Vestas wins 84 MW order for V150-4.2 MW turbines in Vietnam

SINGAPORE,June 29,2020 -- Vestas has secured an 84 MW order to supply,transport,install and commission a total of 20 V150-4.2 MW wind turbines for a wind project in Vietnam. Working closely with the customer to understand their requirements and the site conditions,Vestas was able to customise a solution featuring the V150-4.2 MW at a hub-height of 145m to help optimise the wind energy production for the project.

The order takes Vestas' firm order intake for the V150-4.2 MW in Vietnam to over 600 MW since its first win back in March last year,underlining the turbine variant's excellent fit to deliver high and efficient energy production in Vietnam's low to mid wind conditions.

The order also includes a 20-year Active Output Management 5000 (AOM 5000) service agreement,designed to maximise energy production for the site. With a yield-based availability guarantee,Vestas will provide the customer with long-term business case certainty.

"Vestas is extremely excited about the current boom in activity in the Vietnam wind market," said Clive Turton,President of Vestas Asia Pacific. "We are thrilled to work closely with our customers and partners to bring our world-leading wind energy solutions to the market,helping Vietnam grow into a regional leader in clean energy."

The project and customer are undisclosed at the customer's request.

The construction of the project is expected to be completed in the third quarter of 2021,ahead of the current wind feed-in tariff deadline in Vietnam.

About Vestas

Vestas is the energy industry's global partner on sustainable energy solutions. We design,manufacture,install,and service wind turbines across the globe,and with more than 115 GW of wind turbines in 81 countries,we have installed more wind power than anyone else. Through our industry-leading smart data capabilities and unparalleled more than 98 GW of wind turbines under service,we use data to interpret,forecast,and exploit wind resources and deliver best-in-class wind power solutions. Together with our customers,Vestas' more than 25,500 employees are bringing the world sustainable energy solutions to power a bright future.

For updated Vestas photographs and videos,please visit our media images page on:

https://www.vestas.com/en/media/images.

We invite you to learn more about Vestas by visiting our website at www.vestas.comand following us on our social media channels:

www.twitter.com/vestas

www.linkedin.com/company/vestas

www.facebook.com/vestas

www.instagram.com/vestas

www.youtube.com/vestas