View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
March 24, 2020

ERG awards wind turbine supply contract to Vestas

Danish wind turbine manufacturer Vestas has been awarded a wind turbine supply contract from European wind energy operator ERG.

Danish wind turbine manufacturer Vestas has been awarded a wind turbine supply contract from European wind energy operator ERG.

Free Report
img

Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.
by GlobalData
Enter your details here to receive your free Report.

As per the terms of the contract, Vestas will supply 13 of its V112-3.45MW turbines in 3.6MW operating mode for the 47MW Evishagaran wind project in Northern Ireland.

Under the contract, Vestas will also be responsible for installation and commissioning of the wind turbines.

Vestas Northern & Central Europe UK sales director Anna Schlasberg Wachtmeister said: “The Evishagaran wind project enables a highly competitive business case for our valued long-term business partner ERG and offers the lowest cost of energy to the energy consumer.

“Demonstrating our strong experience and track record in a merchant environment, this project marks another step forward for renewable energy in the UK.”

Vestas claims that its wind turbines have been designed to increase the production of energy and at a competitive cost.

Additionally, the Danish company has agreed to provide its VestasOnline Business SCADA solution and a ten-year active output management 5000 (AOM 5000) service agreement.

Vestas intends to deliver turbines in the second quarter of 2021, with commissioning planned to take place in the second and third quarter of 2021.

Last year, the company won more than 200MW orders in the UK’s post-subsidy market.

In February this year, Vestas secured a wind turbine supply contract from its Swedish customer Stena Renewables.

According to the contract, Vestas will supply its EnVentus V162-5.6MW turbines for the Riskebo wind energy project.

Related Companies

Free Report
img

Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Power Technology