Renewables

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

Iberdrola Vestas

Photo: Courtesy of Vestas Wind Systems A/S

Published

October 2, 2019

Country

Comments

comments icon

0

Share

Published:

October 2, 2019

Country:

Comments:

comments icon

0

Share

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.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Greece DEPA Commercial financing 816 MW solar power portfolio

Greece’s DEPA Commercial obtains financing for 816 MW solar power portfolio

26 July 2024 - State-controlled DEPA Commercial received a EUR 390 million loan from the EIB for photovoltaic projects across Greece

serbia energy cooperative solar power plant elektropionir

First cooperative solar power plants in Serbia start production

26 July 2024 - The income from the sale of electricity will be used for projects proposed by the communities of the villages on the Stara planina mountain

faria renewables mykonos solar power plant

Faria Renewables acquires 35 MW Mykonos solar project

26 July 2024 - Faria Renewables S.A. has announced the integration of photovoltaic project Mykonos into its asset portfolio

Ameresco Sunel Energy 560 MW solar power Greece Lightsource bp

Ameresco Sunel Energy starts building 560 MW solar power plant in Greece for Lightsource bp

26 July 2024 - Ameresco Sunel Energy is the contractor in Lightsource bp's solar power project of 560 MW in peak capacity, in the central part of Greece