Senvion S.A.: Senvion's Contracted Capacity Exceeds 120 MW in Argentina
May 24 2018 - 9:22AM
Business Wire
Senvion, a leading global manufacturer of wind turbines,
announced the achievement of its second firm contract in Argentina,
bringing its total firm contracted capacity in the country to over
120 megawatts (MW). Since its regional market entry in the spring
of 2016, Senvion has entered into firm contracts for about 420 MW
of turbines in South America.
The signature seals the deal for the delivery of six Senvion
3.4M114 NES and one 3.6M114 NES turbines, totaling 24 MW, to the
Kosten wind farm developed by Grenergy Renovables S.A.. The
turbines will be installed at a hub height of 93 meters. They have
been specifically adapted to the Kosten site which experiences
frequent wind peaks. A soft cut-out mechanism optimizes their power
curve under these conditions, thus leading to greater efficiencies
and higher yields.
Senvion helped secure financing for the Kosten project, which is
located in Chubut, a province in Patagonian Argentina between the
Andes Mountains and the Atlantic Ocean. This wind farm will supply
approximately 16,500 households with clean renewable electricity.
It will be built by Senvion on a full EPC basis and operated under
a long-term Integrated Service Package (ISP) of minimum 10 years.
Completion of the wind farm is planned for spring 2019.
Kumar Manav Sharma, Chief Executive Officer at Senvion,
said: "Senvion's continued success in Argentina demonstrates
our growth strategy through geographic expansion. This approach
also leads to further success in other regions where the company is
also focused."
David Hardy, Chief Sales Officer at Senvion, said:
"Signing this new contract shows Senvion's accelerating momentum in
South America. It also puts us in a strong position to further
increase our market share in the region. We are particularly
pleased to deepen and expand our already excellent relationship
with Grenergy Renovables S.A."
All of the Argentinian projects that Senvion has contracted so
far were awarded a PPA in the RENOVAR Round 1 tender in October
2016. A total of 1,142 megawatts (MW) of different technologies
were purchased (of which 707 MW were wind projects).
About Senvion:Senvion is a leading global manufacturer of
onshore and offshore wind turbines. The company develops, produces
and markets wind turbines for almost any location - with rated
outputs of 2 MW to 6.33 MW and rotor diameters of 82 metres to 152
metres. Furthermore, the company offers its customers project
specific solutions in the areas of turnkey, service and
maintenance, transport and installation, as well as foundation
planning and construction. The Senvion systems are mainly designed
in the major TechCenters in Osterr�nfeld and Bangalore and
manufactured at its German and Portuguese plants in Bremerhaven,
Vagos and Oliveira de Frades as well as in Żory-Warszowice, Poland
and Baramati, India. With approximately 4,500 employees worldwide,
the company makes use of the experience gained from the manufacture
and installation of more than 7,500 wind turbines around the world.
The company's operational subsidiary Senvion GmbH is based in
Hamburg and represented by distribution partners, subsidiaries and
participations in European markets such as France, Belgium, the
Netherlands, the UK, Italy, Romania, Portugal, Sweden, and Poland
as well as on a global level in the USA, China, Australia, Japan,
India, Chile and Canada. Senvion S.A. is listed on the Prime
Standard of the Frankfurt Stock Exchange.
Language: English Company:
Senvion S.A. 46a, avenue John F. Kennedy L-1855 Luxembourg
Luxemburg Phone: +352 26 00 5305 Fax: +352 26 00 5301 E-mail:
press@senvion.com
Internet:
www.senvion.com
ISIN: LU1377527517, XS1223808749, XS1223809390 WKN: A2AFKW Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange; Dublin, Luxemburg
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version on businesswire.com: https://www.businesswire.com/news/home/20180524005818/en/
SenvionPressImmo von Falloisphone: +49 40 5555 090
3770mobile: +49 172 6298 408email:
immo.von.fallois@senvion.comorInvestor RelationsDhaval
Vakilphone: +44 20 3859 3664mobile: +44 7788 390 185email:
dhaval.vakil@senvion.com
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