The U.S. wind energy industry breathed a sigh of relief earlier this month when Congress voted to renew a tax credit that could be worth up to $12 billion over the next decade. The tax credit comes as a major boost — but the headlines don’t tell the full story about a struggling industry. Jobs … Continue reading US wind energy facing new challenges
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Vestas reduces its workforce at its blades factories in Colorado, USA
Vestas today has reduced its manufacturing workforce at its blade factories in Windsor and Brighton, Colorado. The workforce reduction represents about 10 per cent of Vestas’ 1,100 manufacturing employees in the state. Vestas regrets to have to lay off highly skilled employees, yet the dismissals are necessary in order to adjust manufacturing capacity to the … Continue reading Vestas reduces its workforce at its blades factories in Colorado, USA
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E.ON Climate & Renewables dedicates Texas wind farm
E.ON Climate & Renewables (EC&R) North America dedicated the Anacacho Wind Farm today with an onsite ceremony. The wind energy project, located in Kinney County, Texas, is approximately 14 miles southeast of Brackettville and consists of 55 Vestas 1.8 megawatt (MW) wind turbines providing 100 MW of power. Anacacho Wind Farm began commercial operation in … Continue reading E.ON Climate & Renewables dedicates Texas wind farm
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Expansion at Vattenfall’s Kentish Flats offshore wind farm given green light
Up to 17 new wind turbines will be added to Vattenfall’s Kentish Flats offshore wind farm, which already hosts 30 wind turbines. Vattenfall’s Kentish Flats offshore wind farm currently comprises of 30 Vestas wind turbines, installed in 2005 and delivering a capacity of 90MW. An offshore wind farm off the Kent coast has been given … Continue reading Expansion at Vattenfall’s Kentish Flats offshore wind farm given green light
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Vestas transfers employees from Randers and Copenhagen to company HQ in Aarhus, Denmark
Today, employees at Vestas’ facilities in Copenhagen and Randers have been informed that their positions will be transferred to Aarhus at Vestas’ addresses in the northern part of Aarhus as of 1 July 2013. Vestas maintains its warehouse at Langelandsvej in Randers. ”Vestas is carrying out a plan to reduce the company’s cost. The recently … Continue reading Vestas transfers employees from Randers and Copenhagen to company HQ in Aarhus, Denmark
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Enercon continues to dominate German wind energy market
Vestas came in second place, clocking up 24.2%. REpower came third with 11%, followed by Nordex with 3.7%, e.n.o. with 1.5% and Vensys with 1.1%. Enercon has continued to lead the German onshore market by taking a 56.8% share of the 2,335MW installed in 2012, according to wind engineering and consultancy firm Deutsche Windguard. Vestas … Continue reading Enercon continues to dominate German wind energy market
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General Electric now the World’s Biggest Wind Turbine Maker
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
Continue readingVestas 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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