Vestas receives order for 82 MW in Cyprus
Vestas has received an order for 41 units of the V90-2.0 MW wind turbine for the
Orites project in Cyprus. The order comprises supply and commissioning of the
wind turbines as well as a five-year service and maintenance agreement.
The order has been placed by a Cypriot-based development company, founded by
local entrepreneur Akis Ellinas, DK Windsupply Limited, in conjunction with
Platina Partners, a London-based private equity group, active in the
development, construction and operation of renewable energy projects across
Europe.
“With this order, we are further developing Vestas' existing business
relationship with Platina Partners in Europe. Moreover, we are taking a first
big step in the Cypriot wind energy market with our V90-2.0 MW wind turbine
which has a large track record in Europe,” says Juan Araluce, President of
Vestas Mediterranean.
The Orites project will be located in a mountainous area in the southwestern
part of the island, close to the city of Paphos. The Vestas wind turbines are
the first wind turbines to be installed in Cyprus. According to the EU targets1
Source: http://www.ecx.eu, the island has to reach the target of 13 per cent
renewable energy in the electricity consumption by 2020.
Delivery of the turbines is scheduled to start during the fourth quarter of
2009, and commissioning is expected to be completed in the summer of 2010.
With a total installed capacity of 82 MW and an estimated annual production
128 GWh, the wind power plant will save the environment from almost 100,000 tons
of CO2 emissions. Furthermore, the wind power plant will cover the annual
electricity consumption of approx. 25,000 Cypriot households.
The above order does not affect the Vestas Group's expectations for 2009, cf.
company announcement No. 9/2009 of 28 April 2009.
Contact details:
Vestas Mediterranean, Spain
Juan Araluce, President
Telephone +34 93 241 9800
Vestas Wind Systems A/S, Denmark
Peter W Kruse, Senior Vice President, Group Communications
Telephone +45 9730 0000