Alstom hits $1.35 Billion Wind Turbine Deal from Renova Energia SA

Wednesday, February 6, 2013 0 comments

Alstom Renewable Power announced today that a MoU has been signed with Renova Energia, leader in wind power generation in Brazil, to supply, operate and maintain in Brazil around 440 onshore wind turbines with a total value of $1.35 Billion.

From 2.7 MW to 3 MW each, these turbines will represent a minimum of 1,200 MW new wind power generation capacity. They will equip Renova’s wind farms in the state of Bahia and will be delivered from 2015 onwards, over an estimated period of three to four years.

A combination of two or even three models of the range (ECO 100, 110 or 122) will be used for the Project, which optimises the capacity factor of a project while reducing the balance-of-plant cost.

Alstom presented the best combination of price and technical performance, allowing for greater competitiveness in our projects”, says Mathias Becker, CEO of Renova Energia. “This will allow for increased efficiency of our plants, as we will have a more adequate technology to our winds, and reduced investments, which are key for us to maintain our leadership position in the increasingly competitive wind market”, he adds.

The partnership between both companies will start with the selection of the most appropriate technology in Alstom’s portfolio for each Renova’s plant. This phase will last approximately two years. Due to the importance of the project, a governance committee will be created, composed of members of the top management of both companies, who will follow up on the execution of the agreement.

The partnership with Renova Energia has exclusive aspects, and we want to closely follow up on the progress. As the most important agreement for Alstom in the wind onshore industry worldwide, this preliminary agreement confirms our strong global ambitions in the wind industry”, says Jérôme Pécresse, President of Alstom Renewable Power.

The wind turbines will be manufactured at Alstom’s unit in Camaçari, state of Bahia. Opened in November 2011, the plant has a manufacturing capacity of 300 MW a year, with one work shift. The agreement with Renova Energia confirms Alstom’s decision to work with two shifts from the first half of 2013, increasing the manufacturing capacity to 600 MW a year. Alstom will work towards the establishment of a wind cluster in Bahia in partnership with other companies, for the production of the main components of the turbines.
Share this article :
Related Posts Plugin for WordPress, Blogger...