UPDATE - Vestas to ship 50 MW of wind turbines to Mongolia

UPDATE - Vestas to ship 50 MW of wind turbines to Mongolia Vestas turbine. Author: germanborrillo. License: Creative Commons, Attribution-ShareAlike 2.0 Generic.

Denmark’s Vestas Wind Systems A/S (CPH:VWS) said on Thursday it has received a 50-MW turbine supply order for Mongolia’s second wind project, which is developed by Clean Energy Asia LLC.

The Danish company will deliver 25 units of its V110-2.0 MW wind turbines for the Tsetsii project in the Gobi desert and will also supervise their installation. In addition, the firm will be in charge of the civil and electrical balance of plant works. The order also includes a five-year Active Output Management (AOM) 4000 service deal and a SCADA VestasOnline Business.

This is Vestas’ first order in Mongolia. The company established a local subsidiary earlier this year as it believes that the market has a long-term potential, it said.

Vestas expects to deliver the turbines in the first quarter of next year, while commissioning is planned for the final quarter of the year.

Earlier this week it was announced that the Japan International Cooperation Agency (JICA) and the European Bank for Reconstruction and Development (EBRD) have signed financing agreements to support the particular project.

Clean Energy Asia is 51%-controlled by Mongolian conglomerate Newcom LLC, while the remaining shares are held by Japan’s SB Energy Corp, a unit of SoftBank Group Corp (TYO:9984).

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