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December 8, 2016updated 23 Nov 2021 5:58pm

Vestas to supply 40 turbines for Titan Wind Energy’s project in China

Danish company Vestas has received an order from manufacturer Titan Wind Energy to deliver 40 V110-2.0MW wind turbines in China.

By Lopamudra Roy

Danish company Vestas has received an order from manufacturer Titan Wind Energy to deliver 40 V110-2.0MW wind turbines in China.

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The turbines will be delivered for a project in Licun Town in eastern China’s Shandong Province. With hub heights of 137m, the turbines will be the tallest used in any project in China.

As part of the order, Vestas will be responsible for both delivering the turbines and supervising their installation.

Titan Wind Energy’s chief executive officer Yan Junxu said: “For our first project in low and medium-wind resource area in eastern China, we believe that Vestas’ rich experience in tall tower technology and its high-quality turbines will help us capture more wind energy, thus achieving competitive cost of energy.”

“We believe that Vestas’ rich experience in tall tower technology and its high-quality turbines will help us capture more wind energy, thus achieving competitive cost of energy.”

The order also includes an active output management (AOM) 4000 service contract for two years, which would provide a defined level of availability and performance. It is also expected to provide a supervisory control and data acquisition (SCADA) VestasOnline Business system for data-driven monitoring and preventive maintenance.

Vestas’ Asia Pacific and China president Chris Beaufait said: “Titan has been Vestas’ tower supplier for about ten years.

“We are pleased to see that the relationship between us has expanded and upgraded from a buyer-supplier one into a closer and enriched partnership.”

Delivery of the wind turbines is expected to take place in Q2, 2017. Commissioning is planned to be conducted in the second half of the same year.

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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.

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