Vestas Closes Factory in Spain

Wind Industry Profile of

To sustain its competitiveness in the growing global market for wind energy, Vestas continuously introduces new products and optimises its global footprint to meet market demand across regions. By doing so, Vestas aims to ensure a competitive product portfolio, economies of scale and continuous optimisation of manufacturing, transportation, and sourcing costs.

Recent market developments have seen a decreasing demand for the 2 MW wind turbine platform in Europe, while the demand for the 4 MW platform in the region can be met by less capacity than currently provided by nacelles factories in Europe and other regions where Vestas recently has established production capacity. Responding to these market developments and to sustain its competitiveness, Vestas intends to... ... More: Official Press Release Vestas

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Vestas, Spain, factory, production, job loss, jobs, workers, wind turbine, turbine production