Deals & Finance

Siemens Gamesa Sets Records: Largest Thailand Order And Asia’s Tallest Turbines

Asia Pacific, Deals & Finance, Head Lines, Wind

Siemens Gamesa Renewable Energy has significantly enhanced its positioning in the Asia Pacific, having secured its largest-ever contract in Thailand; a market in which it is the leading OEM, responsible for more than 50% of the country’s total installed capacity. The company will supply a local developer 103 of its G126-2.5 MW turbines (260 MW) at the Hanuman wind complex, Chaiyaphum, northeast Thailand. The project also entails installing Asia’s highest wind turbines: with a tower height of 153 metres and blade length of 62 metres and total height of 215 metres.

Siemens Gamesa Sets Records: Largest Thailand Order And Asia’s Tallest Turbines Read More »

Winds Of Change: Walney Wind Farm Investment Completed By Legal And General

Deals & Finance, Europe/Middle East/Africa, Wind

With over £951bn in total assets management, Legal & General is one of the UK’s leading financial services groups and a major global investor. The company has announced that it has provided close to £300m of long-term acquisition debt in support of Danish pension funds, PKA and PFA consortium’s approx £2bn purchase of 50% of Walney Extension from Ørsted (the former Dong Energy). Walney Extension, which is currently under construction, will be the world’s largest offshore wind farm with a capacity of 660 megawatts (MW), providing enough power for over 590,000 homes. Charles-Henry Lecointe, Senior Investment Manager, LGIM Real Assets stated that the move was part of the company’s commitment of “investing in key UK infrastructure assets which will have a major impact on stimulating economic growth while ensuring long-term cash flow for pension funds.”

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Enel’s US Rise: Commences 320 MW Wind Farm Build, Powering Facebook Data Centre

Americas, Deals & Finance, Wind

Enel Green Power North America has started construction of the Rattlesnake Creek wind farm in the United States. Once completed, Rattlesnake Creek will have a total installed capacity of 320 MW and will be Enel’s first wind farm in the state of Nebraska. “This project consolidates our growing presence in the US as our company enters into a new state and expands our business with new partners,” said Antonio Cammisecra, Head of Enel Green Power. “We are thrilled to be able to support Facebook’s growing renewable energy needs in Nebraska and be a part of driving economic development in the region.”

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Scaling Heights: Vestas Repowers One Of Europe’s Highest-Located Wind Parks

Deals & Finance, Europe/Middle East/Africa, Wind

Vestas is to repower one of Europe’s highest-located wind parks with a customised solution at the Tauernwindpark. Located in Niedere Tauern mountain massif in Styria, Austria, the Tauernwindpark is one of the highest-located wind parks in Europe, operating 1,900 meters above sea-level. ImWind, Tauernwindpark’s owner, was looking to repower the 22.75 MW wind park, which currently consists of 13 V66-1750 kW wind turbines. A wind power project in such an environment is demanding, not only with regard to turbulence caused by the mountains but also with regard to the remote site’s logistical challenges as well.

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100MW PV Project Win For Enel Highlights African Potential And Ethiopian Market

Deals & Finance, Europe/Middle East/Africa, Solar

A consortium led by Enel Green Power has been selected as the preferred bidder for a 100 MW solar project in Metehara, Ethiopia. Ethiopia has all the potential to become a key market for Enel’s strategy in Africa due to its plentiful renewable resources, stable regulatory framework and electrification needs. In addition, the Ethiopian Government’s ‘Growth Transformation Plan 2’ is expected to collect nearly 12,000 MW of new hydro, wind, geothermal and solar capacity in partnership with the private sector, with the aim of meeting the country’s electrification needs while diversifying its generation mix in line with the government’s energy plan for the years up to 2020.

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Nordex Consolidates In France. Wins Two Contracts With Joint Capacity Of 37.2MW

Deals & Finance, Europe/Middle East/Africa, Wind

The Nordex Group was again awarded orders for the delivery of wind turbines to France in the third quarter. In 2018, it will be supplying fourteen wind power systems with an aggregate capacity of 37.2 MW. Starting in February, Nordex will be delivering six N117/3000 turbines for the “Coesmes” wind farm located around 40 kilometres south-east of Rennes. The turbines will be installed on the top of 120-metre high towers to ensure maximum utilisation of the good local wind conditions. At the same time, the systems permit quiet turbine operation. The customer is the project developer VSB Energies Nouvelles.

Nordex Consolidates In France. Wins Two Contracts With Joint Capacity Of 37.2MW Read More »

Big Deal: Siemens Gamesa Supplies Over 300 Turbines Totaling 780 MW In The US

Americas, Deals & Finance, Head Lines, Wind

Siemens Gamesa Renewable Energy (SGRE) has announced that the company will supply 310 wind turbines of different types for five projects in the US with a combined capacity of 784 MW. With various output ratings and rotor diameters, the projects feature both Siemens and Gamesa technology of the recently merged company. Together, these five onshore wind projects will have the potential to provide clean energy to nearly 240,000 U.S. homes. The new orders will leverage U.S. manufacturing facilities and place the new, integrated company, in a stronger position to challenge its rivals.

Big Deal: Siemens Gamesa Supplies Over 300 Turbines Totaling 780 MW In The US Read More »

Microsoft Commits To Clean Energy. Signs Major Power Supply Deal With Vattenfall

Deals & Finance, Europe/Middle East/Africa, Head Lines, Wind

Microsoft has signed a ten-year agreement to power its international data centre operations in the Netherlands, with Vattenfall. The deal is the largest in the sector – based entirely on wind power. Production at the Wieringermeer Wind Farm, Netherlands is due to start from 2019. “Investing in local clean energy to power our local data centre is a win-win for our business and the Netherlands. Microsoft is committed to bringing new renewable energy sources online to power our data centres,” said Brian Janous, general manager of energy at Microsoft. The Wind Farm will eventually include 100 windmills, producing approximately 1.3 TWh of renewable electricity, comparable to the consumption of around 370,000 households.

Microsoft Commits To Clean Energy. Signs Major Power Supply Deal With Vattenfall Read More »

Construction Starts On Horns Rev 3, Denmark’s Largest Offshore Wind Farm

Deals & Finance, Europe/Middle East/Africa, Region, Technology, Wind

Construction is commencing on Denmark’s largest offshore wind farm, the 406 MW Horns Rev 3. Vattenfall won the contract for its construction in 2015 and is installing the first of a total of 49 foundations in the North Sea. It is the first time in five years that an offshore wind farm will be built in Denmark and when Horns Rev 3 is complete, it will provide enough power to satisfy the annual electricity consumption of 425,000 Danish households. The 8.3 MW turbines are 187 metres high and have a rotor diameter of 164 metres. They are manufactured by MHI Vestas and are today one of the world’s most powerful wind turbines.

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Nordex Adds To Successes In Argentina, Winning 100 MW Pomona Wind Farm Order

Americas, Deals & Finance, Wind

The Nordex Group has added a further chapter to its success story in Argentina with an order for 26 N131/3900 turbines for the “Pomona” wind farm. The contract will be executed on a full EPC basis, including civil and electrical engineering, procurement, construction and manufacturing, delivery and installation of the wind turbines. Preparations for construction will be commencing in 2017, after which the wind power systems will be installed at the beginning of 2019. In addition, a ten-year full operation and maintenance contract has also been signed.

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