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Vestas Wind Systems A/S (VWS.CO)

VWS.CO on Copenhagen Stock Exchange

410.80DKK
22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Vestas Wind 66 MW Panama Wind Farm Order From Elecnor
Tuesday, 19 Jun 2018 

June 19 (Reuters) - Vestas Wind Systems A/S ::SAYS VESTAS HAS RECEIVED ITS FIRST EVER ORDER IN PANAMA THROUGH A WIND ENERGY SOLUTION FOR 66 MW TOABRÉ WIND PARK.THE ORDER IS PLACED BY ELECNOR AND INCLUDES 20 V117-3.45 MW TURBINES, DELIVERED IN 3.3 MW LOAD OPTIMISED MODE.SAYS TURBINE DELIVERY IS EXPECTED FOR Q1 OF 2019, WITH COMMISSIONING EXPECTED IN LAST QUARTER OF 2019.  Full Article

Vestas Gets 228 MW Order In Australia
Tuesday, 19 Jun 2018 

June 19 (Reuters) - Vestas Wind Systems A/S ::VESTAS SAYS HAS RECEIVED AN ORDER FOR THE 228 MW LAL LAL WIND FARM, LOCATED IN VICTORIA, AUSTRALIA, WHICH IS OWNED BY A PARTNERSHIP COMPRISING INFRARED CAPITAL PARTNERS, MACQUARIE CAPITAL AND NORTHLEAF CAPITAL.VESTAS WILL SUPPLY, COMMISSION AND SERVICE 60 V136-3.6 MW TURBINES, DELIVERED IN 3.8 MW POWER OPTIMISED MODE AND A HUB HEIGHT OF 93 METERS.VESTAS SAYS THE ORDER INCLUDES A 30-YEAR ACTIVE OUTPUT MANAGEMENT 5000 (AOM 5000) SERVICE AGREEMENT.TURBINE DELIVERY IS EXPECTED TO COMMENCE IN THE 4(TH) QUARTER OF 2018 WHILE COMMISSIONING IS EXPECTED BY THIRD QUARTER OF 2019.  Full Article

Vestas Receives 100 MW Order In The U.S.
Friday, 1 Jun 2018 

June 1 (Reuters) - Vestas Wind Systems A/S ::RECEIVES 100 MW ORDER IN THE U.S. FOR PROJECT CO-DEVELOPED WITH RES AMERICA DEVELOPMENTS.ORDER INCLUDES SUPPLY AND COMMISSIONING OF TURBINES AS WELL AS A 20-YEAR ACTIVE OUTPUT MANAGEMENT 5000 (AOM 5000) SERVICE AGREEMENT.TURBINE DELIVERY WILL BEGIN IN Q2 OF 2019.  Full Article

Vestas Gets 106 MW Order In Argentina
Friday, 18 May 2018 

May 18 (Reuters) - VESTAS WIND SYSTEMS A/S SAYS::HAS RECEIVED A 106 MW ORDER FOR TWO WIND PARKS LOCATED NEARBY BAHIA BLANCA CITY IN THE PROVINCE OF BUENOS AIRES.ORDER IS PLACED BY PAMPA ENERGÍA S.A. AND INCLUDES SUPPLY AND INSTALLATION OF 28 V136-3.45 MW TURBINES DELIVERED IN 3.8 MW POWER OPTIMISED MODE FOR PAMPA AND DE LA BAHÍA WIND PARK THAT BOTH HAVE A TOTAL CAPACITY OF 53 MW.ORDER INCLUDES A 20-YEAR ACTIVE OUTPUT MANAGEMENT (AOM 5000) SERVICE AGREEMENT.TURBINE DELIVERY IS PLANNED FOR THE LAST QUARTER OF 2018, WHILST COMMISSIONING IS EXPECTED FOR THE FIRST QUARTER OF 2019.  Full Article

Norsk Hydro signs 19-year wind power contract with Sweden's Blakliden
Wednesday, 16 May 2018 

May 16 (Reuters) - Aluminium firm Norsk Hydro ASA ::NORSK HYDRO: HYDRO SIGNS NEW LONG-TERM POWER CONTRACT FOR NORWEGIAN ALUMINIUM PORTFOLIO.POWER CONTRACT IS WITH BLAKLIDEN FÄBODBERGET WIND AB, A SWEDISH WIND POWER COMPANY, FOR ANNUAL BASELOAD SUPPLY OF 0.66 TERAWATT HOURS (TWH) IN PERIOD FROM 2022 TO 2041.BLAKLIDEN FÄBODBERGET WIND AB IS DEVELOPING AN ONSHORE WIND PARK LOCATED IN NORTHERN SWEDEN, AND IS OWNED BY VATTENFALL (30%), PKA FUNDS (30%) AND VESTAS (40%).CONTRACT WILL CONTRIBUTE TO SUPPLYING POWER TO HYDRO'S ALUMINIUM PLANTS IN NORWAY.  Full Article

