EDF Energies Nouvelles has bared plans to buy at least 50 per cent of all its future onshore wind installations in Europe and 30 per cent in USA from Vestas in a wind energy project that will be completed in 2 years time.
The green deal binds EDF EN to buy wind turbines from Vestas, in turn putting similar duty on Vestas to produce turbines that can generate 180 MW for the Europe site. The wind turbines will be delivered in 2012 up to 2014 under the agreement.
EDF EN is the same renewable energy company that recently closed a deal with First Solar, Inc. to build France’s largest thin-film photovoltaic solar panel manufacturing plant with an initial annual capacity of more than 100MW.
The joint venture is expected to support France’s aim to become a leader in sustainable energy technologies.
Through the wind energy deal, EDF EN will expand its business activities in France, Italy and Greece, to include new operations in USA, UK, Germany and Poland.
With the agreement, the renewable energy company mulls establishing several services and maintenance contracts in various countries.
Danish wind turbine manufacturer Vestas will focus on siting, installation, technical operational support and service of wind power plants in all markets where EDF EN operates. Vestas has a broad product portfolio, ranging from the V52-850 kW turbine to the recently launched V112-3.0 MW model.
Ditlev Engel, President and CEO of Vestas Wind Systems A/S, said: “It is an important chapter in the history of Vestas and wind power, when a major world-wide player like EDF EN signs up an agreement of this volume proving that today wind power is mainstream.”
Engel said the deal is expected to have a potential of up to 2,000 MW or more for Vestas.
David Corchia, Chief Executive Officer of EDF Energies Nouvelles, added: “This agreement is the result of a thorough consultation and negotiation process with several global manufacturers.
“I am delighted as this partnership will strengthen the relationship of trust that our two groups have built over nearly 10 years. In addition, it gives us both the visibility we need in order to pursue our respective developments. There is no doubt that this is a major and crucial deal that will enable us to provide competitive renewable energy solutions.”
“At Vestas, we always explore new opportunities for collaboration with EDF EN and we are continuously looking into how we can better support EDF EN in the development, expansion and profitability of their wind business,” Juan Araluce, President of Vestas Mediterranean, said.