RES plans to promote the use of wooden towers to its wind turbine suppliers for future projects in the Nordic markets and has even committed to ordering some SEK 4 billion (USD 354.2m/EUR 365.3m) worth of products from a particular manufacturer.
The UK-based renewables developer said today it has entered into a letter of intent (LOI) with Swedish wood technology company Modvion, which makes modular towers based on laminated wood rather than steel or concrete.
The pact calls for RES Nordics to promote Modvion’s offerings and purchase around 20 of its wooden towers per year in the period 2026-2036, representing an order of the above-mentioned sum.
RES noted that in addition to enabling drastic reductions in emissions, utilising wooden towers would make it easier to transport the units as they are built in modules and would even allow for erecting taller towers.
“In order to generate the most cost-efficient wind energy we need to build taller turbines. That’s where Modvion’s solution becomes very interesting. Being able to reach the stronger winds at heights of 290 metres, while reducing emissions, is an offering that we want to include in our projects as soon as possible,” said Matilda Afzelius, CEO at RES in the Nordics.
(SEK 1 = USD 0.089/EUR 0.091)
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