Tag Archives: Vestas

Vestas – Interim financial report, first quarter 2019

Revenue on par with last year’s first quarter while earnings and free cash flow decreased. Solid order intake and combined order backlog at all-time high level. Guidance for 2019 maintained.  In the first quarter of 2019, Vestas generated revenue of EUR 1,730m – an increase of 2 percent compared to the year-earlier period. EBIT before … Continue reading Vestas – Interim financial report, first quarter 2019

Continue reading

Anders Runevad to step down as Vestas CEO

Vestas today announces that Anders Runevad is stepping down as Group Chief Executive Officer and President of Vestas on 01 August 2019, and will be replaced by Henrik Andersen, currently Group CEO of Hempel A/S and member of Vestas’ Board of Directors. The appointment follows Vestas’ long-term succession planning, which will see Anders Runevad staying … Continue reading Anders Runevad to step down as Vestas CEO

Continue reading

Wind energy in Finland: Vestas wind turbines for a wind farm

Vestas has received a 71 MW wind power order from VALOREM, a major player in the French wind energy market, for the Saunamaa and Suolakangas wind farm projects located in southern Finland. The wind farms are VALOREM’s first in Finland. To maximise power production and cater for local tip height requirements, the Saunamaa project will … Continue reading Wind energy in Finland: Vestas wind turbines for a wind farm

Continue reading

MHI Vestas Installs Norther Wind Turbines in Record Time

Average installation time for the company’s latest wind energy project is half of the installation time at Burbo Bank Extension. Reflecting the company’s dedication to operational efficiency and continuous improvement, the installation team at MHI Vestas Offshore Wind, in partnership with Norther NV and Van Oord, completed the safe installation of Norther’s 44 V164-8.4 MW … Continue reading MHI Vestas Installs Norther Wind Turbines in Record Time

Continue reading

Wind energy in Poland: Vestas wind turbines for a wind farm

Vestas has received a 132 MW wind power order from Windfarm Polska III sp. z o.o., owned by Stadtwerke München (SWM), for the Jasna wind power project Pomorskie Voivodship, in northern Poland. Underlining the strong competitiveness of wind energy, the project was awarded at the Polish wind-solar energy auction held in November last year, which … Continue reading Wind energy in Poland: Vestas wind turbines for a wind farm

Continue reading

Vestas to acquire minority stake in SOWITEC

As the cheapest source of electricity in several parts of the world, wind energy has taken a key role in the global energy transition, unlocking growth opportunities in new markets and customer segments for Vestas. To grasp these opportunities, Vestas is executing our strategy to invest in technology and commercial capabilities beyond wind energy technology, … Continue reading Vestas to acquire minority stake in SOWITEC

Continue reading

E.ON builds new major wind farm in the USA

E.ON announces the start of construction on a new major project in the USA. The first foundations for the turbines of the Cranell wind farm have been cast in Refugio County, Texas. The 220-megawatt project will be brought online this year. Cranell will be powered by 100 wind turbines from the manufacturer Vestas and will … Continue reading E.ON builds new major wind farm in the USA

Continue reading

Siemens Gamesa demonstrates its capabilities in Poland

First full-scope multibrand service contract signed in Europe for two wind farms in Poland with a total of 29 Vestas wind turbines. Long-term service and maintenance contract secured for 58MW with Polenergia Siemens Gamesa Renewable Energy (SGRE) has secured its first full-scope contract for the service of turbines supplied by other Original Equipment Manufacturers (oOEM) … Continue reading Siemens Gamesa demonstrates its capabilities in Poland

Continue reading

Vestas Wind Systems A/S’ Annual General Meeting on 3 April 2019

On 3 April 2019, the Annual General Meeting of Vestas Wind Systems A/S was held in accordance with the below agenda. As of today, the Board of Directors of Vestas Wind Systems A/S has decided that only the Group President & CEO and the Executive Vice President & CFO shall be registered with the Danish … Continue reading Vestas Wind Systems A/S’ Annual General Meeting on 3 April 2019

Continue reading

Vestas develops cost-competitive solution to secure 47 MW subsidy-free wind power project in the UK

Douglas West Wind Farm Ltd, owned by Greencoat UK Wind plc, has placed an order with Vestas for a 47 MW project to be located in South Lanarkshire, Scotland. Underlining onshore wind’s status as the most cost-competitive energy source, the project will be UK’s first standalone merchant wind park progressing to be built without any … Continue reading Vestas develops cost-competitive solution to secure 47 MW subsidy-free wind power project in the UK

Continue reading

MHI Vestas To Supply Five V164-9.5 MW Wind Turbines for Kincardine Floating Offshore Wind Farm in Scotland

