Vestas has received its largest repowering order to date -- a 359 MW order to repower a portfolio of three Texas projects owned by investment asset manager Ares Management Corporation.
V100-2.0 MW, South Plains, Texas (Vestas)
The projects are overseen by Phoenix Wind Repower, LLC, a portfolio investment managed by Ares as part of its infrastructure and power portfolio.
The total capacity of the portfolio is 383 MW, including a previously Vestas-related purchase.
With the latest order, Vestas will replace the existing Clipper turbines at the Trinity Hills, Sherbino Mesa II, and Silver Star wind projects with its own V110-2.2 MW turbines.
According to Vestas, "repowering" existing and aging wind projects with new wind turbine technology offers substantial returns from increased annual energy production and reduced operating costs.
“With the exponential advancements in wind technology over the last decade, the turbines of today barely resemble the turbines of yesterday," explained Chris Brown, President of Vestas’ sales and service and division in the United States and Canada, in a written statement.
Through repowering, owners and operators benefit by replacing old equipment with advanced technology, while lowering operating costs, he 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.