Vestas secures 203 MW order for Lotus project in the USA from Apex Clean Energy, Inc.

Vestas secured a 203 MW onshore wind turbine supply agreement from Apex Clean Energy for the Lotus project in the USA, announced on 2024-11-05. This contract provides Vestas, a global leader in sustainable energy solutions, with a substantial order, reinforcing its position in the USA's wind energy sector. For Apex Clean Energy, the agreement ensures critical equipment procurement for its utility-scale wind development, a direct advancement of its project pipeline. The commercial logic sees Vestas leveraging its expertise in designing and installing wind energy projects, while Apex progresses its development goals by securing essential turbine technology for a US-based asset. The specific value of this supply agreement was not disclosed. Apex Clean Energy, a leading independent developer in North America, advances its substantial 30+ GW pipeline of utility-scale wind, solar, and battery storage projects with this 203 MW order. With over 5 GW already in operation or under construction, Apex continues to execute on its development strategy in the USA. Vestas, focused on driving the transition to renewable energy, benefits from supplying a major North American developer, aligning with its global mission to install and maintain wind energy projects worldwide. This transaction confirms robust activity for onshore wind capacity in the USA, supported by developers with extensive project portfolios like Apex Clean Energy.