Vestas received a 359-megawatt (MW) order from Phoenix Wind Repower, LLC to repower a portfolio of three projects in Texas, U.S., the Danish wind giant announced Thursday.
With this order, Vestas will replace the existing Clipper turbines with V110-2.2 MW turbines at the Trinity Hills, Sherbino Mesa II, and Silver Star wind projects, according to a statement from the company.
The order is Vestas' largest repowering order to date, and the total capacity of the portfolio is 383 MW, including the previously purchased Vestas PTC components, it said.
The order includes supply, installation and commissioning of the turbines, as well as 10-year Active Output Management 5000 (AOM 5000) service agreements for each project, designed to ensure optimized performance of the asset. Turbine delivery will begin in the fourth quarter of 2019.
Phoenix Wind Repower LLC is a fund managed by the Infrastructure and Power strategy of Ares Management Corporation, a global alternative asset manager.
"We’re thrilled to partner with Ares' Infrastructure and Power strategy as they expand their wind portfolio, and move to deliver profitable returns for their customer through the long-term, sustainable, and reliable wind industry," said Chris Brown, president of Vestas’ sales and service and division in the U.S. and Canada.
"With the exponential advancements in wind technology over the last decade, the turbines of today barely resemble the turbines of yesterday. Through repowering these projects, we’ll unlock even more value through the lifetime performance of these projects," he added.
According to the press release, repowering existing and aging wind projects with new wind turbine technology offers substantial returns from increased annual energy production and reduced operating costs.
Through repowering, owners and operators benefit by replacing old equipment with advanced technology, while lowering operating costs.
By Hale Turkes