Vestas secures Mediterranean orders

Source: press releases, 30 September 2019

V112-3.0 MW turbines at Hvide Sande, Denmark
V112-3.0 MW turbines at Hvide Sande, Denmark (photo: Vestas)

Vestas has won a 16 MW auction-derived order from Iberdrola for the Pyrgari wind park located in Viotía, Greece. The contract 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 park, 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 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, says that in the new context of capacity auctions, there is an absolute need of design optimisation 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 adds.

“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,” says Marios Zangas, Head of Vestas Hellas.

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

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

A second order placed by E2i Energie Speciali is for 43 MW to be used at two merchant repowering projects in the province of Chieti, Italy. By applying market experience and operational data from two existing wind farms, Vestas and E2i have been able to create a custom repowering solution that doubles the wind farms’ combined energy production, reduces the number of turbines by 70%, and – most notably – allows the operation of the two wind farms on a purely merchant basis and without any direct financial support.

For the Roccaspinalveti wind park, 24 V47-660 kW wind turbines will be replaced by nine V112-3.3 MW turbines, while the Castiglione Messer Marino will include four V112-3.3 MW wind turbines to replace third-party turbines.

The order comes shortly after Vestas has finalised two other repowering projects, the Castiglione Messer Marino and the Schiavi d’Abruzzo wind parks, for E2i in Italy, demonstrating Vestas’ ability to create a strong business case in replacing older turbines with newer and more efficient variants.

Alberto Musso, Chief Operating Officer of E2i, points out that “One of the main pillars in the E2i guideline for growth is the renewal of existing power plants through reconstruction projects. In these two projects, the reconstruction will entail reducing by 70% the number of wind turbines and doubling the energy production. Our projects benefit from the experience gained through the existing E2i power plants, which have been operating for nearly 20 years. This will help us mitigate energy production uncertainties. Vestas technology will allow us to better harness wind resources with larger rotors and modern wind turbines. We are thankful to Vestas’ team for its competence and open attitude to face new challenges in a mountainous terrain with a complex plant configuration.”

Turbine delivery is expected to begin in the second quarter of 2020 while commissioning is planned for the fourth quarter of 2020.

“We feel proud and honoured to work with E2i Energie Speciali on such challenging and exciting projects. This order underlines Vestas’ capacity to build a highly competitive business case for customers who operate in the merchant energy market. As Vestas’ second merchant order in Italy, it also confirms wind energy’s competitiveness and its increasing role in the country’s energy matrix,” says Rainer Karan, Vestas Vice President of Sales for Southern Europe and Turkey.

Since installing its first turbine in Italy in 1991, Vestas has led the country’s wind industry with more than 4 GW capacity installed, being the main contributor to the expansion of wind energy with a 40% market share.