Vestas named No. 1 in the world for wind turbine installations

Resource from: Denver Business Journal Likes:172

Mar 12,2014

Vestas Wind Systems, which is adding hundreds of jobs at its four Colorado manufacturing plants, was the world leader in installations of new wind turbines in 2013, according to Make Consulting, a Danish renewable energy consulting firm. “Vestas has been through a tough two-year turnaround process to return to profitability," said CEO Anders Runevad in a statement. "That we simultaneously achieved our financial goals in 2013 and solidified our market leadership is a testament to the strength of the company." Vestas installed 13.2 percent of the new wind turbines put in place around the world, according to Make. “[That's] 28 percent more megawatts more than our closest competitor,” Vestas said in an announcement Tuesday. Vestas said it installed turbines in 31 countries during 2013 and sold turbines in 37 countries. Its largest market for 2013 installation was Germany, followed by China, Canada and Brazil. Its largest market for sales in 2013 was the United States, followed Germany, Canada and Sweden, the company said. “Installing projects in 31 markets, and signing firm orders in 37, underlines our status as a truly global turbine supplier, enabling Vestas to better balance the inevitable ups and downs in individual markets from year-to-year,” Runevad said.

(Denver Business Journal)

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