Vestas seals 2.5 GW of European turbine orders at end-September

Vestas seals 2.5 GW of European turbine orders at end-September Vestas wind turbines. Image by: Vestas Wind Systems @LinkedIn.

In the final days of September, Vestas Wind Systems A/S (CPH:VWS) wrapped up the third quarter of 2023 with announcements for about 2.5 GW of wind turbine orders from a number of European markets such as Austria, Germany and Poland.

Vestas will be delivering 209 of its machines across six countries, with the largest deal encompassing 1,140 MW of turbines for the Baltic Power offshore wind project in Poland.

Out of all deals disclosed between September 20 and September 30, three come from Germany, including a contract for the 960-MW He Dreiht offshore project in the North Sea that will be equipped with 64 of Vestas’ V236-15.0 MW turbines with installation planned to start in the second quarter of 2025.

The Danish firm has also secured a 62-MW order in Germany from a unit of Ebert Erneuerbare Energien Unternehmensgruppe for the Beuchte wind park in Lower Saxony which will utilise 10 of its V162-6.2 MW turbines. Additionally, a prototype of the V162-7.2 MW wind turbine will be supplied to Buergerwindpark Janneby eG for the Janneby wind project in Schleswig-Holstein. Deliveries under these orders are set to start in the first half of 2024.

Meanwhile, some 25 turbines will go to Sweden under a 147-MW deal with SR Energy AB for the Horshaga wind park in Uppvidinge, southern Sweden. In the first quarter of 2025, Vestas will start delivering 20 V162-6.2 MW and five V150-4.5 MW wind turbines.

The Danish wind turbine manufacturer has also been contracted for 18 of its V150-4.2 MW wind turbines in Italy for a project whose name and owner were not disclosed. Deliveries are scheduled for the first quarter of next year.

In Turkey, Vestas will provide four of its V162-6.2 MW devices. The deal was inked with Sanko Holding and concerns the Akyel wind park to be located in the Karaman Region. Work on the contract is set to start in the first half of 2024.

Another firm turbine order will be executed in Austria, starting in the third quarter of 2024. It is for 11 V136-4.2 MW machines which will be installed at the Engelhartstetten wind park in Lower Austria. It was placed by Engelhartstetten GmbH, a subsidiary of WindLandKraft GmbH.

All of the above-mentioned turbine orders also include multi-year active output management (AOM) service agreements.

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Marta is an M&A and IPO specialist with years of experience covering energy deals in the US and EU.

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