With a maximum capacity of 50 MW, and MHI Vestas now confirmed, Kincardine looks to set a new standard in floating offshore wind as the industry advances toward utility scale projects. MHI Vestas Offshore Wind confirms a firm order, signed in 2018 with Spanish developer and construction company Cobra Group, part of the ACS Group, … Continue reading MHI Vestas To Supply Five V164-9.5 MW Wind Turbines for Kincardine Floating Offshore Wind Farm in Scotland

Continue reading

Fred Olsen deploys ZX Lidars at Högaliden wind farm

Fred. Olsen Renewables places order with ZX Lidars for integrated nacelle wind Lidars on every wind turbine at the 105 MW Högaliden Wind Farm Fred. Olsen Renewables, a leading global developer, owner and operator of renewable energy assets has confirmed its most recent order of wind turbines features nacelle Lidar for both wind farm performance … Continue reading Fred Olsen deploys ZX Lidars at Högaliden wind farm

Continue reading

Vestas win 43 MW wind power order in Taiwan

Vestas has received an order from Foxwell Energy, a subsidiary of Foxlink Group, and TCC Green Energy, a subsidiary of TCC Group, for the 43 MW Changhua wind farm in Taiwan. Working closely with the project owners to understand their requirements and the site constraints of the project, Vestas was able to customise a solution … Continue reading Vestas win 43 MW wind power order in Taiwan

Continue reading

Vestas has received an order for 220 MW of V120-2.2 MW turbines for a wind project in the USA

Underlining Vestas’ ability to deliver optimised project performance and reliability, the order includes supply and commissioning of the turbines as well as a 25-year Active Output Management 5000 (AOM 5000) service agreement. “We are proud to expand our 2 MW platform footprint and to have been chosen to perform long-term service at the site”, said … Continue reading Vestas has received an order for 220 MW of V120-2.2 MW turbines for a wind project in the USA

Continue reading

Novatus Energy extends service agreements to 20 years with Vestas for 1,043 MW fleet in the U.S.

Novatus Energy has signed long-term comprehensive service agreement extensions with Vestas across seven wind projects totalling 1,043 MW in the U.S. The agreements extend the original Vestas service contracts at the projects from their original ten-year terms, to 20-year terms from their respective project commercial operation dates. “We are excited to extend our working relationship … Continue reading Novatus Energy extends service agreements to 20 years with Vestas for 1,043 MW fleet in the U.S.

Continue reading

Vestas receives 143 MW order in USA with 30-year service agreement

Copenhagen Infrastructure Partners (CIP) has placed an order for 143 MW of V126-3.45 MW turbines for the Bearkat II Wind project in Texas. Bearkat II is the second phase of the Bearkat project, following the successful 2017 commissioning of the Bearkat I project, which also featured V126-3.45 MW turbines. Including previously purchased components, the project … Continue reading Vestas receives 143 MW order in USA with 30-year service agreement

Continue reading

ENGIE places 361 MW order of V150-4.2 MW wind turbines in Brazil

Vestas has received a 361 MW order to supply and install 86 V150-4.2 MW wind turbines for the Campo Largo Phase 2 wind park to be located at Sento Sé and Umburanas municipalities, State of Bahia. The order has been placed by ENGIE Brasil, the largest private energy producer in Brazil. “This first project with Vestas … Continue reading ENGIE places 361 MW order of V150-4.2 MW wind turbines in Brazil

Continue reading

Vestas secures 206 MW wind power order in Brazil for the V150-4.2 MW wind turbines

The French multinational company Quadran International has through its subsidiary Quadran Brasil, placed an order for the 206 MW Serrote wind farm to be located at the municipality of Trairí, in the state of Ceará. The contract includes the supply and installation of 49 V150-4.2 MW wind turbines with a 125-meter hub height. The power … Continue reading Vestas secures 206 MW wind power order in Brazil for the V150-4.2 MW wind turbines

Continue reading

Vestas debuts V136-4.2 MW wind turbines in Denmark for the country’s first subsidy-free wind farm

Vestas has received a milestone order from Hirtshals Havnefond for a 17 MW project in Denmark that will be the country’s first utility-scale subsidy free wind park. Located directly on the waterfront in the Port of Hirtshals in the northwestern part of Denmark, Vestas has developed a solution customised to the site’s medium to high … Continue reading Vestas debuts V136-4.2 MW wind turbines in Denmark for the country’s first subsidy-free wind farm

Continue reading

Vestas to strengthen Mercury’s renewable portfolio by delivering its first wind power asset

New Zealand-based electricity generator and retailer Mercury has signed an engineering, procurement and construction contract with Vestas for the 119 MW Turitea Wind Farm. The project will be Mercury’s first wind asset globally, adding a new source of renewable generation to its current hydro and geothermal renewable portfolio. The Turitea Wind Farm is situated at … Continue reading Vestas to strengthen Mercury’s renewable portfolio by delivering its first wind power asset

Continue reading