General Electric has surpassed Danish wind power company Vestas to become the world’s biggest wind turbine manufacturer. Goldwind dropped out of the top five, while Siemens shot up from ninth position in 2011 to third place in 2012. Enercon and Suzlon Group both moved up one place to take fourth and fifth place respectively. Gamesa … Continue reading General Electric now the World’s Biggest Wind Turbine Maker
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Vestas: Wind energy industry offers growth potential for Latin America
Wind power has tremendous potential for growth in Latin America, where demand for renewable energy is high in Central America and the Caribbean, while Mexico has a favorable political environment for the industry, the Mexico manager for Danish wind power company Vestas, Adrian Katzew, told Efe. “We have potential in the market, with many attractive … Continue reading Vestas: Wind energy industry offers growth potential for Latin America
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Vestas is prepared for a tough 2013
2012 was a challenging year for the wind power industry and for Vestas. Revenue amounted to EUR 7.2bn, EBIT before special items was EUR 4m and free cash flow amounted to EUR (359)m. A total of EUR 701m was recognised as special items primarily driven by write-downs. For 2013, Vestas expects shipments of 4-5 GW, … Continue reading Vestas is prepared for a tough 2013
Continue readingMitsubishi buys stake in Dutch offshore wind farm
The 43 model V112wind turbines to be provided by Vestas Wind Systems A/S (VWS) of Denmark for the Luchterduinen project will provide enough power for 150,000 households, Eneco said in the statement. Mitsubishi Corp. agreed to take a 50 percent stake in a wind park being built off the coast of the Netherlands, the second … Continue reading Mitsubishi buys stake in Dutch offshore wind farm
Continue readingVestas to supply towers for third parties for North American wind power projects
The company has signed an agreement to supply towers for a number of non-Vestas wind power projects over the next two years. Vestas is implementing its plan to create a more flexible and scalable business to adapt the company to the uncertain market situation in the wind industry. Part of this plan is to more … Continue reading Vestas to supply towers for third parties for North American wind power projects
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Soriana Bets on Wind Energy
Financing closes on 54-MW wind park in Tamaulipas Monterrey, N.L. – Organización Soriana, who with the Mexican company GEMEX and Swiss investor Grupo ECOS have formed the company Compañía Eólica de Tamaulipas S.A. de C.V. (CETSA), announce the closing of financing for the construction of its first wind energy project on the farm cooperative known … Continue reading Soriana Bets on Wind Energy
Continue readingNorth American Development Bank and Soriana Move Forward on Wind Energy
Organización Soriana, who with the Mexican company GEMEX and Swiss investor Grupo ECOS have formed the company Compañía Eólica de Tamaulipas S.A. de C.V. (CETSA), announce the closing of financing for the construction of its first wind energy project on the farm cooperative known as Ejido El Porvenir in Reynosa, Tamaulipas. The North American Development … Continue reading North American Development Bank and Soriana Move Forward on Wind Energy
Continue readingVestas receives 42 MW wind energy order for Uruguay
Vestas has received a 42 MW order from Akuo Energy for 14 units of the V112-3.0 MW wind turbine for the Minas wind power plant in Uruguay. This will be the first V112-3.0 MW wind power plant to be installed in the country. The contract for the Minas wind power plant comprises delivery, transportation, installation … Continue reading Vestas receives 42 MW wind energy order for Uruguay
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Vestas obtains final credit approval of credit facilities
With reference to company announcement No. 45/2012 of 26 November 2012, Vestas hereby confirms that final credit approval and documentation of the mentioned agreement on credit facilities has now been obtained. Vestas’ credit facilities consist of credit lines of EUR 1,155m and a corporate Eurobond of EUR 600m. In addition to the credit facilities, Vestas … Continue reading Vestas obtains final credit approval of credit facilities
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E.ON Climate & Renewables surpasses 2.5 GW milestone: Three wind energy projects, 292 wind turbines, 500 MW completed in 2012
E.ON Climate & Renewables (EC&R) North America announced today it has more than 2,700 megawatts (MW) of nameplate capacity in operation across its 18 wind farms located in 5 states. The company completed construction on three wind power projects in Texas and Indiana in 2012, totaling approximately 500 MW: –Magic Valley Wind Farm, located approximately … Continue reading E.ON Climate & Renewables surpasses 2.5 GW milestone: Three wind energy projects, 292 wind turbines, 500 MW completed in 2012
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Vestas PowerForecast strengthens Italian customers’ wind energy business
