Vestas Wind Systems A/S (VWDRY.PK), a Danish wind turbine company, said on Thursday that it has signed a deal with Casa dos Ventos, a Brazilian developer of renewable energy projects, to provide wind turbines for two projects with a total capacity of 1.3 GW in Brazil. The financial terms of the deal are not known.
The contract is the largest onshore order to date for Vestas in Latin America and globally.
The order includes the supply, installation, operation and maintenance of 168 V150-4.5 MW turbines for the 756 MW Serra do Tigre project and 123 V150-4.5 MW turbines for the 554 MW Babilônia Centro project.
Vestas will also deliver a 25-year Active Output Management 5000 or AOM 5000 service agreement to optimize energy production while also providing long-term business case certainty.
The delivery of the Serra do Tigre and Babilônia Centro is expected to start in the third quarter of 2024 and the commissioning is projected to begin in the first quarter of 2025.
With this order, Vestas has secured almost 10 GW of order intake in Brazil for the 4 MW platform since 2018.