Vestas

Danish wind energy company Vestas has been contracted to supply turbines with a 50-MW capacity to China Longyuan Power Group.

Chinese solar panel giant JA Solar announced an increase in year-on-year revenue at the end of last week but warned that its bottom line had been impacted more than it had anticipated by plunging prices on solar equipment.

Danish wind turbine manufacturer Vestas has landed a contract from Powerica to supply 26 units for a 46.8MW facility for its Vandiya Power Wind Farm project in Gujarat, in the west of India. The contract is for Vensta's V100-1.8MW turbine, which is designed for high productivity from low wind sites common in India, and includes supply and installation as well as a ten-year service and maintenance agreement.

Vestas Wind Systems has opened a Singapore office in what it describes as a move to consolidate its operations in the city state under one roof. Vestas Singapore will house over 200 staff members, including 120 engineers, currently employed by Vestas' various business units in Singapore. Singapore will now serve as Vestas regional headquarters for Sales and Operations, R&D, Group IT and Spare Parts and Repair.

As shareholders took in the grim news that Danish wind turbine maker, Vestas, had made a loss in the first quarter of 2011, despite boosting revenue by 25 percent over 2010, it announced two large contracts in China. The management said the market would prove choppy from quarter to quarter but that overall order books looked healthy.