Published on July 2nd, 2019 | by Joshua S Hill0
Vestas Finishes Q2 With Trademark Flurry Of Activity & 40% Bump In Orders
July 2nd, 2019 by Joshua S Hill
Danish wind energy giant Vestas Wind Systems A/S finished off the second quarter of 2019 with its trademark flurry of activity, announcing 1,775 megawatts (MW) of new wind turbine orders over the last four days of the quarter, pushing its total orders for the first half of the year to 7,605 MW, a 40% increase over the same period in 2018.
Just as we saw at the end of the second quarter of 2018, when Vestas took in nine wind turbine orders worth 803 MW to push its first half order intake up to 5,436 MW, Vestas again finished the second quarter with a flurry of orders, competing to be filed before the end of the quarter. Over the last four days of the month Vestas took in orders worth 1,775 MW — more than double what we saw a year earlier — and finished the quarter with orders of 4,601 MW, and the first half of the year with orders worth 7,605.
Comparing this to last year, this is a 20% increase between Q2’18 and Q2’19, and a 39% increase seen between 1H’18 and 1H’19.
“Renewables are the cheapest source of energy in two-thirds of the world, which drives global demand that Vestas is getting the lion’s share of due to our leading energy solutions, global reach, and scale,” boasted Anders Riis, Head of Communications at Vestas, when reached for comment. “In 2019 we will install more turbines than ever, but with our record order intake, we expect our order backlog to remain at record levels, underlining our market-leading position.”
Vestas took in a total of 10 wind turbine orders over the last four days of the quarter, including four small orders in Denmark, China, Brazil, and El Salvador worth 58 MW, 11 MW, 76 MW, and 54 MW respectively. The Denmark order is to repower the Overgaard 1 wind park, while the Brazilian order will supply turbines for the final phase of the 273 MW Serra do Mel wind project. The El Salvador project is also the first-ever supply order Vestas has received for that country.
Two sub-200 MW orders were also placed, including a 151 MW order for the Simo Sarvisuo wind park in Finland, and a 197 MW order for the Folha Large II wind park in Brazil — an order which took Vestas past the 2 gigawatt (MW) mark for orders of its V150-4.2 MW turbine in Brazil.
“We are really proud to achieve this 2 GW milestone in such a record time, which underlines the V150-4.2 MW turbine’s excellent fit with Brazil’s wind conditions and its unparalleled levelised cost of energy,” said Rogerio S. Zampronha, Vestas managing director for Brazil and Southern LATAM. “Reaching this goal with our trusted customer EDF underlines our strong partnership in Brazil and we look forward to taking the next steps forward together.”
The four remaining orders all exceeded the 200 MW mark, including a 225 MW order for 2 MW and 4 MW turbines for an unnamed wind project in the United States, a 268 MW order for two wind unnamed wind farms also in the United States, and another Brazilian order, this time for 281 MW for three wind parks across the country.
The biggest order of the last few days of July, and the second-largest order for the quarter, was a mammoth 454 MW order for another unnamed project in the United States.