Danish wind manufacturer Vestas has been awarded a contract to supply 100-MW of hardware for the Yanchi wind farm in China’s Ningxia Hui Autonomous Region.
Vestas Wind Systems has called on the Japanese government to improve access to the electricity grid. Speaking at the Wind Expo 2013 in Tokyo, Vestas chief executive officer Ditlev Engel was critical of the obstacles in accessing the distribution network reflecting a recent government recommendation that the country’s 10 utilities be stripped of their regional monopolies, according to Bloomberg.
Read Full Story Bolstered by securing financing through 2015 Vestas Wind Systems, the world’s largest wind turbine manufacturer, has revealed it is talking to Mitsubishi Heavy Industries about developing the world’s biggest offshore turbine.
Suzlon wind turbine
November 12, 2012
Indian wind turbine giant Suzlon admits it had a “disappointing” first half to its financial year but insists its “key metrics point in the right direction". Revenues were 104.49 billion rupees (USD1.92 billion), up 11 percent on last year, but the company also recorded a loss of 16.63 billion rupees in the half year ending September, compared to a profit of 1.28 billion rupees at the same stage 12 months ago.
Read Full Story There is an increasing demand for higher-quality wind turbines from Chinese project developers, according to an executive from Denmark’s Vestas Wind Systems. The cheapest price is no longer a guarantee to winning contracts.
India's go-it-alone wnd project developers
August 13, 2012
Green Infra Ltd is the latest Indian renewables company planning to separate project development from turbine orders for wind farms in order to leverage better deals and broaden their base of potential suppliers. The New Delhi-based developer, which is backed by leading Indian integrated infrastructure finance player, IDFC Private Equity, seeks to bring down costs by acquiring land and clearances for new projects, tasks traditionally handled by the turbine supplier in India
Danish wind turbine maker Vestas Wind Systems today said it would unite its Asia Pacific and China sales business units to cut costs, as part of a major restructuring, according to Reuters.
Danish wind turbine manufacturer Vestas Wind Systems is closing a factory in China at the cost of about and 300-350 jobs.
Titan Wind Energy (Suzhou) Co, China's largest manufacturer of wind towers, said Thursday it would buy a factory in Denmark from Danish wind turbine maker Vestas Wind Systems, a move aiming to set a foothold in the European market after a US decision to impose tariffs on wind towers from China.
In a quest to prop up its flagging business Vestas, the world’s largest wind turbine manufacturer, has pinpointed South Korea as a future growth area for the company’s offshore ambitions.