Search results for: Vestas

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  • 1 July 2014

    Knud Bjarne Hansen, board member elected by the employees, has announced that he will retire from the Board of Directors of Vestas Wind Systems A/S as per 1 July 2014, as Knud Bjarne wants to dedicate all his efforts to supporting Vestas’ joint venture, MHI Vestas Offshore Wind A/S. Chief Specialist Kim Bredo Rahbek, employed […]

  • 28 February 2011

    Today, there are rumours in the market regarding Vestas being selected as supplier for a 252 MW offshore project in Germany.   Vestas can confirm that an agreement has been reached between the German company PNE WIND AG and Vestas regarding supply of turbines for the project Gode Wind II. The agreement is conditioned by […]

  • 8 April 2011
    Business & Finance

    Today there are rumours in the market regarding Vestas being in final negotiations for an offshore project in Belgium. Vestas can confirm that negotiations between Eldepasco and Vestas are ongoing, but Vestas has not yet received a firm and unconditional order for the project. If the negotiations between the customer and Vestas will result in […]

  • 5 March 2015
    Business & Finance

    Danish wind turbine manufacturer, Vestas, has placed a new green corporate Eurobonds for a principal amount of EUR 500m. The bonds with seven-year maturity were received well by the European investors. “This green bond allows Vestas to diversify and optimise its funding structure in favour of longer term funding at attractive terms,” says Marika Fredriksson, Executive Vice President and […]

  • 8 November 2011

    Caterpillar Inc. and Vestas Wind Systems have reached a 10-year, global agreement to remanufacture wind turbine components. Vestas, of Aarhus, Denmark, is the world’s leading wind turbine manufacturer, with an installed base of 44,500 turbines. Vestas has chosen to enter this agreement to ensure remanufacturing services of high quality and at a competitive price for […]

  • 20 September 2011

      Published by Harvard Business Review Press, the book took the authors Clayton Christensen, Jeff Dyer and Hal Gregersen six years to study some of the world’s biggest and most innovative companies to discover which companies were placing innovation at the forefront of success. From this analysis Vestas was ranked 11. The authors said Vestas […]

  • 4 February 2014
    Business & Finance

    Vestas issued its annual report for 2013 today, saying that its revenue, EBIT and free cash flow exceeded expectations. An information meeting was held today in Copenhagen, Denmark, where Group President & CEO Anders Runevad and Executive Vice President & CFO Marika Fredriksson provided a deeper insight into Vestas’ financial state and its 2014 outlook. […]

  • 22 August 2012

    Vestas had previously announced the workforce would be reduced by 2.335 by the end of 2012, these reductions are ahead of schedule and to reach that number 1.100 employees will be made redundant by the end of September 2012. Further employees will then be made redundant before the end of the year bringing the total […]

  • 30 December 2010

    With reference to Vestas Wind Systems A/S’ company announcement No. 51/2010 of 30 December 2010, Vestas has received an order from PROKON Energiesysteme GmbH for 70 V90-2.0 MW turbines for a series of wind energy projects in Poland. The V90-2.0 MW turbines will be placed at several wind farms across Poland, with a total combined […]

  • 9 October 2013
    Business & Finance

    As part of Vestas’ turnaround plan announced in January 2012 and as also restated in the interim financial report for the second quarter of 2013, Vestas has been negotiating with potential buyers of Vestas’ machining and casting units. These negotiations have now been finalised with the signing of a binding sales and supply agreement after […]

  • 23 November 2010
    Business & Finance

    Vestas is pleased to officially announce the opening of its office in Berlin, which will allow Vestas to better serve its customers in Eastern Germany and to better participate in important national debates about wind energy policy in Europe’s largest wind energy market. The office opening was celebrated by Vestas’ customers, key political representatives and […]

  • 12 August 2014

    “Vestas Wind,” the first-ever Danish boat to compete in the Volvo Ocean Race, will showcase Vestas’ products and services, enhance customer relations and bolster Vestas’ profitable growth strategy on its race around the world. Starting in October, the Volvo Ocean Race will embark on its 12th edition, calling at 11 ports and taking sailors on […]

