Technology evolution - March Eduardo Allison - Technical Bid Manager for Mexico, Central America and Caribbean

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1 Technology evolution - March 2017 Eduardo Allison - Technical Bid Manager for Mexico, Central America and Caribbean

2 Portfolio of wind solutions From siting to aftersales, our offering spans across turbines and services Expertise built from 35 years of wind industry experience 2

3 Our presence in the region Projects under construction or O&M phase # Country Projects MW 1 México Dominican Republic Nicaragua Costa Rica Guatemala Jamaica Honduras 1 60 Total 22 1,023 Platform 2MW 3MW 3

4 Current onshore platforms Proven platforms with proven track records Introduced in 2000 and incrementally improved over the years +18,000 units installed globally* +35 GW installed across 45 countries Well suited for sites with infrastructure constraints Introduced in 2010, now third generation +4,000 units installed globally* +13 GW installed across 34 countries Grid compliant across the world due to full converter solution * As of December 31,2016 4

5 The 2 MW platform is globally established and delivers efficient, robust performance

6 Evolution of the 2 MW platform Continued focus on lowering Cost of Energy 1.8/2.0 MW 2.0 MW 2.0/2.2 MW V80/90-1.8/2.0 MW built based on previous model V MW Upgrade to 2.0 MW nominal rating New 110 m rotor V MW wind class upgrade Introduction of 2.2 MW power mode +20% AEP increase since 2009* IEC I V80-2.0MW IEC II V90-1.8/2.0 MW V MW V MW IEC III V /2.0MW V MW V MW Prototype Installation 2000/2004/ * AEP=Annual Energy Production. Comparison of AEP performance in IEC II (V MW IEC II vs V MW ). Actual performance depends on site specific conditions. ** Power modes applicable, suitability and performance depends on site specific conditions 6

7 The upgraded 2 MW platform Continuous evolution delivers increased performance Adaptive Wind Sensing Advanced algorithms to calibrate upwind position and wind speed Improved cooling system Higher operational temperature (45 C) Switchgear Standard Vestas switchgear program integrated into safety system Generator Improved power production in higher temperature and altitudes Blades Aerodynamic add-ons for increased power production and sound power performance Balance of Plant Increased reactive power capability 7

8 2MW Platform turbine options Yaw Power Backup Shadow Detection Obstacle Collision Avoidance System (OCAS ) Aviation Marking (Tower/Blade/Nacelle) Load & Power Modes Ice detection Fire Suppression Low temperature option CMS Bat mitigation Low Voltage Metering - New Lightning detection system - New 9

9 Versatile: Greater configurability Maximise AEP, lower CoE for each unique site The 2 MW platform allows customers to choose the optimal turbine configuration for each unique site, supported by Vestas vast operational experience, site specific design capabilities, sophisticated load models and unique wind and site capabilities. ROTOR SIZE TOWER CONFIGURATION POWER & SOUND OPTIMISED MODES PROJECT OPTIMISATION 9 V100 V110 = 2 rotors 6 HH, up to 125m

10 The upgraded 3 MW platform adds versatility by broadening the portfolio of turbine combinations 1 0 Classification: Confidential

11 The evolution of the 3 MW platform Significant AEP increase driving down Cost of Energy % AEP increase since 2010* 3.0 MW 3.3 MW 3.45 MW V MW first member of new 3 MW Platform Upgrade to 3.3 MW nominal rating New rotors: 105m, 117m, 126m Upgrade to 3.45 MW nominal rating New rotor: 136m IEC I V MW V MW V MW V MW V MW V MW IEC II V MW V MW V MW IEC III V MW V MW YEAR OF ANNOUNCEMENT / *AEP=Annual Energy Production. Compared to V MW/V MW Actual performance depends on site specific conditions. 11

12 Power Optimised Modes to boost performance Power Optimised Modes up to 3.6 MW is available for all 3MW platform, boosting Annual Energy Production (AEP) by up to 2.5 percent* +2.5% AEP* Multiple Power Optimised Modes up to 3.6 MW Power boost consistent from 12 m/s and to cut-out *V MW with 3.6 MW Power Optimized Mode compared to V MW at 3.45 MW 12

13 Power Optimised Modes Applicability Power Optimised Modes up to 3.6 MW is available for V MW in both IEC IIIA and IEC IIB wind conditions V MW product envelope at 20 year lifetime Full range of Power Optimised Modes available for IEC IIIA & IEC IIB conditions Note 3.6 MW Power Optimised Mode requiring matching service strategy beyond 8.0 m/s to maintain 20 year lifetime 13

14 Sound Power Level, Grid, and Temperature Boosting Annual Energy Production through Power Optimised Modes has limited grid, and temperature implications Derating above +20 C ambient temperature 3.6 MW Power Optimised Mode grid performance for V MW similar to when applied to other Vestas 3 MW variants 14 Classification: Confidential

15 Broadened portfolio for greater configurability Vastly increased number of standard turbine combinations V105 V112 V117 V126 V136 = 5 rotors 16 hub heights up to 166m Power modes Load modes Operating strategy + + Site layout optimisation Grid solutions Sound power performance 15

16 Technological evolution Main highlights Expertise from 35 years of wind experience +1 GW installed Local teams throughout the region 3.6 MW mode available for 3MW platform Versatile configurations +2.5% AEP* 16

17 Thank you for your attention Eduardo Allison Ojeda Technical Bid Manager Copyright Notice The documents are created by Vestas Wind Systems A/S and contain copyrighted material, trademarks, and other proprietary information. All rights reserved. No part of the documents may be reproduced or copied in any form or by any means - such as graphic, electronic, or mechanical, including photocopying, taping, or information storage and retrieval systems without the prior written permission of Vestas Wind Systems A/S. The use of these documents by you, or anyone else authorized by you, is prohibited unless specifically permitted by Vestas Wind Systems A/S. You may not alter or remove any trademark, copyright or other notice from the documents. The documents are provided as is and Vestas Wind Systems A/S shall not have any responsibility or liability whatsoever for the results of use of the documents by you.

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