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French and Brazilian firms sign deal to equip world’s biggest onshore wind project
French and Brazilian firms are working together in a EUR 450m (USD 587m) deal to equip the world's biggest onshore wind project. Alstom Renewable Power, which has headquarters in France, and Renova Energia, a leader in wind power generation in Brazil, have signed the first contract, as part of an agreement announced earlier this year, to supply equipment to a series of wind farms in the BRIC country's Bahia State.
The wind farms will represent a capacity of 513MW out of the 1,200MW of the frame agreement. The equipment will be delivered from 2015 onwards and will generate revenues starting into fiscal year 2014/15.
The partnership between Alstom and Renova covers one of the biggest projects in the global onshore wind market. Further contracts will follow this first milestone in the coming years to fulfil the total amount of wind turbines agreed between the companies.
Jérôme Pécresse, president of Alstom Renewable Power, said:"It is the first contract of all the projects which will be worth a total of more than EUR 1bn. These projects will generate at least 1.2GW of electricity and double the current wind generation capacity in Brazil."
The agreement signed in February includes the supply, operation and maintenance services of around 440 onshore wind turbines in Brazil. These turbines will be manufactured in Alstom's plant in Camaçari, in the state of Bahia. Alstom has committed to establish a wind cluster in Bahia in partnership with other companies for the production of the main components of the turbines.
Alstom's ECO100 onshore wind turbine platform is composed of the ECO122, ECO110 and ECO100 wind turbines, with a unit capacity from 2.7 to 3MW. The company said it is one of the most proven platforms in the wind market. Alstom has more than 2,500 turbines currently installed or under construction across more than 150 wind farms worldwide, representing a total capacity of over 3,800MW.