German wind turbine manufacturer Senvion on Thursday signed an agreement with Saudi Arabia's Alfanar Energy to deliver turbines for up to 300-megawatt (MW) projects in Spain.
The installation and commissioning of wind turbines is planned in 2019, according to a press release from Senvion.The agreement also covers a 20-year full maintenance service for all turbines.
"This is the second agreement with Alfanar after signing 300 MW in India," Senvion said, adding the Saudi Arabian energy company had received the largest wind allotment of 720 MW in last year’s auction in Spain.
Under the contract, Senvion will supply a broad range of products including new turbine types 3.XM140 and 4.2M140, "that perfectly suit the various characteristics of the projects spread across Spain".
Senvion CEO Manav Sharma said they were "delighted to successfully reenter into the Spanish market". "This emphasizes Senvion's aspiration to globally accompany its clients with a local approach in growth markets as in India or Spain," he added.
Alfanar Energy CEO Jamal M. Wadi said, Alfanar, as a global energy development company, was targeting to develop 9,000 MW globally by 2025.
"The auction in Spain was a gateway for Alfanar to enter into the European market and we are glad that we will have global operational assets close to 1.84 gigawatts by the end of 2019," he added.
According to the statement, Spain aims to ensure that 20 percent of its energy will be generated from renewable sources by 2020. For this purpose, the country’s energy ministry held a renewable energy auction in July 2017 for a quota of 3 gigawatts of solar and wind energy installations.
Alfanar Energy is a 100 percent subsidiary of Alfanar Group, which is one of the leading players in the Middle East energy sector with a turnover of more than $2.5 billion.
