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 readingTag Archives: Vestas
Vestas 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
Continue reading
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
Continue reading
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
Continue reading
Vestas. Fatal accident occurs on site in Germany
A subcontractor operating a crane installing Vestas turbines on a site in Germany suffered fatal injuries when a blade dropped onto the crane cabin during installation. It is not clear at this point what caused the accident. Vestas takes safety extremely seriously and our experts will, together with the crane company and authorities conduct a thorough investigation … Continue reading Vestas. Fatal accident occurs on site in Germany
Continue readingVestas Wins Loan Revisions, Removing Threat of New-Equity Issue
In July 2012 (ref. company announcement No. 30/2012 of 31 July 2012), Vestas agreed with its lenders to defer the half-year testing of the financial covenants. Following this and during the autumn of 2012, Vestas has conducted a thorough review of the future funding requirements of the company’s new operating business model. The review shows … Continue reading Vestas Wins Loan Revisions, Removing Threat of New-Equity Issue
Continue reading
Enel Green Power signs 110 million euro loan for a wind farm in Chile
The loan will be used to cover part of the investment in EGP’s “Talinay” wind farm in Chile. The wind energy plant has an installed capacity of around 90 MW. Enel Green Power SpA (“EGP”), acting through its subsidiary Enel Green Power International BV (“EGPI”), has agreed a 12-year loan of 110 million euros with … Continue reading Enel Green Power signs 110 million euro loan for a wind farm in Chile
Continue readingVestas agrees to sell wind turbines to Enel Green Power in Chile
Italy’s Enel Green Power has agreed to purchase a 90MW wind farm in Chile from Vestas for $165m. Today, there is information in the market regarding Enel buying Vestas’ 90 MW project in Chile. Vestas can confirm that Enel has signed a conditional purchase agreement for Vestas’ Talinay project in Chile (ref. news release from … Continue reading Vestas agrees to sell wind turbines to Enel Green Power in Chile
Continue readingVestas bags 39 MW wind turbines order for Italian wind farm
Vestas has signed an agreement to supply 13 of its V112-3.0 MW wind turbines to the Matisse wind power plant, which will be located in Italy’s Apulia region. Vestas has received an order for a total capacity of 39 MW consisting of 13 units of the V112-3.0 MW turbine for the Matisse wind power plant, … Continue reading Vestas bags 39 MW wind turbines order for Italian wind farm
Continue readingVestas To Supply 37 Wind Turbines For Wind Farm In South Africa
The wind power project, consisting of 37 V100-1.8 MW wind turbines, will be installed in the province of Hopefield at the Western Cape of the country. Vestas, the world leader in wind energy, is pleased to announce a 67 MW order from Umoya Energy for South Africa. The turbine delivery is planned for the second … Continue reading Vestas To Supply 37 Wind Turbines For Wind Farm In South Africa
Continue reading
Namibia moves toward wind energy
Erongo RED announced this week it has received four reconditioned wind turbines with a combined output of 2, 5 megawatt, to be installed in the desert east of Walvis Bay. At peak capacity these wind tubines will produce 5% of the bulk electricity Erongo RED needs to buy from power utility Nampower. The announcement was … Continue reading Namibia moves toward wind energy
Continue readingVestas hires new president for Americas division
Chris Brown has joined the company today as Group Senior Vice President of Vestas and President of Vestas Americas. Brown will succeed Martha Wyrsch, who has decided to leave Vestas in early December. Chris Brown has joined the company today as Group Senior Vice President of Vestas and President of Vestas Americas. Brown will … Continue reading Vestas hires new president for Americas division
Continue readingVestas Seeks 20 Percent Stake Sale, Cuts 3000 More Jobs
Vestas Wind Systems A/S (VWS) is seeking to sell a stake of as much as 20 percent and said it’s reducing headcount by 3,000 to raise the staff cuts by the biggest wind turbine maker to almost a third over two years. Vestas shares fell as much as 17 percent today, the biggest drop since … Continue reading Vestas Seeks 20 Percent Stake Sale, Cuts 3000 More Jobs
Continue readingVestas’ first V126-3.0 MW wind turbines sold to customer in Finland
Just six weeks after being launched to the market, Vestas is proud to announce that the first order for three V126-3.0 MW turbines has been placed by TuuliWatti Oy in Finland. “Vestas is excited to be able to so quickly sign the first order for the V126-3.0 MW turbines,” says Klaus Steen Mortensen, President of … Continue reading Vestas’ first V126-3.0 MW wind turbines sold to customer in Finland
Continue reading
E.ON Climate & Renewables secures financing for Texas wind farm
E.ON Climate & Renewables (EC&R) North America announced today it has secured institutional equity financing of approximately $167.7 million and a commitment to fund expected capital contributions of approximately $55.9 million from a group of investors that includes JPM Capital Corporation (J.P. Morgan) and Wells Fargo Wind Holdings LLC (Wells Fargo) in exchange for a … Continue reading E.ON Climate & Renewables secures financing for Texas wind farm
Continue readingVestas Reaches 3 GW Of Wind Energy Capacity In Italy
Vestas says it has reached 3 GW of installed wind energy capacity in Italy, which represents 40% of the country’s total installed base. Since 1998, Vestas has widely contributed to Italy’s renewable energy generating mix through the production, sales and installation of cutting-edge wind technology, which has constantly evolved to ensure the lower cost of … Continue reading Vestas Reaches 3 GW Of Wind Energy Capacity In Italy
Continue readingVestas to scale down India operations
Vestas, the world’s biggest wind turbine manufacturer, has decided to “scale down its sales efforts in the Indian wind power market,” an industry source said Wednesday. Vestas is in a difficult situation in India and in response to a query, Mikkel Friis-Thomsen, Communication Partner, Media & External Relations, Vestas Wind Systems A/S, said that the … Continue reading Vestas to scale down India operations
Continue readingVestas Lands Contract For Wind Farm In Turkey
Vestas has secured a 27MW order to equip a wind farm in Turkey with nine of its wind turbines. The contract for the ?enbük wind power plant comprises delivery, transportation, installation and commissioning of the turbines, a VestasOnline® Business SCADA system as well as a 10-year Active Management Output (AOM) 4000 service agreement. The AOM … Continue reading Vestas Lands Contract For Wind Farm In Turkey
Continue reading