Vestas Wind Systems A/S is a Danish manufacturer, seller, installer, and servicer of wind turbines founded in 1945. The company operates manufacturing plants in Denmark, Germany, India, Italy, Romania, the United Kingdom, Spain, Sweden, Norway, Australia, China, and the United States, and employs more than 24,400 people globally.
As of 2013, it is the largest wind turbine company in the world.
|Vestas Wind Systems A/S|
Vestas factory entrance in Pueblo, Colorado.
|Traded as||Nasdaq Copenhagen: VWS|
|Anders Runevad (Group President and CEO), Bert Nordberg (Chairman)|
|Revenue||€8.423 billion (2015)|
|€906 million (2015)|
|€685 million (2015)|
|Total assets||€8.587 billion (end 2015)|
|Total equity||€2.899 billion (end 2015)|
Number of employees
|24,409 (Q1 2019)|
Vestas traces its roots to 1898 when Hand Smith Hansen bought a blacksmith shop in Lem, West Jutland which operated as a family business. After the second world war Vestas was founded in 1945 by his son Peder Hansen as "Vestjysk Stålteknik A/S" (West-Jutlandish steel technology). The company initially manufactured household appliances, moving its focus to agricultural equipment in 1950, intercoolers in 1956, and hydraulic cranes in 1968. It entered the wind turbine industry in 1979, and produced wind turbines exclusively from 1989. In 1997, the company placed in production the NTK 1500/60. The product was designed by Timothy Jacob Jensen and received the German IF Award and the Red Dot Award. The company's North American headquarters was relocated in 2002 from Palm Springs, California to Portland, Oregon.
In 2003, the company merged with the Danish wind turbine manufacturer NEG Micon to create the largest wind turbine manufacturer in the world, under the banner of Vestas Wind Systems. After a sales slump and an operational loss in 2005, Vestas recovered in 2006 with a 28% market share and increased production although market share slid to between 12.5. and 14%
On 1 December 2008 Vestas announced plans to expand its North American headquarters in Portland through construction of a 600,000-square-foot (56,000 m2) new building, but this plan was mothballed in 2009 due to the economic recession, and in August 2010 the company announced a revised plan, scaled back in size, to expand its Portland headquarters by renovating an existing-but-vacant 172,000 sq ft (16,000 m2) building. At that time, Vestas employed about 400 in Portland and committed to add at least 100 more employees there within five years; the new building will have space for up to 600 workers. The company moved its Portland offices to the new headquarters building, a renovated historic building, in May 2012.
In February 2009, the company announced the production of two new turbine types, the 3-megawatt V112 and 1.8-megawatt V100. The new models were to be available in 2010.
In July 2009, Vestas announced its manufacturing operations on the Isle of Wight in England would close due to a lack of UK demand, affecting 525 jobs there and 100 in Southampton. Approximately 25 workers at the wind turbine factory on the island occupied the administration offices in protest on 20 July 2009, demanding nationalisation to save their jobs.
In August 2009 Vestas hired more than 5,000 extra workers for its new factories in China, the United States, and Spain. The company said it was "expanding heavily in China and the US because these markets were growing the fastest, in contrast to the sluggish pace of wind farm development in the UK". As part of this gradual shift in production away from Europe and towards China and the US, in October 2010, the company announced it was closing five factories in Denmark and Sweden, with the loss of 3,000 jobs.
In January 2012, the company suggested firing 1,600 out of its 3,000 U.S. workers if the U.S. did not renew the 2.2 cents-per-kilowatt-hour Production Tax Credit, which was extended in 2013. On 13 August 2012, an estimated 90 workers were laid off from the Pueblo facility. Six long colored lines, leading to an exit, had been placed on the floor. Those laid off were given one of six different colored papers, and then instructed to follow the colored line that matched the colored paper they had been given. In 2013, the tower factory in Pueblo began ramping up to full utilization as orders rebounded from the 2012 slump. Other facilities in Colorado include a further 750 persons employed at a blade manufacturing facility in Windsor, Colorado. Vestas has nacelle and blade manufacturing facilities in Brighton, Colorado and also operates a tower facility in Pueblo, Colorado. Vestas said it decided to build its North American production facilities in Colorado because of the state’s central location, extensive transportation infrastructure and rail system, existing manufacturing base, and skilled workforce.