The decision of FRI-EL Green Power S.p.A. to provide its wind power plants with Vestas PowerForecast shows customers’ needs to reduce risks, increase forecast of their wind parks’ production and comply with current legal requirements. Last November, the Italian Authority for Electricity and Gas approved a new regulation covering compensation fees for imbalance charges. The … Continue reading Vestas PowerForecast strengthens Italian customers’ wind energy business
Continue readingVestas awarded wind energy for 121 wind turbines in Iowa, USA
Vestas has received a three-year extension from Alliant Energy to provide service and maintenance for 121 V82-1.65 MW wind turbines at the Whispering Willow Wind Farm – East in Iowa. Under the agreement, Alliant Energy chose the Active Output Management (AOM) 2000 service option. This consists of scheduled maintenance and VestasOnline®, a surveillance system that … Continue reading Vestas awarded wind energy for 121 wind turbines in Iowa, USA
Continue readingVestas to supply 90 MW wind turbines for Talinay Oriente wind energy project in Chile
With reference to company announcement No. 44/2012 of 20 November 2012, Vestas confirms the signature of a firm and unconditional purchase agreement for the Talinay Oriente project in Chile. Danish wind turbine manufacturer Vestas has secured a turnkey supply contract from Italy-based Enel Group for the 90MW Talinay Oriente project in Chile. The proposed project … Continue reading Vestas to supply 90 MW wind turbines for Talinay Oriente wind energy project in Chile
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Vestas sees stronger US wind energy market due PTC extension
Vestas believes strongly in the U.S. wind energy industry, and has made significant investments in the region through new manufacturing facilities in recent years. These investments contribute to creating the U.S. industrial base the PTC extension helps to sustain. The short-term PTC extension is critical to ensure projects move forward and orders are placed that … Continue reading Vestas sees stronger US wind energy market due PTC extension
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Vestas, Gamesa Advance After U.S. Extends Wind Energy PTC
Vestas Wind Systems A/S (VWS), the biggest wind-turbine maker, led gains among European peers as the U.S. Congress approved a law extending a tax credit for the industry. Shares in Aarhus, Denmark-based Vestas surged as much as 13 percent, the most in five weeks, and were up 8.7 percent at 34.64 kroner as of 12:52 … Continue reading Vestas, Gamesa Advance After U.S. Extends Wind Energy PTC
Continue readingVestas signs first 17 MW as part of a 184 MW onshore wind energy agreement in Denmark
Vestas has signed a framework agreement to deliver 184 MW over three years with a long-term Danish customer, with the first 17 MW now firm and unconditional. The deal represents the largest single onshore customer framework agreement in Vestas’ history in Denmark and points to a positive future for the Danish wind market. The first … Continue reading Vestas signs first 17 MW as part of a 184 MW onshore wind energy agreement in Denmark
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Vestas receives 54 MW wind energy order in Mexico
Vestas has received a 54 MW order for 30 units of the V100-1.8 MW wind turbine in Mexico. The contract comprises delivery, transportation, installation and commissioning of the turbines, a VestasOnline® Business SCADA system as well as a 15-year service and availability agreement. Delivery of the turbines is scheduled for the second quarter of 2013 … Continue reading Vestas receives 54 MW wind energy order in Mexico
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Vestas to supply 90MW to Enel’s wind farm in Chile
Vestas has received a 90 MW order from Enel Green Power for delivery of 45 V100-2.0 MW wind turbines. The order comes as a call-off from the global supply agreement of 400 MW with an option for an additional 1,000 MW with Enel Green Power, which Vestas announced to the market on 9 September 2010 … Continue reading Vestas to supply 90MW to Enel’s wind farm in Chile
Continue readingVestas receives 74 MW order in South Africa
Vestas has received a firm and unconditional order for 41 V100-1.8 MW wind turbines for South Africa. Vestas Wind Systems A/S (VWS), the world’s largest wind turbine maker, has received an order to install 74 megawatts worth of turbines in South Africa. The company, based in Aarhus, Denmark, plans to deliver 41 1.8-megawatt turbines in … Continue reading Vestas receives 74 MW order in South Africa
Continue readingWind energy: Dong goes onshore with Vestas 164 wind turbines
DONG Energy will now engage in a number of test activities together with Vestas in the prototype at Test Centre Østerild to accelerate the development of the V164-8.0 MW. As a consequence of the enhanced cooperation and early access to relevant test data from Test Centre Østerild, DONG Energy has decided not to build the … Continue reading Wind energy: Dong goes onshore with Vestas 164 wind turbines
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