The contract was signed during July-September 2017.

The project is being constructed on Kvitfjell and Raudfjell mountains near Tromsø in northern Norway. While 47 units will be installed on Kvitfjell, another 20 units will be installed on Raudfjell.

Each turbine is rated at 4.2MW, and the project is expected to generate 281.4MW.

The ‘Nordlicht’ project, which is scheduled for commissioning in 2019, will supply clean energy for 50,000 Norwegian households.

The turbines will be installed on steel towers at hub heights of 85 meters, and all units will feature de-icing technology and digital load control.

An agreement for service and maintenance, which includes 24/7 monitoring of the condition of the turbines, has also been signed. This monitoring is expected to extend the turbine lifetime and ensure output for over 20 years.

German pension fund Ärzteversorgung Westfalen-Lippe (ÄVWL) is the major investor in the project and Siemens Financial Services division is a co-investor.

Financial services provider and asset management firm Prime Capital has structured and managed the transaction.

Siemens energy management division will provide grid connection and energy transmission technology.

Siemens Gamesa CEO Onshore Ricardo Chocarro said: “We are proud to install the Nordlicht onshore wind power plant since Norway is an important wind market with excellent wind conditions and appropriate sites.”

“This project shows the strength of Siemens Gamesa Renewable Energy to provide an extended scope due to our close collaboration with divisions of Siemens AG.”