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Vestas Wind Systems A/S (VWS.CO)

VWS.CO on Copenhagen Stock Exchange

525.00DKK
14 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Vestas Receives Largest Order To Date In India With 252 MW EPC Project
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - Vestas Wind Systems A/S ::VESTAS RECEIVES LARGEST ORDER TO DATE IN INDIA WITH 252 MW EPC PROJECT FROM AUCTION.  Full Article

Vestas Gets 52 MW EPC Contract In Jordan
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - Vestas Wind Systems A/S ::VESTAS HAS SIGNED AN ENGINEERING, PROCUREMENT AND CONSTRUCTION (EPC) CONTRACT FOR 52 MW ABOUR WIND PARK IN TAFILEH, JORDAN.SAYS VESTAS HAS SIGNED AN ENGINEERING, PROCUREMENT AND CONSTRUCTION (EPC) CONTRACT FOR 52 MW ABOUR WIND PARK IN TAFILEH, JORDAN.  Full Article

Moray East Signs Firm Order With MHI Vestas For 950 MW Offshore Wind Project
Thursday, 6 Dec 2018 

Dec 6 (Reuters) - MHI VESTAS, A JOINT VENTURE BETWEEN VESTAS AND MITSUBISHI HEAVY INDUSTRIES<7011.T>, SAYS::SAYS MORAY EAST SIGNS FIRM ORDER WITH MHI VESTAS OFFSHORE WIND.MHI VESTAS CELEBRATED FINANCIAL CLOSE TODAY WITH MORAY EAST FOR THE 950 MW MORAY EAST OFFSHORE WIND FARM AS THE OFFSHORE WIND TURBINE MANUFACTURER SIGNED A FIRM TURBINE SUPPLY ORDER. THE ORDER INCLUDES A 15-YEAR SERVICE AGREEMENT..  Full Article

Vestas Receives 106 MW Order In Greece
Wednesday, 5 Dec 2018 

Dec 5 (Reuters) - VESTAS WIND SYSTEMS A/S ::VESTAS RECEIVES 106 MW ORDER IN GREECE.THE ORDER INCLUDES THE SUPPLY AND INSTALLATION OF 14 V136-4.2 MW, FIVE V136-3.6 MW AND EIGHT V117-3.6 MW TURBINES..SOME OF THE V136-4.2 MW TURBINES WILL BE EQUIPPED WITH VESTAS’ ANTI-ICING SYSTEM(TM).BESIDES THE SUPPLY AND INSTALLATION OF THE WIND TURBINES, THE CONTRACT ALSO INCLUDES A 20-YEAR SERVICE AGREEMENT..TURBINE DELIVERY IS PLANNED FOR THE SECOND AND THIRD QUARTER OF 2019, WHILST COMMISSIONING IS PLANNED FOR THE THIRD QUARTER OF 2019..  Full Article

Vestas CEO Says Wind Industry Looks Ready For Further Consolidation
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - VESTAS WIND SYSTEMS A/S CEO ANDERS RUNEVAD::SAYS THE WIND INDUSTRY LOOKS READY FOR FURTHER CONSOLIDATION.SAYS STRATEGY REMAINS BASED ON ORGANIC GROWTH.  Full Article

Vestas: Jason Folsom Becomes Vestas MHI First Official Hire In The US Market
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - Vestas Wind Systems A/S ::US OFFSHORE WIND PIONEER JOINS MHI VESTAS.JASON FOLSOM BECOMES COMPANY'S FIRST OFFICIAL HIRE IN THE US MARKET.  Full Article

Vestas Secures First Multi-Brand Repowering Order From Pacificorp
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - Vestas Wind Systems A/S ::SECURES FIRST MULTI-BRAND REPOWERING ORDER FROM PACIFICORP.VESTAS HAS RECEIVED AN ORDER FROM PACIFICORP, A SUBSIDIARY OF BERKSHIRE HATHAWAY ENERGY.PROJECT WAS ORIGINALLY COMMISSIONED IN 2008.TURBINE DELIVERY WILL BEGIN IN Q1 OF 2019.TODAY'S ORDER FOLLOWS PACIFICORP'S 234 MW ORDER WITH VESTAS TO REPOWER MARENGO I AND II PROJECTS, ALSO LOCATED IN WASHINGTON.  Full Article

MHI Vestas To Hire 50 New Employees At Danish Wind Turbine Factory
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - MHI VESTAS, AN OFFSHORE WIND JV BETWEEN VESTAS WIND SYSTEMS A/S AND MITSUBISHI HEAVY INDUSTRIES<7011.T>, SAYS::TO HIRE 50 NEW EMPLOYEES AT NACELLE FACTORY IN REGIONAL DENMARK.IN ADDITION TO ADDITIONAL STAFF AND A NEW TESTING REGIME, THE EXPANSION PLANS ALSO INCLUDE AN ADDITIONAL 10,000 SQ. METERS OF FACTORY SPACE, AND 27,000 SQ. METERS OF STORAGE SPACE FOR COMPLETED NACELLES, EFFECTIVELY DOUBLING THE COMPANY'S PHYSICAL FOOTPRINT AT LINDOE. ."OFFSHORE WIND IS IN THE MIDST OF EXPLOSIVE GROWTH AROUND THE WORLD WITH GOVERNMENTS FROM TAIWAN, THE US, JAPAN, AND MANY OTHERS DECLARING AN APPETITE FOR MORE OFFSHORE WIND," SAYS CHIEF MANUFACTURING OFFICER, ROBERT BORIN.  Full Article

Vestas Secures 52 MW EPC Contract From Jordanian Auction
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - VESTAS WIND SYSTEMS A/S ::VESTAS SECURES 52 MW EPC CONTRACT FROM JORDANIAN AUCTION.THE ORDER WAS PLACED BY DAEHAN WIND POWER.THE CONTRACT INCLUDES THE SUPPLY, TRANSPORT, INSTALLATION AND COMMISSIONING OF 15 V136-3.45 MW TURBINES .TURBINE DELIVERY IS PLANNED FOR THE THIRD QUARTER OF 2019, WHILST COMMISSIONING IS EXPECTED IN THE FIRST QUARTER OF 2020.THE ORDER INCLUDES A 20-YEAR ACTIVE OUTPUT MANAGEMENT 5000 (AOM 5000) SERVICE AGREEMENT FOR THE OPERATION AND MAINTENANCE OF THE WIND PARK.  Full Article

Vestas CFO Anticipates "Very High Activity Level" For End-2018, 2019
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - VESTAS WIND SYSTEMS A/S CHIEF FINANCIAL OFFICER MARIKA FREDRIKSSON TELLS REUTERS IN AN INTERVIEW::U.S. TARIFFS DON'T IMPACT DEMAND IN THE U.S. MARKET."VERY HAPPY" WITH STABILISING WIND TURBINE PRICING.WE ARE LOOKING INTO A "VERY HIGH ACTIVITY LEVEL" ALSO FOR 2019.THE NEGATIVE CASH FLOW SO FAR THIS YEAR HAD BEEN ANTICIPATED BECAUSE OF BUILD-UP OF INVENTORIES.  Full Article

Germany to increase wind and solar power production

BERLIN, Nov 30 Germany intends to increase energy production from wind and solar farms by a further 8 gigawatts (GW) over the next three years as the government tries to compensate for its decision to abandon strict emissions targets.