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Vestas secures 40-MW wind order in Brazil

Time:10 Oct,2016
BNDES has certified that Vestas complies with the FINAME II code, the set of local manufacturing requirements established by the bank for foreign manufacturers operating in Brazil. Vestas continues to make inroads into the Brazilian wind market and has received an unconditional order from long-term partner Gestamp Eólica Brazil S.A. The contract is for 20 units of the V110-2.0 MW turbine for the 40-MW Pedra Rajada I/II wind parks located in Rio Grande do Norte. This new contract reinforces Vestas’ strong partnership with Gestamp Wind, with whom it has already signed firm orders for the supply of 193 MW in Brazil and 278 MW worldwide. Turbine delivery is planned for the second quarter of 2017, while commissioning is expected for the third quarter of 2017. The wind turbines will be produced in compliance with the local content rules set by the Brazilian Development Bank (BNDES). The contract includes the supply and installation of the wind turbines, as well as a 10-year Active Output Management 4000 service agreement based on Vestas’ latest smart data and technical capabilities to release the full potential of the wind parks. “Vestas has made a significant effort to expand our presence in Brazil, and today’s order confirms we are making good progress,” said President of Vestas Mediterranean, Marco Graziano. “Our customers appreciate these efforts, and we are pleased to see that our determination is paying off now. We are committed to deliver on our promises and continue to meet our customers’ needs and expectations”. With this order, Vestas has announced a total of 212 MW of wind orders in Brazil in 2016. Brazil was Vestas’ fifth largest market for new orders in 2015.

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