Wind turbine installations hit a record for a second year in 2024, driven by rapid growth in mainland China, according to a new report by research provider BloombergNEF (BNEF). Globally, developers brought online 121.6 gigawatts (GW) of wind turbines worldwide last year, double the capacity commissioned in 2019, according to BNEF’s 2024 Global Wind … Continue reading Chinese Manufacturers Lead Global Wind Turbine Installations, BloombergNEF Report Shows
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Chinese wind turbine manufacturers sweep the global wind energy podium for the first time.
Goldwind leads with 20 GW installed, followed by Envision and MingYang. Wood Mackenzie’s latest report on global wind turbine original equipment manufacturers (OEMs) reveals that Chinese companies dominated the market in 2024, with Goldwind, Envision, and MingYang securing the top three positions globally for the first time. Key findings: Endri Lico, Principal Analyst at Wood … Continue reading Chinese wind turbine manufacturers sweep the global wind energy podium for the first time.
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Wind power in Brazil, Ceará wins a wind farm with Vestas wind turbines
The Darby International Capital Group inaugurated the Kairós wind farm in the municipality of Icapuí, 204 kilometers from Fortaleza, capital of Ceará. The investment was in the order of R$ 750 million. The wind energy to be produced can supply 260 thousand homes, which corresponds to a city the size of Teresina, capital of Piauí. … Continue reading Wind power in Brazil, Ceará wins a wind farm with Vestas wind turbines
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Vestas increases annual net profit by six to €494 million
The Danish wind turbine manufacturer Vestas Wind Systems increased its net profit by six to €494 million in 2024, thanks to a record number of orders, the company reported on Wednesday. Sales amounted to €17.295 billion, 12% more, according to the balance sheet, which carries over from the second quarter a write-off of €300 million … Continue reading Vestas increases annual net profit by six to €494 million
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Vestas to supply wind turbines for Ukraine’s largest wind energy project
Vestas has received a 384 MW order for the second phase of DTEK’s Tyligulska project in Ukraine. This order follows the 114 MW order for Tyligulska I that Vestas received in March 2021 and successfully commissioned in spring 2023. For this order, Vestas will supply 64 wind turbines and is responsible for the supply, delivery … Continue reading Vestas to supply wind turbines for Ukraine’s largest wind energy project
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Jakob Wegge-Larsen to become Vestas’ new Chief Financial Officer
Vestas is pleased to announce that Jakob Wegge-Larsen will become Chief Financial Officer (CFO) at Vestas and member of Executive Management. He is expected to take up the position as CFO during the second quarter of 2025. Jakob Wegge-Larsen joins Vestas from DB Schenker where he currently serves as CFO and member of the Management … Continue reading Jakob Wegge-Larsen to become Vestas’ new Chief Financial Officer
Continue readingVestas Drives Global Wind Energy Expansion with 761 MW in Orders from the US, Europe and Africa
Market leader in wind turbines, Vestas, has ended the year with an order volume reaching 761 MW in various regions. The projects span the United States, Europe and Africa, highlighting the company’s global expansion.On US soil, Vestas has secured a pair of orders for undisclosed projects. Specifically, the company will supply 60 V163-4.5 MW wind … Continue reading Vestas Drives Global Wind Energy Expansion with 761 MW in Orders from the US, Europe and Africa
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Vestas secures 270 MW wind power order in the US
Vestas has received a 270 MW order for an undisclosed wind farm in the US. The order consists of 60 V163-4.5 MW wind turbines, Vestas’ newest high-capacity factor turbine, and the project has been developed by Steelhead Americas, Vestas’ development arm in North America. The order includes supply, delivery and commissioning of the wind turbines, … Continue reading Vestas secures 270 MW wind power order in the US
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Vestas Development sells 277 MW wind portfolio in Italy
Wind turbine manufacturer Vestas has sold a 277 MW wind portfolio in Italy. This transaction demonstrates Vestas Development’s ability to continue developing viable, high-quality wind projects in Italy, one of its strategic markets in Europe. The projects included in this portfolio have been developed by Vestas and are designed for Vestas technology. “This sale demonstrates … Continue reading Vestas Development sells 277 MW wind portfolio in Italy
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Vestas secures 315 MW order for offshore wind power project in Japan
Vestas has received a 315 MW order for the Oga Katagami Akita offshore wind farm in Akita Prefecture, Japan. The project is being developed by Oga Katagami Akita Offshore Green Energy LLC., a consortium consisting of JERA Co., Inc., Electric Power Development Co., Ltd. (J-POWER), Tohoku Electric Power Co., Inc. (Tohoku EPCO) and ITOCHU Corp. … Continue reading Vestas secures 315 MW order for offshore wind power project in Japan
