(IN BRIEF) Vestas has appointed Jakob Wegge-Larsen as its new Chief Financial Officer (CFO), with his start date set for the second quarter of 2025. Wegge-Larsen brings significant experience from his current role as CFO at DB Schenker, as well … Read the full press release
Posted in Business, Denmark, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News
Tagged appointment, CFO, Chief Financial Officer, DB Schenker, executive management, financial goals, Hamburg Süd, Henrik Andersen, interim CFO, Jakob Wegge-Larsen, leadership, logistics, Maersk Group, MSC Denmark, Rasmus Gram, shipping, Vestas, Vestas CEO
(IN BRIEF) Vestas has secured a firm order to supply 60 V236-15.0 MW wind turbines for RWE’s Nordseecluster B offshore wind project in the German North Sea. This 900 MW project forms the second phase of the 1.56 GW Nordseecluster, … Read the full press release
(IN BRIEF) Vestas Wind Systems A/S has revised its financial outlook for 2024, now projecting revenue between EUR 16.5 billion and EUR 17.5 billion, down from EUR 16 billion to EUR 18 billion. The expected EBIT margin before special items … Read the full press release
Posted in Business, Denmark, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News
Tagged economy, Financial, investment, Vestas
(IN BRIEF) Vestas has secured two new wind turbine orders in Germany, totaling 58 MW. Both projects, WP Brand (36 MW) and WP Lautertal (22 MW), are with Uhl Windkraft and will feature V172-7.2 MW turbines. The projects are scheduled … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Germany, partnership, sustainability, Uhl Windkraft, Vestas, WP Lautertal
(IN BRIEF) Vestas has secured a 41 MW order from Green Mind Ventures, part of GreenVolt, for wind turbines at two wind parks in Spain. The order includes the supply, installation, and a 20-year service agreement for nine turbines. Delivery … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain
Tagged José Luis del Cerro, partnership, Spain, sustainability, Vestas, wind parks, wind turbine
(IN BRIEF) African Clean Energy Developments (ACED) has placed a 144 MW order with Vestas for the Khangela Emoyeni wind farm in Western Cape, South Africa. This order includes 32 V163-4.5 MW wind turbines and a 10-year service agreement. It … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged African Clean Energy Developments (ACED), Khangela Emoyeni Wind Farm, Novani Ganess-Johnson, partnership, Sam Cook, South Africa, sustainability, Vestas, wind turbine
(IN BRIEF) Vestas has secured a 105 MW order from LEAG for the Forst-Briesnig II wind energy project in Germany’s Lausitz region. The project, set on a former brown coal mining area, will include 17 V162-6.2 MW wind turbines. Vestas … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Dominique Guillou, EP Corporate Group, Forst-Briesnig II Project, Germany, Jens Kück, LEAG, partnership, sustainability, Thorsten Kramer, Tomáš David, Vestas, wind turbine
(IN BRIEF) Vestas has secured an 81 MW contract from Invenergy for the Pencloe wind energy project in Dumfries and Galloway, Scotland. The project involves the supply, delivery, installation, and commissioning of 18 V136-4.5 MW wind turbines. Vestas will also … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Invenergy, James Ian Robinson, partnership, Pencloe Project, Scotland, Stuart Winter, sustainability, Vestas, Wind Turbine Deal
(IN BRIEF) Vestas has secured a 114 MW contract from SAB WindTeam for the Ahlum-Dettum wind project in Lower Saxony, Germany. The order includes the supply, delivery, and commissioning of 17 V162-6.2 MW and two V136-4.2 MW wind turbines, along … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Ahlum-Dettum Project, Denmark, Germany, Lars Niebuhr, partnership, SAB WindTeam GmbH, Sulai Fahimi, sustainability, Vestas, wind turbine
(IN BRIEF) TagEnergy has awarded Vestas the Engineering, Procurement, and Construction (EPC) contract for the second stage of the Golden Plains Wind Farm in Australia. This stage will include 93 Vestas V162-6.2 MW wind turbines, adding 577 MW to the … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Andrew Riggs, Australia, Engineering Procurement and Construction (EPC) Contract, Golden Plains Wind Farm, partnership, Purvin Patel, sustainability, TagEnergy, Vestas
