Gamesa Eólica has subscribed four contracts with the Portuguese firm Tecneira S.A. for the supply of 30 Gamesa model G83-2.0MW wind turbines, which will mean the installation of a total power output of 60MW in Portugal. These contracts, which in financial terms amount to a figure approaching € 46 million, include the supply of the wind turbines, overseeing their installation and their commissioning, and also their subsequent maintenance. Of the 30 wind turbines ordered, 20 are to be delivered to the Penamacor 1 and Penamacor 3(A)-Oeste wind farms, in the district of Castelo Blanco, in eastern Portugal. The Sobral II and Arruda 1 wind farms, located close to Lisbon, will receive seven and three wind turbines respectively. The beginning of assembly work on the four wind farms is scheduled for early 2006.

Siemens Power Generation (PG) has secured another success for its new Wind Power division. The division will be executing its first offshore project in the United Kingdom and deploying its new 3.6MW turbine. For this project, Siemens PG has received an order from SeaScape Energy Ltd, jointly owned by Elsam A/S, Denmark, and EDF Energies Nouvelles, France, for the supply of 25 wind turbines for the offshore wind farm in Liverpool Bay on the west coast of England. The order is valued at over € 90 million. The construction phase will start in the spring of 2006 with completion scheduled for the autumn of 2007.

Construction recently began on a new wind farm in the Alsleben-Schackstedt region of Germany, 70 kilometres northwest of Leipzig. It will feature 37 GE 1.5MW wind turbines and will add 55.5MW of installed wind power capacity to the country’s electricity grid. The project was developed by EAB Technology Group and recently acquired by GE Energy Financial Services in its third investment in wind power generation in Germany.  Over the coming years, GE Energy Financial Services intends to increase its investment in Europe’s growing energy markets, particularly in high quality renewable energy projects such as wind power. EAB Technology Group, the project developer and construction manager, will continue as technical advisor. GE Energy’s Wind Energy Unit will provide installation and maintenance services for the project on a long-term basis.

Beijing Guotou Energy Conservation Company has selected GE Energy as the turbine supplier for two new wind farms in the Hebei and Xinjiang provinces of China. The Hebei Zhangbei Wind Project, which will be located in northeastern China, will comprise 30 wind turbines. In northwestern China, the Xinjiang Tuoli Wind Project will consist of 20 wind turbines. Both projects will utilise GE’s 1.5MW machines. In addition to the wind turbines, GE Energy will supply power engineering, technical services and special tools and training for the two new projects. The GE equipment will be manufactured at GE Energy’s wind business facilities in Germany.

Over the past few years, it has become increasingly difficult to finance German wind farms. This is partially because of the instruments applied. ‘New methods of finance, such as leasing models, are still not the norm in Germany,’ explains Frank Trauboth, Chairman of the International Project Realization committee at the German Federal Wind Power Association. One example of the new routes being taken is the Roth wind farm, which Nordex AG constructed in the North Eifel region in Germany with funding supplied by a leasing bank. A leasing company provided the capital for the turnkey completion of the wind farm, which comprises a total of 15 turbines with a nominal output of 22.5MW. The equity component was financed by Babcock & Brown, Nordex AG’s final customer. The overall project had a value of around € 25 million. ‘Following the favourable experience gained with lease financing for smallish projects outside Germany, the Roth wind farm is a model for future project financing in Germany for us,’ explains Thomas Richterich, CEO of Nordex AG. The leasing bank also wants to extend this business, particularly in Eastern Europe. However, what is important is that the pilot project proves to be economically viable. Babcock & Brown has entered into a full-service maintenance contract with Nordex.

Siemens Power Generation has announced an agreement with FPL Energy, the wholesale generation subsidiary of FPL Group Inc., for wind turbines totalling up to 600MW. Siemens will manufacture, install and commission its 2.3MW Mk II wind turbines for FPL Energy. Delivery of the wind turbines will begin in 2006 and support the planned expansion of wind-driven electricity generation projects at FPL Energy.