Vestas and Fortum reach settlement on arbitration related to Russian wind energy projects

News release from Vestas Wind Systems A/S

Vestas has received an order for the Supply and Installation (S&I) of 46 V162-6.2 MW wind turbines from Vestas’ EnVentus platform for CS Energy’s Lotus Creek Wind Farm, located in Central Queensland. With a generation capacity of 285 MW, Vestas will also deliver a long-term Active Output Management 5000 (AOM 5000) service agreement, ensuring optimal energy production to the Australian grid.

Vestas wins 144 MW order in South Africa

Renewable energy producer African Clean Energy Developments (ACED) has placed a 144 MW order for the Khangela Emoyeni wind farm, to be located in Western Cape, South Africa.

Vestas has received a firm wind turbine order for the OranjeWind offshore wind farm, formerly known as Hollandse Kust West VII, in the Netherlands.

Vestas receives a 124 MW order in Lithuania

News release from Vestas Northern and Central Europe

Vestas secures 153 MW order in the USA

The order consists of 34 V150-4.5 MW wind turbines.

For the year 2023, Vestas achieved revenue of EUR 15,382m (outlook: EUR 14.5-15.5bn), with an EBIT margin before special items of 1.5 percent (outlook: 0-2 percent), and total investments1 of EUR 823m (outlook: approx. EUR 0.8bn). The value of the combined order backlog across Power Solutions and Service increased to EUR 60.1bn.

Vestas has established a partnership with ArcelorMittal to launch a low-emission steel offering that significantly reduces lifetime carbon dioxide emissions from the production of wind turbine towers

Vestas plans to establish a second offshore factory in Poland to meet growing demand for offshore wind in Europe

Vestas wants to become a leader in offshore wind

Vestas secures 239 MW order for V163-4.5 MW wind turbines in the USA

Commissioning scheduled for 2025

Summary: Quarterly revenue of EUR 4.4bn with an EBIT margin before special items of 1.6 percent. Order intake of 4.5 GW and record-high combined order backlog of EUR 54.0bn. Full-year guidance narrowed.

Vestas wins 42 MW project in Germany - global announced order intake surpasses 10 GW for 2023

Vestas has received a firm order from Strom 2020 GmbH & Co. KG for the Bosau wind project in Germany.

Vestas wins 115 MW project in Sweden

Vestas has received a firm order from OX2 Construction AB for the Anglarna wind project in Sweden.

Vestas wins 139 MW order in Poland

Vestas has received a firm order from Eviva Drzezewo Sp. z o.o., part of PAK-POLSKA CZYSTA ENERGIA Sp. z o.o. and ZE PAK S. A., for the Drzezewo I-IV wind park in Poland.

Vestas has secured a 960 MW firm order for the flagship offshore wind turbine V236-15.0 MW. The order includes 64 V236-15.0 MW wind turbines for the He Dreiht project located in the German waters of the North Sea. Vestas will also deliver a five-year Active Output Management 5000 (AOM 5000) service agreement followed by a long-term Operational Support Agreement.

Vestas has secured a 1,140 MW firm order from Baltic Power Sp. z o.o, a joint venture between ORLEN S.A. and Northland Power Inc, for the Baltic Power Offshore Wind Project in Poland. The firm order announcement is in reference to Vestas’ Company Announcement 16/2023 of 28 September 2023.

Vestas wins 147 MW order in Sweden

Vestas has received a firm order from SR Energy AB for the Horshaga wind park in Uppvidinge municipality, southern Sweden.

Vestas wins 46 MW project in Austria

Vestas has received a firm order from Windpark Engelhartstetten GmbH, a subsidiary of WindLandKraft GmbH, for the Engelhartstetten wind park in Lower Austria.

Vestas has received a 243 MW order to power an undisclosed wind project owned by RWE Clean Energy, LLC, in the USA. The order consists of 54 V163-4.5 MW wind turbines.

Vestas wins 54 MW project in Germany

Vestas has received a firm order from Energiequelle GmbH for the Zeven-Wistedt wind park in Lower Saxony, Germany.

The energy transition requires the wind industry and Vestas to scale and mature at unprecedented levels, and a key aspect is our continued ability to attract, develop, and retain our employees.

Vestas secures 140 MW order from Capital Power in Canada

Vestas has received a 140 MW order to power the Halkirk II wind project owned by Capital Power in Alberta, Canada. The order consists of 31 V150-4.5 MW wind turbines.

Vestas secures 189 MW order in the USA

Vestas has received a 189 MW order to power an undisclosed wind project in the USA. The order consists of 45 V150-4.2 MW wind turbines.

EDF Renewables has placed a 45 MW order for the Karamoutzi and Karfoula wind parks, to be located in Viotia, Greece. The contract includes the supply and installation of ten V136-4.5 MW wind turbines, as well as a 4000 Active Output Management (AOM 4000) service agreement.

Ox2 has placed a 27 MW order for the Eolia wind park, to be located in the Apulia Region, Italy. The contract includes the supply and installation of six V150-4.5 MW wind turbines, as well as a 35-year Active Output Management 5000 (AOM 5000) service agreement.

Vestas has received an engineering, procurement and construction (EPC) order for two wind projects totalling 161 MW to build Neoen’s and Prokon’s jointly owned Lumivaara and Storbötet wind farms in Finland.

Today, Ørsted and Vestas, global leaders in renewable energy, are announcing a commercial sustainability partnership. Ørsted will procure low-carbon steel wind turbine towers and blades made from recycled materials from Vestas in all joint offshore wind projects.

Vestas has received a 37 MW order for a wind project in Turkey. The contract includes the supply and installation of six V162-6.2 MW wind turbines, as well as a 10-year Active Output Management 4000 (AOM 4000) service agreement.

Continuous rapid introduction of larger new models is hindering efforts to establish sustainable and robust supply chains, write Felix Henseler and Dieter Dehoorne.

Vestas has secured a 238 MW order from Hibiki Wind Energy for the Kitakyushu-Hibikinada Offshore Wind Farm Project located off the coast of Kitakyushu city, Fukuoka prefecture, Japan.