Wind Energy – Preferred Supplier Agreement
Vattenfall and Vestas have signed agreements to elevate the partnership between the two companies and their offshore wind business towards 2030.
The agreements are another step in the right direction for offshore wind energy in the UK and follow the UK Government’s recent announcement about the parameters for the next Contracts for Difference Auction round, which sent a very positive signal to renewable energy investors.
The agreements for the three projects include a preferred supplier agreement (PSA) for the 1,380 MW Norfolk Vanguard West project, comprising 92 of Vestas’ V236-15 MW offshore wind turbine.
This marks a switch in the wind turbine model planned for the projects as the developer first named Siemens Gamesa as the preferred supplier in 2021.
Vattenfall and Vestas have further signed exclusivity agreements for the Norfolk Vanguard East and Norfolk Boreas projects with a total installed capacity of 2,760 MW. The two latter projects will potentially feature up to 184 V236-15 MW turbines.
Once installed, the agreements also include that Vestas will service the projects under long-term Operations and Maintenance (O&M) service contracts. The agreements are another step forward for what will be one of the largest offshore wind zones in the world, with a capacity to power over 4 million UK homes.
