Iberdrola contracts Vestas for wind turbine maker’s latest project in Greece

Denmark-based Vestas Wind Systems A/S has won a 16 MW auction-derived order from Spain’s Iberdrola for the Pyrgari wind farm, the latest in a series of orders for the wind turbine maker to secure in Greece.

Vestas said the contract with Iberdrola, the world’s number-one producer of wind power, for the Viotía, Greece site includes the supply and installation of four V150-4.2 MW wind turbines delivered in 4.0 MW operating mode, as well as a 10-year Active Output Management 5000 (AOM 5000) service agreement.

The Pyrgari wind farm, which was awarded in the renewable energy auction held in Greece in July 2018, reinforces Vestas’ leadership in the Greek auctions where it has won more of the auctioned capacity than any other solutions provider, the company’s press release reads.

The Pyrgari wind park also marks the debut for the V150-4.2 MW wind turbine in the Greek market.

Thanasis Tsantilas, Country Manager for Iberdrola Renewables Greece, said that in the new context of capacity auctions, there is an absolute need of design optimization for maximum productivity and the most competitive capex. “Taking that into account, we believe that Vestas V150-4.2 MW turbines widely meet those needs,” he added.

Vestas believes that the project will benefit from the V150-4.2 MW turbine’s extremely competitive Levelised Cost of Energy

“We are very proud to have helped Iberdrola win this project and it underlines how our local experience and technology leadership enables us to successfully support our customers in the Greek auctions. We believe that the project will benefit from the V150-4.2 MW turbine’s extremely competitive Levelised Cost of Energy and its perfect fit with the site’s wind conditions,” said Marios Zangas, Head of Vestas Hellas.

Turbine delivery is planned for the first quarter of 2020, while commissioning is planned for the second quarter of the same year.

This order takes Vestas’ order intake in Greece past 200 MW in Q3 2019 alone and consolidates its more than 50% market share in the country’s wind energy market.