In May 2013, Marika Fredriksson became the company's new Executive Vice President and Chief Financial Officer after her predecessor Dag Andresen resigned for personal reasons. Her strategy is to lead Vestas back to higher earnings after the important losses faced by the company: from €166 million losses in 2011 and increasing to €963 million in 2012.
In October 2013 Vestas sold its four casting and two machining factories to VTC Partners GmbH.
In May 2014, Vestas announced it would be adding hundreds of jobs to its Colorado Windsor and Brighton facilities and following a rough 2012 it called 2013 one of Vestas’s "best years ever". Vestas also added employees in Pueblo and expected the tower facility to eventually top 500. Vestas stated that it expected to have 2800 employees in Colorado by the end of 2014. As of 2016, Vestas has a US nacelle production capacity of 2.6 GW.
In March 2015, Vestas announced it would be upping jobs by 400 at its blade manufacturing facility in Windsor and stated "We had a very successful 2014". In 2015 almost half of all Vestas turbines were going to the American market (nearly 3 GW for US out of 7.5 GW worldwide). Vestas intends to build a blade factory in India in 2016.
In 2014 and 2015, 26 dishonest employees were detected with the company's whistleblower program (the first in Denmark), and disciplined.
In 1Q 2016, the average wind turbine price was 0.83 million Euro per MW, compared to 0.91 a year before.
Vestas spent €92 million ($128 million), or 1.4% of revenue, on research and development in 2009. It has filed 787 wind turbine patents (227 in 2010) according to United Kingdom Intellectual Property Office (UK-IPO), while General Electric has 666 and Siemens Wind Power has 242.
In December 2010 Vestas were developing the V164 7 MW offshore turbine, with a 164 m rotor diameter. Prototypes of it will be manufactured at Lindø (the former Maersk shipyard) due to size, crane and port access requirements. Series production of nacelles for the 32 turbines (256 MW) extension of the 90 MW Burbo Bank Offshore Wind Farm will occur at Lindø, while blades are made at Vestas' Isle of Wight facilities in England. DONG Energy will test a prototype in the sea off Frederikshavn in 2013, at a cost of DKK 240 million. A V164 was installed for testing in Østerild Wind Turbine Test Field in 2014.
In June 2011, the Vestas supercomputer Firestorm was number 53 on the TOP500-list of the world's most powerful computers calculating worldwide weather in a 3x3 km grid, and it delivers daily weather reports to the newspaper Ekstra Bladet and similar purposes. In 2012, Vestas donated the older 1344-core supercomputer from 2008 to Aalborg University.
In October 2011, Vestas participated in the deployment of a floating wind turbine offshore of Portugal. Vestas supplied a v80 2.0 MW offshore turbine to Windplus, S.A. (a joint-venture company including Energias de Portugal, Repsol, Principle Power, A. Silva Matos, Inovcapital and Portugal Ventures). The system, known as the WindFloat, consists of a semi-submersible type floating foundation, a conventional catenary mooring, and the wind turbine. The successful deployment represents the first offshore multi-megawatt wind turbine to be installed without the use of any heavy-lift or specialized offshore construction equipment.
In 2012, Vestas scaled back and closed some of its R&D offices in Houston, Marlborough, Louisville, China, Singapore and Denmark.
In August 2013, Vestas started operating its 20 MW test bench for nacelles in Aarhus.
On 5 September 2013, Dr. Chris Spruce, Vestas Senior Product Engineer, served as member of the Scientific Advisory Board (SAB) for the kite-energy-systems project ERC HIGHWIND, a project at KU Leuven dedicated to the research and development of tethered airfoils dedicated to generating energy by airborne wind energy (AWE).
In April 2016, Vestas installed a 900 kW quadrotor test wind turbine at Risø, made from 4 recycled 225 kW V29 turbines. Three months of testing have so far confirmed theoretical models. Vestas has no immediate plans of commercializing the prototype.
As of 2019 Vestas has installed over 66,000 wind turbines for a capacity of 100 GW in over 80 countries on five continents. As of 9 January 2019 the company has built production facilities in more than 12 countries, among them China, Spain and the United States. Vestas employs 24,400 people.
