Month: February 2017

Vestas wins 100 MW deal in Argentina

The order for the Corti wind project takes Vestas' firm order intake in Argentina since December 2016 to 225 MW Vestas has received a firm and unconditional order from Greenwind S.A, a subsidiary of Pampa Energía, one of the largest power companies in Argentina, to supply 29 V126-3.45 MW turbines for the 100 MW Corti wind park in the Bahía Blanca, Argentina. The order is an Engineering, Procurement and Construction (EPC) contract and comprises supply, installation, civil works and commissioning of the wind turbines. A 10-year Active Output Management 5000 (AOM5000) service agreement is also included to ensure optimal operation of the wind farm at all times. Turbine delivery is planned for the third quarter of 2017, while commissioning is expected for the second quarter of 2018. Argentina has committed to reach 20 percent renewable energy by the end of 2025 and recently passed the...

Saudi Arabia announces 700MW tender of renewable energy

The Arabic country will launch, this year, a tender for 400 MW of wind power projects and other 300 MW of solar The renewable sector is being boosted in the Arabic region. This month we´ve discovered that Saudi Arabia will launch this year a tender for 700 MW of installed capacity in wind and solar energy, mostly aimed at private-sector investors. This strategy  will be launched by a pre-qualification round the next  February 20. The Tabuk province, in the northwest of the country, is the place where is planned this new investment in renewables that the Saudi Electricity Companany (SEC) will liderate. Although the terms of this tender are not already published, the expect is to attract some of the lowest prices in the sector. As Al-Falih, Minister of Energy, Industry and Mineral Resources of Saudi Arabia, said the projects will be of "a significant...