Global Infrastructure Sherpa

ENERCON and Soler sign contract for 104 MW of wind turbines for Luxembourg

Type: Supply Agreement · Technology: Onshore Wind · Country: Luxembourg · Capacity: 104 MW · Announced: 2024-09-25

ENERCON secured a contract to supply 104 MW of wind turbines to Soler for a new wind farm development in Luxembourg. This project represents a significant contribution to Luxembourg's renewable energy capacity,.

Analysis

The `2024-09-25` announcement confirms `Enercon` will supply `104 MW` of `onshore wind` turbines to `Soler` for a new project in `Luxembourg`. This `supply_agreement` secures critical equipment for `Soler`'s development, ensuring the availability of turbines for their `Luxembourg` wind farm. For `Enercon`, this represents a direct order for `104 MW` of its turbine technology, bolstering its manufacturing pipeline. The deal structure, a direct `supply_agreement`, indicates `Soler` is moving forward with a specific project requiring immediate equipment procurement. While the `value` remains `not disclosed`, the commitment to `104 MW` of `onshore_wind` capacity in `Luxembourg` suggests a substantial capital expenditure for `Soler`'s development. This transaction directly contributes to `Luxembourg`'s `renewable energy` targets by facilitating the construction of new `onshore_wind` generation. For `Enercon`, this `104 MW` `Luxembourg` contract expands its recent activity as a turbine supplier, following its involvement in an `onshore wind` acquisition deal in `Türkiye` where `Reges Elektrik` acquired the `Demirli W` project. This demonstrates `Enercon`'s continued role in providing core technology for new `wind farm` developments across different `European` markets. `Soler`, without a disclosed track record in the provided data, appears to be advancing its `Luxembourg` `onshore_wind` project by securing a key component from `Enercon`. The absence of prior deal summaries for `Soler` suggests this `104 MW` `supply_agreement` could be an early, but significant, step in building out its `renewable energy` portfolio in `Luxembourg`. The commitment by `Soler` to procure `104 MW` of turbines from `Enercon` indicates continued developer activity for `onshore wind` projects across `European` geographies.

Key points

Counterparties

Source article