(IN BRIEF) Vestas secures a 124 MW wind energy project order in Telsiai, Lithuania, from Utilitas Wind and Latvenergo AS, marking a significant advancement in the Baltic region’s renewable energy capacity. The order includes 20 V162-6.2 MW wind turbines, with … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News
Tagged Baltic Wind Project, Jens Pinderup, Latvenergo AS, Lithuania, Mārtiņš Čakste, partnership, Rene Tammist, sustainability, Telsiai, Utilitas Wind, Vestas
(IN BRIEF) Vestas embarks on a groundbreaking initiative to pilot Sustainable Aviation Fuel (SAF) at the Baltic Eagle Wind Farm in the Baltic Sea during 2024. The project entails Vestas technicians and jack-up vessel crew utilizing helicopters partly fueled by … Read the full press release
(IN BRIEF) The Baltic Eagle offshore wind farm, a joint venture between Iberdrola and Masdar, has installed its first turbine, marking the beginning of the final phase of construction. This 476 MW project is set to be fully operational by … Read the full press release
Posted in Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, Spain
Tagged Baltic Eagle, Baltic Eagle wind farm, Blue Tern, clean energy, Felipe Montero, Fred. Olsen Windcarrier, Husain Al Meer, Iberdrola, Masdar, Nils de Baar, renewable energy, turbine, Vestas, Wikinger, wind turbines, Windanker
(IN BRIEF) Sempra Infrastructure, a subsidiary of Sempra, has awarded Vestas a 319 MW order for the expansion of the Cimarron wind farm in Tecate, Mexico. As part of the Energia Sierra Juarez Wind Complex, this phase will add 64 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Cimarron Wind Farm, Mario Barreiro Castellanos, Mehdi Hadbi, Mexico, partnership, Sempra, Sempra Infrastructure, sustainability, Vestas, vests
(IN BRIEF) Vestas has secured a firm order from Thyborøn-Harboøre Vindmøllelaug I/S af 2002 for a V236-15.0 MW wind turbine to be installed directly on the waterfront in the Port of Thyborøn, Denmark. The order includes supply, delivery, commissioning, and … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Denmark, Jens Jørgen Birch, Nils de Baar, partnership, sustainability, Thyborøn Port, V236-15.0 MW Wind Turbine, Vestas
(IN BRIEF) For the year 2023, Vestas achieved revenue of EUR 15,382m (outlook: EUR 14.5-15.5bn), with an EBIT margin before special items of 1.5 percent (outlook: 0-2 percent), and total investments1 of EUR 823m (outlook: approx. EUR 0.8bn). The value of the … Read the full press release
(IN BRIEF) Vestas, the global wind turbine manufacturer, has clinched a significant order for 254 MW to power an undisclosed wind project in Australia. The order encompasses 41 V162-6.2 MW wind turbines sourced from Vestas’ EnVentus platform. In addition to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Australian Project, partnership, sustainability, Vestas, wind turbine
(IN BRIEF) Vestas has received a confirmed order from UAB Vejoteka, a subsidiary of Enefit Green, for the Kelme II wind farm project located in Lithuania. The order comprises 14 V162-6.2 MW wind turbines, encompassing supply, delivery, and commissioning services. … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News
Tagged Andres Maasing, Enefit Green, Jens Pinderup, Kelme II Wind Farm, Lithuania, partnership, sustainability, UAB Vejoteka, V162-6.2 MW wind turbines, Vestas, wind turbines
(IN BRIEF) Vestas has received a confirmed order from BayWa r.e. for the Dollenkamp project located in Brakel, North Rhine-Westphalia, Germany. The order comprises eight V162-5.6 MW wind turbines, covering supply, delivery, and commissioning services. Once operational, Vestas will provide … Read the full press release
(IN BRIEF) In a significant move during COP28, Vestas and DTEK have signed a Memorandum of Understanding (MOU) to advance the second phase of the Tyligulska wind project in southern Ukraine. This MOU outlines their intention to develop an additional … Read the full press release
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