The 24 megawatt (MW) Ardrossan Wind Farm in Ardrossan, North Ayrshire, Scotland was officially opened on August 10, 2004. The Vestas factory in Argyll, which now employs more than 200 people, has supplied the wind turbines for the Airtricity development. The company is providing access to the site for schools and other interested community groups to learn more about wind power.The Guardian has reported that the Ardrossan Wind Farm has been "overwhelmingly accepted by local people". A local councillor wrote that "The turbines are impressive looking, bring a calming effect to the town and, contrary to the belief that they would be noisy, we have found them to be silent workhorses".In the Hurricane Bawbag storms of December 2011, one of the turbines of the wind farm catastrophically failed in a ball of fire.Beinn an Tuirc windfarm
Beinn an Tuirc wind farm is a wind farm in Argyll, Scotland.
The site has 46 turbines with a total generating capacity of 30.36 MW, with each unit being a Vestas V47-660, with each turbine producing 660 kW, and is operated by Scottish Power. It was commissioned in 2001 and started operation in 2002. It cost £21 million to build. The turbines were built by Danish company Vestas, which specializes in their manufacture. It is 10 miles (16 kilometres) north of Campbeltown on the slopes of the Beinn an Tuirc, the highest hill on the Kintyre peninsula.Scottish Power was awarded a Queen's Award for Enterprise in 2006 for constructing Beinn an Tuirc and Black Law wind farms with a "collaborative and responsible approach". This referred to the company's practice of taking into account environmental concerns and the wishes of the local community in the wind farms' construction.One of the V47 turbines suffered a catastrophic failure in November 2007 when a brake problem led to the tower being bent in two. This was the first incident of an operational turbine tower collapsing in the UK. The farm was closed as a precaution, but soon reopened.
In an unusual move, Scottish Power has offered local rangers £30 for every mountain hare they hand over. The idea is to re-introduce this species to an area near to the wind farm in an attempt to lure golden eagles away from the turbines. The Royal Society for the Protection of Birds said, "Scottish Power's approach in creating this habitat that takes into account local biodiversity is to be welcomed."Boggeragh Mountains
The Boggeragh Mountains (Irish: An Bhograch) are located in County Cork, Ireland, with the Munster Blackwater to the north and the River Lee to the south of the hills. With an elevation of 644 m (2,113 ft), the highest peak is Musheramore (Irish: Muisire Mór). The landscape consists of peat blanket bog, grassland, streams and areas of forestry. The mountains were formed from red sandstone deposited during the Devonian Era. They were shaped by glacial erosion during the last glacial period.
Construction of a wind farm in the area started in September 2009. In February 2010 19 units of Vestas V90-3MW MW wind turbines are up and running.Chile–Denmark relations
Chile–Denmark relations refers to the current and historical relations between Chile and Denmark. Chile has an embassy in Copenhagen, and Denmark has an embassy in Santiago. Relations between the two countries are described as "friendly" and excellent.Both countries signed a commerce treaty on 4 February 1899. On 23 December 1931, a settlement treaty and a conciliation treaty were signed between Chile and Denmark. In 1965, a scientific and technical cooperation agreement were signed. Chilean-Danish Business Council were established in 2004. The council were created for the businesses representatives that worked in Chile and Denmark.In 2009, Chile exported 840 million DKK to Denmark, while Denmark exported 645 million DKK to Chile. In 2010, Danish company Vestas invested 250 million dollars in Talinay Oriente, Chile.Both Chilean Presidents Patricio Aylwin and Eduardo Frei Ruiz-Tagle visited Denmark, during their terms. On 26 January 2004, Chilean President Ricardo Lagos visited Denmark.List of offshore wind farms
This page lists the largest offshore wind farms that are currently operational rated by nameplate capacity. It also lists the largest offshore wind farms currently under construction, the largest proposed offshore wind farms, and offshore wind farms with notability other than size.
As of September 2018 the Walney Extension in the United Kingdom is the largest offshore wind farm in the world at 659 MW.List of offshore wind farms in the United Kingdom
This is a list of offshore wind farms within the national maritime boundaries of the United Kingdom.
