Vestas, Global Power Score A 328 MW Deal for 2 Wind Projects

3 min read | November 27, 2020 06:59 PM AEDT | By Kunal Sawhney

Summary

  • Vestas and Global Power signed a 328 MW deal of for two Australian Projects.
  • Ryan Corner Wind Farm project incorporates turbine supply & installation.
  • Procurement and construction are included for Berrybank Wind Farm project.
  • Both the projects aim to supply cleaner energy to approximately 120,000 homes.

Vestas has joined hands with Global Power Generation to sign a 328 MW deal for two wind projects in Victoria, Australia.

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Vestas is the worldwide partner for energy industry on sustainable energy solutions with installation of more than 122 GW of wind turbines in 82 countries.

On the other hand, Global Power Generation (GPG) is the Naturgy Energy Group's subsidiary which mainly deals with the projects related to international power generation and is partially owned by the Kuwait Investment Authority (KIA) which manages a total installed capacity of 4,100 MW worldwide.

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The project involves the installation and supply of 52 wind turbines of V136-4.2 MW for the Ryan Corner Wind Farm. The deal also entails the procurement, construction and engineering of 26 V136-4.2 MW wind turbines for Berrybank Wind Farm. Commencement of the second stage is anticipated in the latter project.

Interesting Read: Renewable Energy Integration into The National Grid- Challenges and Opportunities

The two ventures will mark a significant move towards building more astute, livable and pollution-free urban communities. Likewise, the second phase of Berrybank Wind Farm is one of the fruitful ventures under the Australian Capital Territory's 2019-20 renewable energy auction and will be Vestas' fifth job in Australia to be started through a renewable energy auction scheme offered by the government.

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After completion of the supply, procurement and installation, Vestas will also start a 15-year Active Output Management 5000 (AOM 5000) service agreement for both projects. This agreement will guarantee a long-term certainty, maximising the energy production and Global Power Generation.

Interesting Read: Australian Power Sector – A Glance Through Renewable Generation

Both the projects are going to feed the energy demands in a cleaner manner to approximately 120,000 homes. The commencement will also aim to add almost 500 job opportunities.

Delivery of the turbines for the two signed contracts are anticipated to take place in the third quarter of 2021, with commissioning planned for the third quarter of 2022.

Clive Turton, President of Vestas Asia Pacific, is proud that of the fact that the customers worldwide look up to Veritas as a reliable partner to seek their expertise and get the best return on investment for their wind projects.

Management Commentary:

Source: Kalkine Image

Source: Kalkine Image


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