Vestas, the global leader in wind energy, has initiated cooperation with a new Chinese customer, Inner Mongolia Guibang Shengtai Investment Co. Ltd. (GSI).
The customer has placed a firm and unconditional order for 49 MW for a project in Huitengxile, Inner Mongolia Autonomous Region (IMAR), China, consisting of Vestas’ high performing V80 turbines. In addition to this, both parties have also signed a frame agreement of another 250 MW of wind energy projects to be developed in the coming years.
GSI is a privately owned company, whose business scope is focused on investment activities within the financial and industrial sector, and recently it has expanded its scope to include activities in the energy sector. Vestas has been chosen as GSI’s partner in its first endeavors into the wind energy business and the frame agreement indicates GSI’s ambitions within wind energy and their confidence in Vestas’ solutions.
Jens Tommerup, President of Vestas China says, “I am very pleased to be able to announce yet another new customer and valued partner for Vestas in China, and I am encouraged by GSI’s confidence in our people, technologies and services.” He continues, “We have very strong capabilities of delivering the type of services that are critical to ensuring the profitability of wind energy projects, such as wind resource mapping, and this is exactly what new entrants are looking for. We will of course work very closely with GSI to ensure their success with wind energy.”
The contract is a supply-only contract and includes delivery, supervision of installation and commissioning of the wind turbines, a VestasOnline® Business SCADA solution as well as a service and maintenance agreement. The turbines are scheduled to be delivered in the third quarter of 2011.