Siemens has announced yet another wind turbine order, this time for 56 wind turbines for the Galloper Wind Farm off the southeast coast of England.
Following on from yesterday’s announcement that Siemens would provide 47 of its new 7 MW offshore wind turbines for the 330 MW Walney Extension East project being developed by DONG Energy, Siemens has announced that it has received an order for 56 of its 6 MW wind turbines for the Galloper Wind Farm, set to be developed off the southeast coast of England by its developers RWE, the UK Green Investment Bank, Macquarie Capital, and Siemens Financial Services, each of whom own a 25% stake in the project.
“We are pleased that Siemens will again be supplying the six megawatt wind turbines for an offshore wind power plant in the UK,” said Michael Hannibal, CEO Offshore of the Wind Power and Renewables Division of Siemens AG. “We are working hard on making the cost of power from offshore wind power plants competitive with other ways of generating electricity.”
Siemens is suitably proud of their new products, having sold around 300 of its SWT-6.0-154 wind turbines to UK and German projects.
Construction of the project is expected to begin in May 2017 with delivery of the turbines, and prompt completion by March 2018 for the project is being seen as integral to its success, so that the project can still qualify for the UK’s Renewables Obligations Certificates.
Siemens has been deeply involved in the Galloper Wind Farm, providing 25% of the total project equity, as well as supporting RWE with development funding in the period leading up to financial close.
“The speed in which we achieved financial close, which included securing debt investments from a club of commercial lenders, is testament to the market’s appetite for well-structured offshore wind investments and its confidence in Siemens’ technical and financial expertise in this sector,” said Kirk Edelman, Head of Energy Finance at Siemens Financial Services.
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