Energetica India Magazine -October 2020

to the hybrid auctions coming up in India. Vestas has helped shape India’s renewable energy industry for twenty years and over this period we have installed close to 4GW of wind turbines in India. We see India as a major focus market, and we believe the country will become one of the biggest wind markets in the world. As the turbine will be predominantly locally manufactured and sourced, it also reinforces Vestas’ existing commitment to India. Will the production facilities of Vestas in India export as well, post commencement? Which regions - you are tar - geting via these facilities? Also, how much will be the tar - geted revenue share? As a strategy, Vestas believes in ensuring optimal utilization of its production capacities and supply chain around the globe to best suit organizational interests and meet customer de- mands. Now, with introduction of the V155 – 3.3MW, a product customized for the Indian market, the focus of the Indian man- ufacturing facilities will be to cater to the Indian customers. Having said that, Vestas will continue to produce nacelles and hubs in Chennai for exports too for optimum utilization of local manufacturing capacity, mainly exporting these to the USA. Vestas is also leveraging India for exports to develop the local supply chain and one such example is our partnership with TSV in Chennai, to produce coli site sets (parts needed for assembling the turbine on site) for global projects. Recently, Vestas has introduced its new solution for the Indian market. What are its special features? Can Indian customers expect some tailor-made solutions as well spe - cific to their needs? With the introduction of the new V155-3.3MW we believe we will be able to provide an energy solution that will harness In- dia’s unique wind resources, particularly it’s low to ultra-low wind speeds. As a result, customers can expect the optimal cost of energy for the lifetime of their fleet. The new turbine has been built on the globally proven 4MW platform. The 4MW platform has been installed in more than 10,000 turbines (37 GW) in 47 countries and has a competitive and proven low cost of energy and business case certainty. energetica INDIA- October_2020 19 INTERVIEW Some of the most important features of the V155-3.3MW tur- bine include: Optimized for India • 155m rotor diameter, capturing maximum wind power in low average wind conditions. • Structural design accommodating site specific towers to meet market specific hub heights and transportation require - ments. Market leading performance • +67% larger WTG swept area compared to existing 2 MW 120 m rotors available in India. • Superior partial load production with very low 175W/m2 specific rating. • 50%+ higher energy production compared to existing 2 MW platforms available in India. • Industry leading power curve performance and Compli- ance. • Vestas’ advanced carbon aero foil blade profile, optimized for low-wind conditions. • Full-scale low voltage convertor (FSC), supporting weak grid power performance. • Large rotor to rating ratio, and with specific rating of only 175 delivering superior partial load production important in low average wind conditions. • Cyber security protection features of the global 4 MW plat- form. What are your plans for Indian market in coming years? How much investment Vestas is expected to do here? Also, factory expansion plans. Vestas has decided not to disclose the exact investment fig - ure at this point of time. However, we can tell you that Vestas will increase its already prominent manufacturing footprint in India by establishing a new converter factory in Chennai and expanding its current blade factory in Ahmedabad. These in- vestments follow our previously announced new nacelle and hub factory in Chennai, which is currently under construction. The planned production ramp-up for India will lead to creation of around 1,000 new jobs in the next year or so. It will also expand Vestas’ existing Indian supply chain and as a result, unlock the country’s broader supply chain potential. Wind energy market growth witnessed slow pace in recent