October 31, 2008

Vestas to Supply 23 Wind Turbines for SN Power’s Totoral Wind Farm

Danish wind turbine manufacturer Vestas has received an order for 23 units of its V90-2MW wind turbine for the Totoral project in Chile. The wind farm will be located in the region of Coquimbo, around 300km north of Santiago de Chile. The order has been placed by the Norwegian renewable energy developer SN Power.

The contract includes supply, installation, commissioning and the VestasOnline Business supervisory control and data acquisition system.

SN Power's objective is to invest in wind projects on a commercial basis in select emerging markets in Asia and Latin America. SN Power is 50% owned by Statkraft, a renewable energy company with an annual wind-based electricity production capacity of more than 750GWh.

By June 2008, Vestas had an accumulated installed wind capacity in Chile of 20MW, and the Totoral project is Vestas's first order for Chile in 2008. The Chilean market holds great potential both in the short-term as well as the long-term, according to Vestas. Chile has a non-conventional renewable target of 10% of the energy consumption by 2024.

When completed, the Totoral project is expected to be the largest wind farm in Chile. Delivery of the wind turbines is scheduled to start in April 2009, and the project will be completed during the second quarter of 2009.

The wind farm will have an estimated annual production of 100GWh. When completed, the facility will be able to satisfy the energy needs of approximately 20,000 Chilean households.