RES, the world’s largest independent renewable energy company, has signed a letter of intent to include Modvion’s wooden wind turbine towers in future wind energy projects. The agreement, signed with RES, will ensure that RES wind farms become some of the most sustainable in the world. The agreement outlines a future order of Modvion towers worth approximately 4 billion Swedish krona.
The partnership means that RES Nordics will promote Modvion’s modular, wood-based, tower technology to their wind turbine suppliers. The goal is for turbine manufacturers to purchase wooden towers to use in RES developed wind farms. Switching from emission intensive materials, like steel and concrete, to a renewable material like wood enables drastic reductions in emissions. The wood also stores carbon, so the tower acts as a carbon sink, thereby reducing emissions for the entire turbine by 30%.
“Innovative solutions that make our renewable energy projects even more sustainable is something that we want to promote,” said Matilda Afzelius, CEO at RES in the Nordics. “RES has committed to the Science Based Target Initiative which focuses on halving emissions before 2030 and achieve net-zero emissions before 2050 and innovations such as Modvion’s are beneficial for reaching such targets.”
The agreement goes on to say that Modvion will continue to supply RES developed wind farms with around 20 towers per year from 2026 to 2036. This represents an order for Modvion of around 4 billion Swedish krona.
“RES shares our vision of a future with carbon-neutral wind power,” said Otto Lundman, CEO at Modvion. “RES wind farms will become the most sustainable in the world when we provide emission free towers. We need more companies like RES to lead the way in building renewable energy with renewable materials.”
Modvion’s patented innovation is also beneficial when it comes to building tall towers, something the industry is striving for. Laminated wood is stronger than steel at the same weight, so building with wood means lighter towers and less need for expensive reinforcements. The towers are built in modules that can be easily transported on standard trucks on public roads, without the need for road-closures.
“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. As well as something that aligns with RES’ vision to create a future where everyone has access to affordable zero carbon energy,” said Matilda Afzelius.
Facts on wooden wind turbine towers
Facts on wooden wind turbine towers can be found here.
For more information, please contact:
Sara Woodgate, Communication Manager, Modvion: +46 (0) 76 031 0450, sara.woodgate@modvion.com
Otto Lundman, CEO, Modvion, +46 702-72 06 24, otto@modvion.com
Rebecca Hjerpe, Pressansvarig, RES: +46 765 64 84 46, rebecca@heycommunication.com
Press photos
High-resolution press images from Modvion can be found here.
About Modvion
Swedish wood technology company Modvion develops demanding designs made of laminated wood, nature’s carbon fibre, for large-scale applications. Wooden designs enable radical reductions in emissions by replacing emission-heavy material such as steel and concrete. Thanks to their patented module system, Modvion has been able to develop wind towers at decreased manufacturing costs and more efficient transportation for installations of tall towers. The operation is part-financed by the Swedish Energy Agency, the Västra Götaland region and the EU program Horizon 2020 EIC Accelerator.
About RES
RES is the world’s largest independent renewable energy company. At the forefront of the industry for over 40 years, RES has delivered more than 23GW of renewable energy projects across the globe and supports an operational asset portfolio exceeding 10GW worldwide for a large client base. RES employs more than 2,500 people and is active in 11 countries working across onshore and offshore wind, solar, energy storage and transmission and distribution.
