The firm and unconditional order from MidAmerican Energy qualifies for the Production Tax Credits (PTC).

In June this year, Vestas signed a conditional agreement to deliver wind turbines for the $3.6bn Wind XI project.

As per the deal, the Danish firm agreed to supply and commission 1,000 units of its V110-2.0 MW wind turbines to the site in the period 2016-2019.

The conditional agreement also includes provisions for Vestas to deliver 100% of MidAmerican's 2016 PTC Safe Harbor components.

It also includes a 5-year active output management (AOM) 4000 service agreement with options to extend it for up to 10 years.

MidAmerican Energy has recently secured approval from the Iowa Utilities Board for the Wind XI project.

Vestas plans to supply the remaining turbines for the project through partial deliveries under the master agreement.

Vestas’ US and Canada sales and service division president Chris Brown said: “As the only state to generate more than 30% of its energy from wind, Iowa leads the country in delivering wind energy’s economic and environmental benefits to its communities, and it’s an honor to be a part of the largest wind project in the state’s history.”

MidAmerican Energy president and CEO Bill Fehrman said: “Wind energy helps us keep prices stable and more affordable for customers. It provides jobs for Iowans and other economic benefits for our customers, communities and the state. Wind energy also contributes to a cleaner environment for everyone."

 


Image: Vestas to supply 214MW wind turbines to MidAmerican Energy for its project in Iowa, US. Photo: Courtesy of Photokanok/FreeDigitalPhotos.net.