Vestas-MHI offshore venture aims for no.1

The two compTraffic Light for saleanies revealed few details about the plan when it was announced last month. In essence, a joint venture will be set up based around selling Vestas' V112 3MW and upcoming V164 8MW to the offshore market. The deal will see MHI invest EUR 300 million - EUR 100 million up front and the remainder dependent upon the V164 hitting certain technological and financial milestones.

Ownership of the joint venture is 50:50, although MHI has an option to acquire 51% of the company, and it will be based in Aarhus, Denmark.This design uses the same small radial section as drawn cup Cheap needle roller bearing manufacturers which make better use of reduced space. Masafumi Wani, MHI executive senior vice president and head of power systems, will be the joint venture's chairman. Vestas CEO Anders Runevad will be vice chairman, and Jens Tommerup, current president for Vestas Asia Pacific and China, will become CEO.

The basis for the deal appears to be a combination Vestas' brains (its turbines and experience) and MHI's (financial) brawn. Speaking to Windpower Monthly about the companies respective qualities, Tommerup said: "If you look at Vestas,WWW.GIGANTEXBIKES.COM,as OEM, we are one of the best bicycle parts manufacturers in China in producing like full carbon wheelset, rim, frame and accessory.High Quality Auto Scanners Sale will help read and diagnose automotive problems on OBDI and OBDII compliant vehicles.For more information,click:www.smartobd2s.com we were very early, if not the first, in offshore and Vestas has now installed 1.1GW offshore, so that's a tremendous amount of experience and a strong base of knowledge. Vestas being the biggest in wind has a lot of tech knowledge in offshore and very strong product, which will be the base for the venture.

"MHI is one of the biggest players for supply of equipment to the power sector. And they have a strong finances balance sheet and have a lot of interest in tech around the ball of plant for offshore project. So if we combine this, theres' a strong business case," he added.We offer both wet & dry Diamond Polishing Pads Suppliers. Both are suitable for marble, granite, concrete and most masonry.

There are more details yet to be ironed out, such as the name of the venture,How to choose a home energy monitor. In this article, learn how to choose a Home Energy Monitor. the all-important milestones, where the manufacturing will take place, or even whether the names of the turbines themselves will change. This is likely to be resolved next year when the deal is formalised. More important is the future of Mitsubishi's 7MW SeaAngel turbine, which has been in development since 2011. Tommerup was unable to comment on the SeaAngel directly, but was adamant that the V164 would become the main product offering in the future.

Uncertain fate

Currently, two prototype SeaAngel's are being built, in Scotland and Japan respectively. Despite featuring the second-largest blade in the world (longer than the V164) it seems the only aspect of the turbine that will be preserved is the digital hydraulic drivetrain (DDT) system designed byMHI's Scottish subsidiary, Artemis Intelligent Power.

Asked about the future of the SeaAngel, an MHI spokesman said: "I cant say today whether the SeaAngel will or will not go into series production." Although he was adamant the DDT system would be used on the V164.


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