The name of the wind farm is the name used by the energy company when referring to the farm; it is usually related to the name of the nearest town on shore. There are currently c.5-6GW of offshore wind in the UK, with a further 4-5GW having secured development contracts.List of onshore wind farms in the United Kingdom
This is a comprehensive list of onshore wind farms (more than 1 turbine) in the UK. This information is gathered from multiple Internet sources, primarily the UK Wind Energy Database from RenewableUK (formerly BWEA) and The Wind Power's database, and is current up to October 2010. The name of the wind farm is the name used by the energy company when referring to the farm and is usually related to the name of the physical location. E.g. hill, moor, fell, down etc. or the name of the agricultural farm for the smaller installations on property owned by farmers. The "wind farm" part is implied and hence removed for clarity in most cases.Macarthur Wind Farm
The Macarthur Wind Farm is a wind farm located in Macarthur, Victoria, Australia, near Hamilton, 260 km west of Melbourne. It is on a 5,500 ha site which has an installed capacity of 420 megawatts (MW). Based on a capacity factor of around 35%, it is estimated that the long-term average generation will be approximately 1,250 GWh per year. The energy produced annually by a wind farm varies year-to-year, and during FY2015 the farm produced 977.9 GWh.
It is the largest wind farm in the southern hemisphere generating enough power for 220,000 homes and abating 1.7 million tons of greenhouse gases annually, at a capacity factor of 35%. The wind farm comprises 140 Vestas V112-3.0MW wind turbines manufactured in Denmark.The project cost about A$1 billion and was fully operational in January 2013. It was constructed by Vestas and Leighton Contractors. The first turbines were connected to the grid in September 2012. AGL also invested an additional $27m in the substation, which is completely owned by the company.Mount Emerald Wind Farm
Mount Emerald Wind Farm is a 180 MW wind power station situated on Mount Emerald approximately 8 km WNW of Tolga, and 49 km SW of Cairns, in Queensland, Australia. It consists of 37 Vestas v117-3.45 and 16 Vestas v112-3.3.The project is a joint venture between Port Bajool and Ratch Australia Corporation Limited. Ratch Australia bought the project from Transfield Services in July 2011.Pates Hill Wind Farm
Pates Hill Wind Farm is located near the village of West Calder in West Lothian, Scotland. It consists of 7 Vestas V-80 wind turbines, measuring 107 metres to the blade tip. It became operational in February 2010 and is expected to generate electricity equivalent to the needs of approximately 8,000 households annually.
The wind farm is managed by Engineering Renewables Limited on behalf of Pates Hill Wind Energy Limited.
The West Lothian Council granted planning permission in June 2007 for a 25-year period. The balance of plant contract for the civil and electrical works was awarded to Lagan Construction Limited. Windhoist were contracted to erect the turbinesConstruction started in February 2009 and was completed on schedule in February 2010. Vestas is the largest wind turbine manufacturer in the world, based in Denmark. Each turbine is 2 MW, giving the wind farm total installed capacity of 14 MW.
The wind farm will contribute £70,000 each year to the local community for energy efficiency initiatives over the 25 years, totaling £1.75 million.Sherbino Wind Farm
The Sherbino Mesa Wind Farm is located in Pecos County in west Texas. The first 150 megawatts (MW) of the project, which has a potential capacity of 750 MW, is in operation. Phase I utilizes 50 Vestas V-90 Mk.5 wind turbine generators, each with a rated capacity of 3 MW. BP will operate phase I of the project.Phase II, located on a 20,000-acre (8,100 ha) site 40 miles west of Fort Stockton, utilizes 60 Clipper Windpower C-96 wind turbines, each with a rated capacity of 2.5 MW. This phase will be in operation by the end of 2011.Speed sailing record
Speed sailing records are sanctioned, since 1972, by the World Sailing Speed Record Council (WSSRC). Records are measured either by average speed over a specified distance or by total distance traveled during a specified time interval. The three most sought after records are the:
500 metre (or "outright") record is held by Paul Larsen. On 24 November 2012 he sailed the Vestas Sailrocket 2 at 65.45 knots in Walvis Bay, Namibia.
Nautical mile record is held by Paul Larsen. On 18 November 2012 he sailed the Vestas Sailrocket 2 at 55.32 knots in Walvis Bay, Namibia.
24 Hour distance record is held by Pascal Bidégorry. On 1 August 2009 he sailed the Banque Populaire V 908 nautical miles (at 37.84 knots). This was while he was breaking the northern Atlantic record.Vestas V164
The Vestas V164 is a three-bladed offshore wind turbine, produced by Vestas, with a nameplate capacity of up to 10 megawatts, a world record.
