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Vestas wins two wind turbine supply contracts in South Korea and Brazil

CTBR Staff Writer Published 04 January 2016

Denmark-based Vestas has secured a 76MW wind turbine supply contract in South Korea and a 90MW order in Brazil.

The contract with Hanwha E&C will see Vestas deliver, install and commission 22 of its V112-3.45 MW turbines for the YEP project, situated in Young Yang in the eastern part of South Korea.

The Danish firm expects to deliver and commission the turbines in 2017. The deal also includes a 15-year active output management 4000 service contract and a Scada VestasOnline Business for data-driven monitoring and preventive maintenance.

Hanwha E&C general manager Jung Maeng Hwa said: "The YEP project is a significant and symbolic development for South Korea's renewable energy market.

"We are pleased to partner with Vestas on the YEP project and convinced that Vestas' vast knowledge of wind energy and their proven 3 MW platform will ensure a strong business case throughout the project's entire lifetime."

Vestas Pan-Asia head Danny Nielsen said: "The project is our third order in South Korea in 2015 and demonstrates our ability to provide competitive cost of energy anywhere the wind conditions allow."

Separately, Vestas will supply, install and commission 45 of its V110 2MW units for the unnamed project state of Bahia, Brazil.

Delivery is planned for the fourth quarter of this year, with commissioning anticipated in 2017.

The contracts take Vestas's 2015 year to date order intake to more than 8GW.