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Vestas Wind Systems A/S is a Danish manufacturer, seller, installer, and servicer of wind turbines that was founded in 1945. The company operates manufacturing plants in Denmark, Germany, the Netherlands, Taiwan, India, Italy, Romania, the United Kingdom, Spain, Sweden, Norway, Australia, China, Brazil, Poland and the United States, and employs more than 25,000 people globally. , it is the largest wind turbine company in the world.


Operations

Vestas has installed over 66,000 wind turbines for a capacity of 100 GW in over 80 countries on five continents. the company has built production facilities in more than 12 countries, among them China, Spain and the United States.Wind as a modern energy source: the Vestas view
(PDF).
Vestas employs 29,000 people.


History

Vestas traces its roots to 1898 when Hans Smith Hansen bought a blacksmith shop in , West Jutland, that 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,
intercooler An intercooler is a heat exchanger used to cool a gas after compression. Often found in turbocharged engines, intercoolers are also used in air compressors, air conditioners, refrigeration and gas turbines. Internal combustion engines Mo ...
s in 1956, and hydraulic
cranes Crane or cranes may refer to: Common meanings * Crane (bird), a large, long-necked bird * Crane (machine), industrial machinery for lifting ** Crane (rail), a crane suited for use on railroads People and fictional characters * Crane (surname), ...
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 Palm Springs (Cahuilla: ''Séc-he'') is a desert resort city in Riverside County, California, United States, within the Colorado Desert's Coachella Valley. The city covers approximately , making it the largest city in Riverside County by land a ...
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%Reddall, Braden
Vestas will not chase market share at any price
Reuters/ BTM Consult, 1 September 2010. Retrieved 30 December 2010.
and 14%.Acher, John
Vestas kept No. 1 spot in wind market -consultant
Reuters/MAKE, 17 March 2010. Retrieved 30 December 2010.
Vestas began a whistleblower program in 2007, among the first in Denmark. On 1 December 2008 Vestas announced plans to expand its North American headquarters in Portland through construction of a 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 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 China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...
, 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.Reuters
Reuters.
In November 2010, Vestas shut down the 70-person staff advisory department 'Vestas Excellence', responsible for securing competitiveness, handling suppliers,
quality assurance Quality assurance (QA) is the term used in both manufacturing and service industries to describe the systematic efforts taken to ensure that the product(s) delivered to customer(s) meet with the contractual and other agreed upon performance, design ...
and globalization.Stage, Mie
Vestas fires 70 experts
(in Danish) Ing.dk, 17 November 2010. Retrieved 18 November 2010.
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 A tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total they owe the state. It may also be a credit granted in recognition of taxes already paid or a form of state "disc ...
, 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 a nacelle manufacturing facility 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 The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financ ...
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 September 2013, Vestas made a joint venture for offshore wind turbines with Mitsubishi Heavy Industries creating MHI-Vestas, including the 7-9 MW
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 n ...
, the most powerful turbine on Earth. 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. , 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 February 2016, Vestas got its largest order of 1,000 MW (278 x 3.6 MW) for the
Fosen Fosen is a traditional district in Trøndelag, consisting of the municipalities Osen, Roan Åfjord, Ørland, Indre Fosen, Orkland, Heim, Hitra and Frøya. The district is dominated by forested valleys, lakes, coastal cliffs but also shallow a ...
project near Trondheim in Norway. It costs DKK 11 billion, and should deliver 3.4 TWh per year. In 1Q 2016, the average wind turbine price was 0.83 million Euro per MW, compared to 0.91 a year before. In 2016, Vestas was voted number 7 on the Clean200 list. In 2019, MHI-Vestas received a supply and operations vessel for the Deutsche Bucht Offshore Wind Project, with a further two ships scheduled for other projects.


Research and development

Vestas spent €92 million ($128 million), or 1.4% of revenue, on
research and development Research and development (R&D or R+D), known in Europe as research and technological development (RTD), is the set of innovative activities undertaken by corporations or governments in developing new services or products, and improving existi ...
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.Rosen, Ellen
Intellectual Property
'' Bloomberg'', 11 October 2010. Retrieved 11 October 2010.
In October 2009, Vestas and QinetiQ claimed a successful test of a
stealth Stealth may refer to: Military *Stealth technology, technology used to conceal ships, aircraft, and missiles **Stealth aircraft, aircraft which use stealth technology **Stealth ground vehicle, ground vehicles which use stealth technology ** Stea ...
wind turbine blade mitigating radar reflection problems for aviation.QinetiQ and Vestas test 'stealth technology' for wind turbines
''Renewable Energy Focus'', 26 October 2009. Retrieved 22 September 2010.