Continue readingVestas secures 99 MW order for wind power repowering at Molar de Molinar and Isabela wind farms in Castilla-La Mancha, Spain
Iberdrola has placed a 99 MW order for the repowering of the Molar de Molinar and Isabela wind farms, located in Castilla-La Mancha, Spain. The contracts include the supply and installation of 11 V150-4.5 MW wind turbines and 11 V136-4.5 MW wind turbines respectively, as well as a 10-year Active Output Management (AOM 4000) service … Continue reading Vestas secures 99 MW order for wind power repowering at Molar de Molinar and Isabela wind farms in Castilla-La Mancha, Spain
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Wind energy project in El Chocón (Argentina) with 31 Vestas wind turbines
A few kilometres from the town, the construction of a wind farm with a capacity of 185 MW is planned.Villa El Chocón could have a new project with the Las Campanas wind energy park. The Akros firm presented an initiative for a 185 MW plant and is currently looking for investors to finance its construction. … Continue reading Wind energy project in El Chocón (Argentina) with 31 Vestas wind turbines
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Vestas secures 224 MW order for two wind power projects in Sweden with 35 wind turbines
Vestas has received a 224 MW order from Vinliden Vindkraft AB for the 70 MW Vinliden and 154 MW Fjällberg projects in Sweden. The projects are a joint venture of funds managed by Prime Capital AG and Polhem Infra, a leading investor in renewable energy and infrastructure in the Nordic countries. Sweden is a leader … Continue reading Vestas secures 224 MW order for two wind power projects in Sweden with 35 wind turbines
Continue readingVestas secures 217 MW order for onshore wind and 35 wind turbines in the UK
Vestas has secured a 217 MW order from SSE Generation Limited for the Strathy South wind energy project in Scotland, UK. Vestas will deliver 35 V162-6.2 MW wind turbines and the order includes supply, delivery, installation and commissioning of the turbines. This order marks the first deployment of V162-6.2 MW turbines in the UK. Upon … Continue reading Vestas secures 217 MW order for onshore wind and 35 wind turbines in the UK
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Vestas secures 1.1 GW order for Inch Cape offshore wind project in Scotland
Vestas has secured a firm and unconditional order for the 1.1 GW Inch Cape offshore wind project in Scotland from Inch Cape Offshore Limited, a 50:50 joint venture between ESB and Red Rock Renewables. The agreement is for the supply, installation and commissioning of 72 V236-15.0 MW wind turbines. Upon completion, Vestas will also deliver … Continue reading Vestas secures 1.1 GW order for Inch Cape offshore wind project in Scotland
Continue readingVestas secures 900 MW offshore wind power order from RWE in Germany
Vestas has received a firm order for the 900 MW Nordseecluster B offshore wind project from RWE in Germany. This firm order announcement refers to the company’s announcement 09/2024 of 17 May 2024. The order includes 60 V236-15.0 MW wind turbines and Vestas is responsible for the supply, delivery and commissioning of the turbines. Upon … Continue reading Vestas secures 900 MW offshore wind power order from RWE in Germany
Continue readingVestas secures 50 MW wind order in South Korea
The deal is for eight 6.2 MW V162 wind turbines together with a 20-year AOM5000 service contract. Delivery of the wind turbines for the wind farm is expected to begin in the second quarter of 2025, with commissioning planned for the first half of 2026.
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Vestas inaugurates a manufacturing line for V236-15.0 wind turbine blades in Taranto, Italy
Vestas has inaugurated a new production line for the V236-15.0 MW blades at its plant in Taranto, Italy. This is an interesting move, as the blade molds were developed at Vestas’ Lem factory, and the first 115.5 m prototypes were manufactured at Vestas’ offshore blade factory in Nakskov. As a result of this new production … Continue reading Vestas inaugurates a manufacturing line for V236-15.0 wind turbine blades in Taranto, Italy
Continue readingVestas secures 203 MW wind power order in the US
Vestas announced a significant order for wind turbines in the Americas region as part of its fourth quarter order. Apex Clean Energy, Inc. has selected Vestas for the Lotus wind farm in the US. The order includes a power capacity of 203 MW, using Vestas V163-4.5 MW wind turbines. To support the project, Vestas will … Continue reading Vestas secures 203 MW wind power order in the US
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EU Recovery money boosts wind manufacturing in Italy
Europe’s wind turbine manufacturing capacity is ramping up to meet the EU climate and energy security targets. This week Danish wind turbine manufacturer Vestas inaugurated a new production line for offshore wind blades in Taranto, Italy. The factory expansion will produce state of the art 15 MW offshore wind blades. It will create 1,300 additional … Continue reading EU Recovery money boosts wind manufacturing in Italy
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