Vestas Secures Long Term LATAM Wind Service Agreement

Written By: Jen Neville
December 19, 2018


You May Also Like:
windThe Wind Power Finance & Investment Summit is widely recognized as the leading gathering place for wind industry deal makers, or as one past event attendee called it – “the highest quality of industry participants on the conference circuit.

Jeff Fuchs, Vice President of Market Intelligence, VESTAS WIND SYSTEMS A/S will be speaking on a panel discussing The Wind Power Supply Chain—Can It Support the 2020 Push? 

View a list of speakers and topics that will be discussed here.

Our readers get 10% off attendee registration using code ICNEWS10 at checkout.

To offer its customers the most efficient and competitive wind energy solutions and to underline its commitment to the expansion of Brazil’s wind market, Vestas earlier this year announced it would produce its leading onshore wind turbine, the V150-4.2 MW, in Brazil. Highlighting the V150-4.2 MW turbine’s strong fit with Brazil’s wind conditions, Vestas had received a 151 MW firm and unconditional order for the Folha Larga wind park in the State of Bahia, taking total order intake for the wind turbine in Brazil to 252 MW.

The order includes 36 V150-4.2 MW wind turbines as well as an Active Output Management 5000 service agreement for the operation and maintenance of the wind park over the next 20 years and is placed by Casa dos Ventos, one of the largest wind project developers in Brazil.

"As wind power becomes more important and Casa dos Ventos increases its investments in the sector, we are honored to count on Vestas’ support”, stated Lucas Araripe, director of Casa dos Ventos. “We intend to begin construction in 2019 and have the wind park fully operational by 2020, ahead of its regulatory schedule", he added.

The 36 wind turbines would be locally manufactured under the Brazilian Development Bank FINAME II rules, consolidating the 4 MW platform as the most competitive in the Brazilian market. More specifically, the turbines would be assembled in Vestas’ factory in Aquiraz in the State of Ceará, which would generate hundreds of new jobs once complete, reinforcing the company’s long-term commitment to the Brazilian market.

“We believe the V150-4.2 MW’s introduction can break new grounds for Vestas and the wind industry in the country. This deal is very special because it entails a long-term service agreement with Casa dos Ventos, one of the true pioneers and leading investors in the Brazilian wind energy market”, highlights Rogerio S. Zampronha, Vestas’ Managing Director for Brazil and Southern LATAM.

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

Subscribe to get news, insights, podcasts, videos, webinars, and events delivered to your inbox every week


Vestas secures first multi-brand repowering order
Projects & Money: Join project developers and capital providers 
The Power Market is Shifting: Key Takeaways from Emerging Trends in Power Project Finance
Global Wind Power Market Outlook Update
Lazard Releases Annual Levelized Cost of Energy and Levelized Cost of Storage Analysis
Distributed wind capacity report shows larger installations of distributed wind power
Solar Power Finance & Investment Summit
Energy Storage Snapshot Highlights Opportunities in Storage Market
VRBs will forever change the storage capacity of wind and solar energy.
California CCAs Seek Rehearing of CPUC’s Inequitable ‘Exit Fee’ Decision
ESA Unveils Initial Assessment of Regional Grid Operator Compliance with FERC Order 841

2020 LATAM O&M