  • 27 August 2010
    Business & Finance

    The negotiations following last week’s announcement of layoffs in Denmark have now been concluded. 154 employees in Vestas Nacelles and Vestas Blades are expected to be laid off. Agreements for work sharing means that the number of employees to be laid off in Denmark will be approx. 154 rather than the 300 announced last week. […]

  • 12 May 2015

    Anders Monrad Rendtorff, currently Senior Vice President and Head of Communications and Human Resources at Coloplast, will join Vestas in his new position starting on September 1, 2015. He succeeds Morten Albæk, who will remain with Vestas until June 30, 2015. Vestas CEO Anders Runevad says, “I am delighted that Anders Monrad Rendtorff will join […]

  • 28 August 2012
    Business & Finance

    Today, there is information in the market that Vestas is in dialogue with Mitsubishi Heavy Industries. Vestas can confirm that there is an ongoing dialogue between the two companies regarding a potential strategic cooperation. If the dialogue results in an agreement, Vestas will make a company announcement on the issue immediately thereafter. Vestas discloses this […]

  • 3 October 2015

    A chemical store that is part of Vestas’ facility for the development of large wind turbine blades on Isle of Wight caught fire today afternoon. After receiving a call around 3 pm, three firefighting crews have been working on containing the blaze using a breathing apparatus and a hose, the local media reported. Vestas’ Isle of Wight […]

  • 22 June 2012
    Ports & Logistics

    Port of Sheerness and Vestas have jointly announced that further development of a Vestas facility at the port will not proceed at this stage. Port of Sheerness and Vestas thank both the local council and community for their great co-operation to date.  Vestas comments on this announcement: ”Vestas’ strong commitment to the development of both […]

  • 5 September 2010
    Business & Finance, R&D

    The offshore company Eldepasco chooses Vestas Offshore A/S as its preferred negotiating partner for the delivery and maintenance of wind turbines for the third offshore wind farm in the Belgian sector of the North Sea. With this move, it takes a significant step towards realizing the project. If, before long, the financing too can be […]

  • 17 October 2018
    Contracts & Tenders, Technology, Wind Farm Update

    EDF Renewables North America has selected MHI Vestas Offshore Wind as the preferred supplier for the Nautilus Offshore Wind project off the coast of Atlantic City, New Jersey.ersey.

  • 27 September 2013

    Vestas will be the first customer of LORC Nacelle Testing when the indoor test centre for testing and trials of entire nacelles is finished by next summer.  “We are extremely pleased to announce the agreement with Vestas for testing various types of nacelles. It gives us great reassurance to have our first customer in the […]

  • 8 July 2010

    Vestas, the world’s leader in producing high-tech wind power systems, announced today that it will open an Engineering Site in Louisville, Colo., to support Vestas Global and enhance Vestas’ wind power production capabilities throughout North America. Vestas will move 46 employees into 47,675 square feet of space on Centennial Parkway, Louisville starting today, and will […]

  • 13 October 2010

    Vestas, the world leader in wind energy, today officially inaugurated its pioneering Technology R&D Centre in Beijing, which represents another important milestone for the company’s long-term commitment to China and in its further endeavors to becoming the partner of choice in China’s wind energy industry. This is also the first dedicated wind energy R&D centre […]

  • 20 September 2018
    Business & Finance

    Danish turbine manufacturer Vestas is relocating its testing-related activities at West Medina Mills to the nearby St. Cross facility on Isle of Wight in the UK to make room for future expansion under consideration by MHI Vestas Offshore Wind.

  • 11 July 2014

    Vestas revealed it is planning to test what could be the world’s largest offshore wind turbine. In papers submitted to the local government, the Danish wind turbine developer wrote it wants to test wind turbines of up to 10 MW in the waters west of Jutland. According to Reuters, Vestas said it has no immediate […]

  • 13 June 2012
    Business & Finance, Jobs & Recruitment

    In January 2012 Vestas decided to close its tower factory in Varde, Denmark. Now, after running a competitive divestment process, Vestas has entered an agreement with Chinese Titan Wind Energy (Suzhou) Co., Ltd., a long term partner and supplier to Vestas, to sell off the Danish facility and thereby maintain most of the jobs for […]