News In Brief July 30: Vestas Offshore Wind Farm, IFC Lent $1Bn, Siemens' Hydrogen Project

Vestas Secures 795 MW Offshore Wind Farm

Vestas has received a wind turbine order for the OranjeWind offshore wind farm, formerly known as Hollandse Kust West VII, in the Netherlands.

Vestas is responsible for the supply of 53 V236-15.0 MW wind turbines and for the supply, delivery, and commissioning of the turbines. Upon completion, Vestas will service the assets under a comprehensive 5-year service agreement followed by a long-term operational support agreement.

IFC Lends $1Bn For Ghana’s Solar Project

The World Bank’s International Finance Corp. (IFC) recently extended support to a Ghanaian conglomerate for its $1 billion solar project. This project is estimated could lift the country’s solar generation sevenfold by 2030.

The IFC has lent $130 million to LMI Holdings to meet part of the investment required to build 1,000 megawatts of solar installations in the next six years, LMI Group Chief Executive Officer Kojo Aduhene said. Ghana had 141 megawatts of installed solar power at the end of 2023, according to the Energy Commission.

Siemens Energy Wins Contract For Hydrogen Project From German utility EWE