Vestas Nets 1.38 GW Norfolk Vanguard West Offshore Wind Project Updated On Wed, Dec 27th, 2023 by Saurenergy Vattenfall, the Swedish renewable energy company, has chosen Vestas, the Danish wind turbine manufacturer, as the preferred supplier for the Norfolk Vanguard West project in UK, which boasts a capacity of 1.38 gigawatts (GW). As part of the preferred supplier agreement for the Norfolk Vanguard West project, Vestas will provide 92 V236-15 MW offshore wind […] Read more
Vestas Joins 9GW Floating Wind Farm Development in South Korea Updated On Tue, Mar 15th, 2022 by Saurenergy According to a statement released by the South Korea’s Ulsan City Government, a Memorandum of Understanding (MoU) has been signed between Vestas – the Denmark based leading wind turbine manufacturer – and Ulsan City Administration, Ulsan Port Authority and Sejin Heavy Industries & Construction meant to foster cooperation between the parties for the development of […] Read more
Vestas Revenues At $4.1 Bn in Q2 FY21, Orsted Reports $2.68 Bn Updated On Thu, Aug 12th, 2021 by Saurenergy Danish wind turbines manufacturer, Vestas Wind Systems, has released its financial results for the second quarter of the fiscal year 2021 (Q2FY21), and it has reported a revenue of EUR 3.53 billion (USD 4.15 billion). Fellow Danish utility and developer, Orsted also reported its financial results for the same quarter today, coming out with a […] Read more
Vestas Invests in CIP to Expand Presence Across Wider Range of Renewable Value Chain Updated On Mon, Dec 21st, 2020 by Saurenergy Vestas has invested in Copenhagen Infrastructure Partners, (CIP), the world’s largest dedicated fund manager in greenfield renewable energy infrastructure, to acquire a 25 percent minority stake in the investment management company, ref. Company Announcement no. 45/2020 of 18 December 2020. With the investment, Vestas seeks to create value across a wider range of the renewable […] Read more
Wind Turbine Maker Vestas Feels the ‘COVID-19’ Heat; Suspends 2020 Guidance Updated On Wed, Apr 8th, 2020 by Saurenergy Danish wind turbine manufacturer Vestas is now feeling the heat of coronavirus pandemic and has suspended its guidance for the year 2020 amid disruptions faced in continuing its normal business operations. The company, recently, revealed that the spread of the virus globally and the national measures implemented to contain it have eventually, however, caused disruptions […] Read more