Gamesa Corp. Tecnologica SA, Spain’s largest wind-turbine producer, agreed to develop a 70-megawatt power plant for Uruguay’s state utility.
The Valentines project owned by Areaflin, a unit of state-owned utility UTE, will use 35 2-megawatt turbines, the Zamudio, Spain-based manufacturer said in a statement on its website Tuesday. Terms weren’t disclosed.
The power plant is expected to open in the third quarter of next year, and Gamesa will operate and maintain it for 15 years. Gamesa has installed 150 megawatts of capacity in Uruguay and secured contracts for an additional 170 megawatts, including this order, according to the statement.
As much as 6.4 gigawatts of wind power may be installed this year in Latin America, mainly by Brazil, Mexico and Uruguay, according to a June 8 report by Amy Grace, lead wind-power analyst for Bloomberg New Energy Finance. About 4.7 gigawatts was added last year in the region.