Vestas revealed the V164's design in 2011 with the first prototype unit operated at Østerild in northern Denmark in January 2014. The first industrial units were installed in 2016 at Burbo Bank, off the west coast of the United Kingdom.Vestas V90-3MW
The Vestas V90-3MW is a three bladed upwind wind turbine generator that uses pitch control and a doubly fed induction generator (50 Hz version). Its manufacturer claims to have installed over 500 units of this type globally since launch.Vestas claims the turbine provides 50% more power for roughly the same weight as the V80. The V90-3MW should not be confused with the V90-2MW, which is essentially a V80-2MW with longer blades. It is produced in both an on and offshore version.
The first V90-3MW was erected in northern Germany in May 2002. 15 test turbines were deployed around the world in different climatic conditions, so that when it went into production, the V90-3MW had been tested in more sites than the V80-2MW. Following a number of gearbox problems, the V90-3MW was withdrawn for offshore sales in early 2007 before being reissued for offshore use in May 2008. Presently, the nacelles are exclusively made at the Vestas Nacelles works in Taranto, Italy. Towers and blades may come from a number of locations. Vestas produces a 3.65 MW low-wind version called the V136.Wind power in Nebraska
Wind power in Nebraska remains largely untapped in comparison with its potential. In the Great Plains, with more than 47,000 farms and open skies it ranks near the top in the United States in its ability to generate energy from wind. As of 2016, Nebraska had 1,335 MW of installed wind power generation capacity, producing 10.1% of the electricity generated in-state. As of 2015, the state had not adopted a renewable portfolio standard. Omaha Public Power District (OPPD) is one of the state's largest purchasers of wind energy.Wind power in Wisconsin
Wind power in Wisconsin contributes to the state's renewable portfolio standard established in 1998. There are several wind turbine installations and wind farms in the state, which as of 2016 had a generating capacity of 648 megawatts (MW). In 2016, wind power was responsible 2.4% of electricity produced in the state.Regulations regarding the siting of wind turbines substantially hinder the development of wind farms in the state.A 98 MW wind farm, the Quilt Block Wind Farm, was under construction in southwest Wisconsin as of February 2017.Wind turbines on public display
The great majority of wind turbines around the world belong to individuals or corporations who use them to generate electric power or to perform mechanical work. As such, wind turbines are primarily designed to be working devices. However, the large size and height above surroundings of modern industrial wind turbines, combined with their moving rotors, often makes them among the most conspicuous objects in their areas. A few localities have exploited the attention-getting nature of wind turbines by placing them on public display, either with visitor centers on their bases, or with viewing areas farther away. The wind turbines themselves are generally of conventional horizontal-axis, three-bladed design, and generate power to feed electrical grids, but they also serve the unconventional roles of technology demonstration, public relations, and education.Windmade
WindMade is a global (Brussel's based) consumer label for companies, events and products using wind power in their operations or production. It is aimed at promoting wind power and is guided by a Technical Advisory Board, which includes various scientists, and third-party auditors. The organization is a non-profit NGO established by seven Founding Partners: United Nations Global Compact, WWF, Global Wind Energy Council, LEGO Group, PricewaterhouseCoopers (PwC), Bloomberg L.P. and Vestas Wind Systems.Woolnorth Wind Farm
Woolnorth Wind Farm is a wind power development, comprising two wind farms, at the Woolnorth property at Woolnorth (which includes the location known as Cape Grim), in the far north-west of Tasmania, Australia. Both wind farms are operated by Woolnorth Wind Farm Holdings, a joint venture between Hydro Tasmania (who own a 25% share) and Shenhua Group (75% share).Bluff Point Wind Farm was constructed in two stages. The first consisted of six Vestas 1.75 MW (2,350 hp) turbines and was commissioned in 2002. Stage two, commissioned in 2004, expanded the wind farm with a further 31 of the same turbines, for a total generating capacity of 65 MW (87,000 hp).Studland Bay Wind Farm was commissioned in 2007 and consists of 25 Vestas V90 3 MW (4,000 hp) turbines, for a total capacity of 75 MW (101,000 hp).Tours to the wind farms are available and operated by a private commercial entity.
|Wind power industry|