Vestas has received a 166 MW order for 83 V100-2.0 MW turbines for the 200 MW Pleasant Valley Wind Project, located in Minnesota. The initial 34 MW were announced in connection with the company's signing the master supply agreement (MSA) in September 2013.
According to Vestas, the wind farm will be powered by its V100-2.0 MW wind turbine, which was launched in 2013 and features an improved drive train and generates approximately 13% more annual energy production than the V90-1.8 MW at medium wind speeds. In addition, the order includes a three-year active output management (AOM) 5000 service agreement. AOM 5000 is an energy-based availability guarantee that ensures the turbines are operational when the wind is blowing.
Deliveries and commissioning of the Pleasant Valley project are expected to take place in the fourth quarter of 2015. Vestas factories in Colorado are expected to be involved in manufacturing the project's nacelles, blades and towers. Following commissioning of the project, ownership of Pleasant Valley will be transferred from RES Americas to Xcel Energy.
Vestas notes the RES order completes its September 2013 MSA. Vestas says its original MSA with RES Americas included up to 610 MW in potential orders. Since this agreement was signed, RES Americas and Vestas have agreed to transfer components used for qualification for the production tax credit, as well as production slots reserved by RES Americas via the MSA, to other parties, in line with RES Americas' business model of developing and selling projects. Vestas has previously announced several of these orders independently and without reference to the original MSA with RES Americas.