsoon period. These increased wind speeds can thus counter recent patterns of decline contributing to an increase in investor confidence with a data-driven approach.

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