Vestas has entered into an agreement for the acquisition of Utopus Insights, Inc., an energy analytics provider with 15 years of experience in solutions development, a suite of innovative digital products, over 30 patents, and a highly experienced team with data science expertise in analytics, power engineering, energy software development, and meteorology. The acquisition price…
Vestas upgrades free cash flow predictions, thanks to a strong order intake
Based on preliminary reports, Vestas had upgraded the expectations for the 2017 free cash flow. The new goal is set at €1,150 million to €1,250 million compared to the previous expectation of €450 million to €900 million. However, the estimate is based on preliminary reporting and does not include investments in marketable securities, the wind-turbine…
Vestas wins largest order intake in India in one year with new 96-MW turbine order
Watsun Infra Private Limited, a subsidiary of Continuum Wind Energy, has placed a 96-MW order for the second phase of the 150-MW Periyapatti Wind Farm in the state of Tamil Nadu. The project showcases the 2-MW platform’s flexibility by optimizing wind park layout to the site’s wind conditions and employing 34 V100-2.0-MW turbines as well…
Vestas passes 10.5 GW in global order intake for 2017
Vestas has received a firm and unconditional order for 190 MW of 4-MW platform turbines in the U.S. that takes Vestas’ global order intake in 2017 to 10,595 MW, surpassing 2016’s record order intake of 10,494 MW. The 2017 order intake is based on announced orders in all four quarters of 2017 as well as…
Vestas hits 1-GW mark in Sweden with latest wind-turbine order
Vestas has secured a 279-MW order in Sweden from long-term customer Eolus Vind AB that comprises of 61, V136-3.45 MW turbines. The wind turbines have a 3.6-MW Power Optimized Mode, specifically increased to 3.8 MW for the Kråktorpet and Nylandsbergen wind power projects, and 13 V136-3.45 MW with 3.6 MW Power Optimized Mode for the Sötterfällan…
Vestas receives 28-MW U.S. wind order
Vestas has received an order for 28 MW of 4-MW platform-compatible turbine components that qualify for 80% of the PTC value under the bipartisan PATH act that Congress passed in 2015. The PTC qualifying components enable future wind energy projects to be realized. The long-term PTC phasedown terms set in the PATH act made the…
Vestas and W.E.B sign wind orders in Germany & Austria
Vestas has signed an agreement with W.E.B to supply its 4-MW platform for future projects in Germany, Austria, Italy, France, Canada, and the U.S. that potentially can materialize into a three-digit volume over the next two years. As part of the agreement, W.E.B has placed orders for a total of 35 MW across one wind…
Vestas to repower German wind farm and triple its capacity
Vestas has received a firm and unconditional 21-MW order from Energieprojekte Eichsfeld for repowering of the Reinholterode wind farm in Central Germany. With this project, Vestas gets a new customer and the opportunity to repower wind turbines from a competitor. The wind farm currently consists of four 1.5-MW turbines, which will be replaced by six V126-3.45-MW that…
Vestas receives first order for new V136-4.2-MW turbines
Less than six months after launching the upgraded V136-4.2-MW turbine, Vestas has received the first order for the new turbine through a 357-MW landmark order for the Valhalla project that is Vestas’ largest to date in Sweden. The press release references company announcement no. 53/2017 of 18 December 2017. Placed by long-term customer OX2, a…
Vestas to integrate energy storage with wind power
With renewable energy generation now cost-competitive with electricity produced from fossil fuels, significant challenges remain in how to integrate renewable energy into power grids and systems, as renewables cannot always match supply with demand. Sustainable energy company, Vestas, and battery-manufacturer, Northvolt, announced a technology collaboration on the development of a lithium-ion battery platform for Vestas power plants.…
Vestas wins 40 MW U.S. order for 80% PTC qualifying wind-turbine components
Vestas has received an order for 40 MW of turbine components that qualify for 80% of the PTC value, under the bipartisan PATH act that Congress passed in 2015. The long-term phasedown terms set in the PATH act have resulted in nearly $50 billion of investment in the U.S., including the expansion of factories,…
New wind company in China chooses Vestas’ turbines for its first project
“The wind park” has selected Vestas for its first-ever wind energy project. The order includes 35, V110-2.0 MW turbines, delivered in 2.2-MW Power Optimized Mode for a project in Dezhou city, in eastern China’s Shandong Province. The wind park will leverage Vestas’ high-tower solution with a hub height of 137 meters — which has already…
MidAmerican places 70-MW turbine order for Wind XI project in Iowa
MidAmerican Energy Company, a subsidiary of Berkshire Hathaway Energy and the largest regulated utility owner of wind energy in the U.S, has placed an order for 70 MW of Vestas’ V110-2.0 MW turbines towards the 2,000 MW Wind XI project in Iowa. When fully operational in 2020, alongside other projects, the Wind XI project will help MidAmerican Energy…
Capital Power chooses Vestas turbines for North Dakota’s New Frontier Wind Project
Capital Power has placed a firm and unconditional order for 29, V126-3.45 MW turbines for the New Frontier Wind Project, expanding Vestas’ 4-MW platform into North Dakota. The order is Capital Power’s second onshore wind development project in the United States and an example of the 4-MW platform’s successful introduction to the U.S. The New Frontier…
Vestas wins North American wind deal
Vestas says it has signed a conditional agreement for the supply of wind turbines for a new project in North America. The project will be for 300 MW wind farm. However, Vestas has not released other project or contract details. If and when the project translates into a firm and unconditional, the company says it will…
Vestas to repower high-altitude wind project
Located in Niedere Tauern mountain massif in Styria, Austria, the Tauernwindpark is one of the highest-located wind farms in Europe — operating 1,900 meters above sea-level. ImWind, Tauernwindpark’s owner, was looking to repower the 22.75 MW wind park, which currently consists of 13, V66-1750 kW wind turbines. A wind-power project in such an environment is…
Vestas joins RE100 & highlights commitment to renewables
Vestas announced that it is joining RE100, a group of global companies dedicated to increasing demand for renewable energy. Led by The Climate Group in partnership with CDP, RE100 is a global, collaborative initiative of influential businesses committed to using 100% renewable electricity to accelerate the transformation of the global energy market and aid the transition toward…
Vestas receives first order for V136-3.45 MW turbines in the U.S.
Vestas has received a firm and unconditional order in the U.S. for 136 MW of turbines including both the 2 and 4-MW platforms. The order marks the introduction of the V136-3.45 MW wind turbine in the United States, which is particularly well suited for the many mid- and low-wind sites across the country. The…
MHI Vestas to test & verify its 9.5-MW turbine at Clemson U test center
The $35 million total project investment (for testing the 9.5 MW turbine) will direct as much as $23 million over five years to Clemson and stimulate the employment of a dozen hi-tech jobs.
Vestas intros V120-2.0/2.2-MW wind turbine to China
In response to customer demand for a turbine for low and ultra-low wind conditions, Vestas officially introduced the V120-2.0/2.2 MW turbine to the Chinese market, as a build-up to China Wind Power 2017, the annual trade fair in China’s wind power industry. “Projects in China are increasingly moving to low and ultra-low wind areas in…