Aeris Energy Extends Wind Blade Supply Contract with Vestas Until 2028

Source: www.gulfoilandgas.com 1/15/2024, Location: South America

Aeris Energy, a leading company in the manufacture of wind blades in Latin America and one of the largest producers in the global market, has extended its contract with Denmark's Vestas to supply wind blades until the end of 2028.

The contractual amendment provides for an increase in the potential supply of wind blades of various models in a capacity equivalent to 8.8 gigawatts, considering the renegotiation of the contracted volumes for 2024. The company expects the new contract to also result in a net increase in revenues of up to R$7.6 billion by the end of 2028.

"We are excited about the partnership with Vestas and the long-term growth prospects for the wind energy sector," says Alexandre Negrao, CEO of Aeris. According to Lazard's Levelized Cost of Energy Analysis and IRENA's Future of Wind (2019), the demand for wind energy is expected to increase by 20% in the coming years worldwide, doubling installed capacity by 2030.

Since 2015, the partnership between the companies was announced. During the period, Aeris delivered wind blades resulting in more than 8.5 gigawatts of power, for the domestic and export markets.

In addition to wind blades, Aeris has a specialized inspection and maintenance services division for the fleet of wind turbines, Aeris Service. The division, created in 2013 in Brazil and with a branch in the United States since 2018, provides services such as preventive and corrective maintenance, photographic inspections, painting, cleaning, and repairs of wind blades. One of its differentials is a proprietary Specialized Training Center.


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