Ireland

Ireland

Sinovel to enter the Irish wind energy market

IRELAND: China's biggest wind turbine manufacturer Sinovel is set to enter the Irish market in a deal with developer Mainstream Renewable Power that could see 1GW of wind projects built over the next five years.

Sinovel and Mainstream claim the deal would create opportunities for local supply chain companies in Ireland – provided the government commits to long-term targets for wind.

The projects to be supplied have been acquired by Mainstream in the later stages of development. Barry Lynch, Head of Procurement & Project Development at Mainstream adds: "We are currently acquiring more mid to late stage developments as well as progressing our own green-field developments for delivery from 2014 onwards."

Mainstream recently opened an office in Beijing to forge relationships with Chinese technology suppliers looking to access its portfolio of 16GW of wind and solar projects in Europe, the Americas and Africa.

Eddie O’Connor, Mainstream’s founder and CEO says: "This is our second deal with a leading Chinese wind energy company in six months and for us it is just the beginning. We have the global portfolio of projects, they have the world-leading technology which is ready to deploy cost-effectively and at scale.  It’s a great fit."

Sinovel’s Senior Vice President Lecheng Li says that the first of the projects in Ireland will go into construction later in 2011.

"We plan to supply Mainstream with a steady flow of turbines through 2012 and 2013 reaching an average of 250MW per annum from 2014 onwards.  As we gain certainty on project execution schedules we will review our plans for localising operation and maintenance activities as well as possible component manufacturing."

Mainstream is also working with Goldwind on the 106.5MW Shady Oaks project in Illinois, US. The project is set to be completed by the end of the year.

 

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