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    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

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    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

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    UK Government grants consent for Vattenfall’s Norfolk Vanguard Offshore Wind Farm

    New DNV GL class rules for floating offshore wind energy expands industry horizon

    Norway to launch 1.5 gigawatt offshore wind tender

    Atlas and Hitachi to develop energy storage systems for renewable projects

    Velto Renewables supports the 360 MW offshore wind farm London Array

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    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Array Technologies increased revenue 35% to US$872.7 million in 2020

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    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    GE Renewable Energy connects the world's most powerful hydro unit to the grid in Wudongde, China

    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

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    Ferroglobe completes sale of Spanish hydro facilities to TPG Sixth Street Partners

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Summit Energy Services Announces Merger with Schneider Energy Consulting

    SeaMade secures €250m European loan for Belgian offshore wind farms

    SeaMade secures €250m European loan for Belgian offshore wind farms

    Xcel Energy agrees to buy Mankato Energy Center for $650m

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    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

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    Lightsource BP pioneers UK's first night-time solar service

    Altus Power and Heliene Establish Strategic Partnership to Support U.S. Solar Module Manufacturing

    EDP signs a Build & Transfer Agreement for a 200 MWac solar project in the U.S.

    I&M is Powering the Next Tomorrow with Plans to Add More than 2,000 MW of Solar

    WindEurope Annual Event 2022 in Bilbao - Registrations Open, Conference Programme Available

    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

    RWE chooses Chantiers de l'Atlantique as key supplier for its F.E.W Baltic II wind farm - design, construction and installation of the electrical offshore substation

    RWE chooses Chantiers de l’Atlantique as key supplier for its F.E.W Baltic II wind farm – design, construction and installation of the electrical offshore substation

    EGAT deploys Siemens software solutions for the worlds largest Hydro-Floating Solar Hybrid Project

    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

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    GE’s digital power transformers selected for multiple projects across the globe

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Vestas plans to open 400 MW wind power plant in Saudi Arabia

in News, Wind Energy
Vestas plans to open 400 MW wind power plant in Saudi Arabia

Vestas Wind Systems, the world’s largest wind turbine maker, plans to inaugurate one of the largest wind energy plants in Saudi Arabia in the next few months and is setting up a regional HQ in the kingdom as more projects will be sought in the Middle East, CEO Henrik Andersen said.

The Dumat Al Jandal wind farm in the northern part of the country will have 400 MW capacity and is in partnership with the UAE’s Masdar and EDF, Andersen told reporters on the sidelines of the Future Investment Initiative in Riyadh. The project was started in 2013 and “is actually big scale now and it works,” he said. When wind is measured at 85 to 125 meters above ground, it becomes “very attractive” economically, he said. “Since 2013 the levelized cost of energy and technology has improved so much,” he said. The company will “absolutely” be bidding for more projects in the region, he said.

Vestas has more than 70,000 turbines installed globally, replacing 220 million mt of CO2 every year, he said. The wind market for power grew to 770 GW in 2020 from 12 GW in 2000 and 185 GW in 2010, he noted. While Vestas does not yet have any wind power plants in the UAE, he said “we probably will. I was with certain of the decision makers over the last couple of weeks. It’s coming up and it’s being planned.” He wouldn’t say who he met with or where.

Saudi Arabia will be the company’s regional HQ, as opposed to today when the regional business is “very much” based out of Dubai, he said.

Vestas needs to have the people and the technology on the ground to keep expanding with more projects that are expected in the region, he said. The decision is unrelated to Saudi Arabia’s call for companies to have regional HQs in the kingdom to qualify for government tenders, he said. “You have to move both the competence, the people and the technology where we can also make the biggest step. We are also here to see that the technology will help us along. And today that technology is very important that it can scale hand in hand in this energy transition.”

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News

bp to invest up to £18 billion in UK energy system by 2030

May 14, 2022
Giant offshore wind energy projects to be built in Irelands seas
News

Kier to deliver onshore converter station for offshore wind project in the north east

February 19, 2022
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