Reuters.
Cnet ''CNET'' (short for "Computer Network") is an American media website that publishes reviews, news, articles, blogs, podcasts, and videos on technology and consumer electronics globally. ''CNET'' originally produced content for radio and televi ...
, 27 January 2010. Retrieved 22 September 2010.
Fairly, Peter
Stealth-Mode Wind Turbines
'' Technology Review'', 2 November 2009. Retrieved 22 September 2010.
Appleton, Steve
Stealth blades – a progress report
'' QinetiQ''. Retrieved 22 September 2010.
In December 2010 Vestas were developing the V164 7 MW offshore turbine, with a 164 m rotor diameter. Prototypes of it were manufactured at
Lindø Odense Steel Shipyard ( da, Odense Staalskibsværft) was a Danish shipyard company located in Odense. It was best known for building container ships for its parent group, A.P. Moller – Maersk Group, including the Mærsk E class in 2006 whic ...
(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 occurs at Lindø, while blades are made at Vestas' Isle of Wight facilitiesBredsdorff, Magnus.
Nu indleder Vestas serieproduktion af verdens største havmølle
'' Ingeniøren'', 22 December 2014. Retrieved: 24 December 2014.
in England.Dyrskjøt, Mette
Vestas builds turbines at Lindø
''
Børsen Børsen (Danish for "the Exchange"), also known as Børsbygningen ("The (Stock) Exchange building" in English), is a 17th-century stock exchange in the center of Copenhagen. The historic building is situated next to Christiansborg Palace, the seat ...
'', 24 November 2011. Retrieved 10 December 2011.
DONG Energy Dong or DONG may refer to: Places * Dong Lake, or East Lake, a lake in China * Dong, Arunachal Pradesh, a village in India * Dong (administrative division) (동 or 洞), a neighborhood division in Korea Persons *Queen Dong (1623–1681), princes ...
tested a prototype in the sea off Frederikshavn in 2013, at a cost of DKK 240 million.Nymark, Jen
Seaturbines competitive in 15 years
''
Børsen Børsen (Danish for "the Exchange"), also known as Børsbygningen ("The (Stock) Exchange building" in English), is a 17th-century stock exchange in the center of Copenhagen. The historic building is situated next to Christiansborg Palace, the seat ...
'', 15 November 2011. Retrieved 10 December 2011.
Vestas/DONG tests 7 MW turbine
''fushi'', 27 October 2011. Retrieved 10 December 2011.
A V164 was installed for testing in Østerild Wind Turbine Test Field in 2014, later uprated to more power. In June 2011, the Vestas
supercomputer A supercomputer is a computer with a high level of performance as compared to a general-purpose computer. The performance of a supercomputer is commonly measured in floating-point operations per second ( FLOPS) instead of million instructions ...
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 EDP - Energias de Portugal (formerly Electricidade de Portugal) is a Portuguese electric utilities company, headquartered in Lisbon. It was founded in 1976 through the merger of 14 nationalised electricity companies. History EDP was founded as '' ...
, Repsol, Principle Power, A. Silva Matos, Inovcapital and Portugal Ventures).Semi-submersible wind turbine is floating into the future
"ReCharge" 4 July 2012
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, 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. The first three months of testing confirmed theoretical models. Vestas has no immediate plans of commercializing the prototype. Test results were published in 2019, indicating lower costs. As of 2022, Vestas produces the second highest offshore wind turbine in the world, with a blade of 115 meters and an energy power of 15 MW. In September 2022, Vestas unveiled the tallest onshore tower for a wind farm. The 199-meter structure will allow to reach the zone of stronger and more stable winds. It is supposed to install a Vestas V172 generator with a rotor diameter of 172 meters and a power of 7.2 MW. It is planned to place the towers in Germany and Austria. Vestas operates a blade recycling facility in USA. File:Vestas V126-3.45 MW guyed tower at Østerild, 2017.jpg, Vestas V126-3.45 MW guyed tower at Østerild File:Agucadoura WindFloat Prototype.jpg, WindFloat, operating at rated capacity (2 MW), approximately offshore of Agucadoura, Portugal File:Windräder - Bischberg 007.jpg, Vestas V112-3.0 MW in Bavaria, Germany


See also

* List of wind turbine manufacturers *
Renewable energy industry The renewable-energy industry is the part of the energy industry focusing on new and appropriate renewable energy technologies. Investors worldwide have paid greater attention to this emerging industry in recent years. In many cases, this has tra ...
* Wind power * Wind power in Denmark


References


External links

*
Yearly accumulated orders, 2010-2014
{{Authority control Manufacturing companies of Denmark Multinational companies headquartered in Denmark Companies listed on Nasdaq Copenhagen Wind power in Denmark Wind turbine manufacturers Companies based in Aarhus Danish brands Danish companies established in 1945 Manufacturing companies established in 1945