Wind Market in Romania Picks up: Vestas to Supply Wind Turbines For Major Turnkey Project in Romania

Aarhus, Denmark - Yesterday (17.06.2024), Vestas announced an important major order in the onshore sector in addition to the conclusion of the service and supply contracts with the energy supplier Vattenfall and the chemical company BASF for the Nordlicht offshore wind farm in the German North Sea.

The Danish wind turbine giant has received a firm order from First Look Solutions for the turnkey implementation of phase 1 of the Vifor wind farm project with a capacity of 192 MW in south-eastern Romania. First Look Solutions is a subsidiary of the renewable energy supplier and operator Rezolv Energy and Low Carbon from Prague in the Czech Republic.

The order includes 30 V162-6.2 MW turbines of the EnVentus platform running in a 6.4 MW operating mode. In addition to supplying and commissioning the turbines, Vestas is also responsible for the project-specific civil and electrical works under the EPC agreement. After completion, Vestas will also be responsible for servicing the turbines for a period of 15 years.

The Vifor project in Buz?u county, north-east of Bucharest, consists of two construction phases. The firm and unconditional order concerns phase 1 of the project. Deliveries are expected to start at the beginning of 2025, with commissioning planned by the end of 2025.

"The VIFOR wind farm will play a significant role in reducing Romania’s dependence on fossil fuels, enhancing the country’s energy security and improving air quality," says Alastair Hammond, CEO of Rezolv Energy, about the importance of the project. "Vestas is pleased to deliver this order as a turnkey project, and our thanks go to our partners in First Look Solutions for the great collaboration and their trust in our industry-leading technology," adds Nils de Baar, President of Vestas Northern and Central Europe.

The Vestas share was unable to benefit from the success stories in the onshore and offshore sector yesterday. At the end of trading, the share was down 5.4 percent at a price of EUR 23.46 (closing price, 17.06.2024, Stuttgart Stock Exchange).

Source: IWR Online, Jun 06 2024