Vestas, Vattenfall, PKA partner up for Swedish wind farm
Wednesday, 16 May 2018 

May 16 (Reuters) - Vestas Wind Systems A/S ::PARTNERS WITH SWEDISH UTILITY, VATTENFALL, AND DANISH PENSION FUND, PKA, FOR 353 MW WIND ENERGY PROJECT IN SWEDEN.SAYS FOR PROJECT, WHICH IS PKA'S FIRST INVESTMENT IN ONSHORE WIND, VESTAS WILL PROVIDE 353 MW OF V136-4.2 MW TURBINES AS WELL AS BECOME A SHAREHOLDER THROUGH A SHARE PURCHASE AGREEMENT FOR 40 PERCENT OF PROJECT.SAYS PKA AND VATTENFALL WILL OWN 30 PERCENT PROJECT EQUITY EACH.SAYS PROJECT'S TOTAL CONSTRUCTION FUNDING IS AROUND EUR 350M AND WILL BE PARTIALLY FUNDED BY NON-RECOURSE PROJECT FINANCING WHILE FINANCIAL CLOSE IS EXPECTED TO BE FINALISED IN COMING MONTHS.SUBJECT TO PROJECT FINANCING BEING IN PLACE, A 20-YEAR POWER PURCHASE AGREEMENT WITH NORSK HYDRO <<>> WILL BE CLOSED.  Full Article

TPI And Vestas Expand Relationship In Mexico
Wednesday, 9 May 2018 

May 9 (Reuters) - TPI Composites Inc ::TPI AND VESTAS EXPAND RELATIONSHIP IN MEXICO.TPI COMPOSITES - VESTAS WIND SYSTEMS A/S EXERCISED OPTION FOR 2 ADDITIONAL BLADE MANUFACTURING LINES UNDER EXISTING MULTIYEAR SUPPLY AGREEMENT.  Full Article

MHI Vestas Gets 224MW Order In Belgium
Wednesday, 25 Apr 2018 

April 25 (Reuters) - MHI VESTAS, A JV BETWEEN VESTAS WIND SYSTEMS A/S AND JAPAN'S MITSUBISHI HEAVY INDUSTRIES 7011.TT, SAYS::PARKWIND AND MHI VESTAS JOIN FORCES FOR NORTHWESTER 2 IN BELGIUM.THE 224 MW NORTHWESTER 2 PROJECT, THE FOURTH COLLABORATION BETWEEN PARKWIND AND MHI VESTAS, WILL COMPRISE 23 TURBINES AND PROVIDE ENOUGH CLEAN ENERGY TO POWER 220,000 BELGIAN HOMES.SAYS BELGIUM'S NORTHWESTER 2 IS SET TO BECOME WORLD'S FIRST OFFSHORE WIND PARK WITH RECORD-SETTING V164-9.5 MW TURBINE.INSTALLATION SET FOR LATE 2019.  Full Article

Vestas To Continue Share-Based Incentive Programme
Tuesday, 17 Apr 2018 

April 17 (Reuters) - Vestas Wind Systems A/S ::BOARD HAS DECIDED TO CONTINUE SHARE-BASED INCENTIVE PROGRAMME FOR ALL PARTICIPANTS.LAUNCHES A NEW PROGRAMME FOR 2018 BASED ON TERMS AND CONDITIONS GOVERNING RESTRICTED PERFORMANCE SHARE PROGRAMME FOR 2017.  Full Article

TPI And Vestas Sign Wind Blade Supply Agreement To Open New Facility In China
Monday, 19 Mar 2018 

March 19 (Reuters) - TPI Composites Inc ::TPI AND VESTAS SIGN WIND BLADE SUPPLY AGREEMENT TO OPEN NEW FACILITY IN CHINA.TPI COMPOSITES - ‍ BLADES WILL BE PRODUCED AT NEW FACILITY IN YANGZHOU, WHICH IS SCHEDULED TO OPEN FOR PRODUCTION IN H1 2019​.TPI COMPOSITES INC - ‍SIGNED SUPPLY DEAL WITH VESTAS WIND SYSTEMS A/S TO PROVIDE BLADES FROM 4 MANUFACTURING LINES FOR NEW V150-4.2 MW WIND TURBINE​.  Full Article

UPDATE 1-France cuts tariffs on controversial offshore wind projects

* Government had considered cancelling the projects (Adds confirmation by environment minister, GE reaction)