Siemens Gamesa inks close to 1 GW of deals for newest wind turbine released 18 months ago

wind turbine
Siemens Gamesa 5.X - 3D view (SG 5.8-155 and SG 5.8-170)

Siemens Gamesa announced today that it has closed the largest order to date for its 5.X platform, in a new deal to supply 372 MW of the SG 5.8-170 turbine for the Björnberget project in Sweden.

The wind farm, owned by asset manager Prime Capital and independent power producer Enlight, will be one of the largest onshore wind projects to start construction in Europe this year and brings the total order entry for the Siemens Gamesa 5.X to 1 GW in just 18 months since its launch.

It also consolidates the partnership between Siemens Gamesa and Prime Capital in Scandinavia, with close to 1 GW of projects. 

Using optimaflex technology, the 60 units of the SG 5.8-170 will operate at 6.2 MW, which combined with the largest rotor in the onshore segment leads to a very high Annual Energy Production (AEP) and the lowest cost of energy, according to Siemens.

The company believes that it is these features that have positioned the Siemens Gamesa 5.X as the benchmark technology in the market, which plans to phase out its green certificate system. 

The wind turbines have been certified for a 30-year lifetime and will be covered by a 15-year service agreement. Installation is expected in 2022. Once commissioned, Björnberget will be the largest Siemens Gamesa project in the Nordics. 

“I am delighted to see our partnership with Prime Capital strengthened as well as welcoming Enlight as a new customer. This deal shows the trust that both long-standing as well as new customers have in the Siemens Gamesa 5.X technology, which is leading the Nordics market thanks to its unmatched reliability and competitiveness,” stated Andreas Nauen, Siemens Gamesa CEO. 

“The partnership with Siemens Gamesa, access to their latest technology and our focus on optimizing layouts for maximum production and minimal construction costs, will enable us to realize this project at a very competitive levelized cost of energy, and hence attractive risk adjusted returns for our investors” added Dr. Mathias Bimberg, Head of Infrastructure at Prime Capital. 

The deal also marks the first investment of the Prime Green Energy Infrastructure Fund (PGEIF), a vehicle created to invest in large scale wind-powered energy assets in the Nordic countries, with no reliance on government support and with the lowest levelized cost of electricity in Europe.

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