Intelligence
Vestas has Started the Construction of a Fully Owned Wind Project for 100 MW in Chile
2011-09-23 15:03

Vestas has started the construction of a fully owned wind project for 100 MW in Chile, the Talinay Oriente (‘Talinay East’) Wind Power Plant, which will be located in northern Chile in the Limari Province. This project, which will be constructed with the Vestas 2 MW platform, will at its completion be the largest wind power plant in Chile.

Vestas acquired full ownership of Talinay Oriente from a local developer. This is a strategic environmental decision following the Vestas principle “As green as it gets” and the company’s goal to continue increasing the share of renewable energy sources used to cover Vestas’ energy consumption worldwide and in the countries where Vestas operates, while contributing to reducing the carbon footprint.

The target for Vestas’ energy consumption to come from renewable sources by 2011 is 40 per cent, which implies that the proportion of renewable electricity will have to be increased to 95 per cent at the end of the year. With the Talinay Oriente Wind Power Plant Vestas will be able to cover all the company’s electricity needs from renewables in 2012.

Juan Araluce, President of Vestas Mediterranean, concludes: “Since we took the decision to develop Talinay Oriente, we have already received acquisition offers from several local and international companies interested in this exciting project, which will play an important role in Chile’s future energy mix. We are pleased with the interest created around this project. In case of any potential future sale of the project, Vestas will continue evaluating other investment options to support the achievement of our internal renewable energy targets.”

The construction of Talinay Oriente starts in Q3 2011 and the project is expected to be finalized in Q1 2012. Once in operation, Talinay Oriente will almost double the wind-power capacity in Chile. 

Marcelo Tokman, Vice President, Sales Region South America (excl. Brazil) states: “We believe this is a very good initiative. We are contributing to the internal objectives of raising Vestas’ electricity consumption of clean energy sources and we are supporting the Chilean Government in increasing the country’s energy independence and its share of renewables for the coming years.”

 
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