30 November 2017 2017 11:00 AM GMT

Vestas Boosts Presence In Spain. Seals Agreement To Build 5 New Wind Parks

At WindEurope 2017 in Amsterdam, Vestas and Gas Natural Fenosa have sealed an agreement to build 86 MW of wind energy across five new wind parks in Spain. The order showcases Vestas’ 2 MW and 4 MW platforms’ versatility and flexibility, utilising the V110-2.0 MW, V117-3.45 MW and V126-3.45 MW to maximise energy output across different wind regimes. The five wind parks will be Vestas’ first projects derived from Spain’s latest auctions held in May. Commissioning and installation of the wind turbines are expected for the second half of 2018.

Signing the contract in Amsterdam, Executive Vice President of Vestas Sales, Juan Araluce, said: “This contract proves Vestas’ capability to add value for our customers by providing competitive and tailor-made solutions that meet their specific needs. In this case, each wind park required different turbine models to optimise performance at the lowest cost of energy and we are proud to see that, once again, Gas Natural Fenosa Renovables has put its trust in our products and expertise”. The renewables branch of Gas Natural Fenosa, one of the leading utilities worldwide, has installed more than 400 MW of Vestas’ turbines in Spain, the latest installed in 2016.

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.

The company’s vision is ‘to be the global leader in sustainable energy solutions’. Its mission is ‘to deliver best-in-class energy solutions for the benefit of Vestas’ customer and the planet’. In addition, it’s 4 key objectives are: 1) To be the global leader in the wind power plant solutions market; 2) To be the global leader in the wind service solutions market; 3) to have the lowest cost of energy solutions and 4) to be the best in class global operations.

August 14th 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.

August 16th 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.

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