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Vestas Wins Largest South African Order from EDF

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Aug. 1 (Bloomberg) -- Vestas Wind Systems A/S will supply 105 megawatts of wind turbines to Electricite de France SA’s Innowind unit, its biggest ever order in South Africa.

The deal is to supply 35 of its V112 3-megawatt turbines to Innowind’s Chaba, Waainek and Grassridge sites, Aarhus, Denmark-based Vestas said today in an e-mailed statement. The agreement also includes a 10-year servicing contract.

Vestas is chasing orders in developing nations as demand in traditional European markets and the U.S. slows. Chief Sales Officer Juan Araluce said in June that he expects “significant growth” in emerging markets, and today’s order is at least the third this year for the Danish manufacturer in South Africa.

“These projects mark another important step in further developing this promising wind market,” Thomas Richterich, a Vestas official, said in today’s statement. The three wind-power projects are financed by South Africa’s Industrial Development Corp. and ABSA Group Ltd., according to Vestas.

South Africa plans to add 3,725 megawatts of renewable energy capacity by the end of 2016 and another 3,200 megawatts by the end of the decade to curb reliance on coal for power.

Vestas on July 3 said it won a 93-megawatt order in South Africa from Cennergi, a joint venture between Exxaro Resources Ltd. and Tata Power Co. It said on June 11 that it won a 94-megawatt order from a GDF Suez SA-led project in the country.

To contact the reporter on this story: Alex Morales in London at amorales2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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