The two companies have been working together since 2014 on global manufacturing and supply chain operations, based on Vestas’ specifications and requirements.
TPI is currently supplying a range of blade variants to Vestas’ 2 and 4MW platforms as well as the EnVentus platform. Vestas said TPI will continue to supply blades for these from its existing global facilities, while optimising the production setup in some.
The two will also evaluate new locations for possible future growth in strategic markets and "are equally investigating further collaboration possibilities for the V163-4.5 MW and V236-15.0 MW turbines and assessing the optimal manufacturing and production location setup for these new blades".
Vestas told Windpower Monthly it has no further details to add about the agreement or possible new locations at this time.
The new agreement is a continuation of the existing Vestas and TPI partnership agreement, and "further builds on the expanding capabilities of TPI and core strengths of both companies", the turbine company said in its statement.
The agreement is part of Vestas' strategy to optimise its supply chain and manufacturing setup. In September, the firm extended its blade supply partnership with GE's LM Wind Power to cover its V172-7.2MW turbines, following an earlier agreement for its V150-4.2MW machine.
"Sharing manufacturing operations across the renewables industry is more relevant than ever to ensure sites are not sitting idle and creates a flexible, scalable, and efficient supply chain that enables industrial scale to meet global net-zero ambitions," Vestas said.