Vestas Restructures China Sales Business

Wind Industry Profile of

The world's largest wind energy market continues to increase its focus on creating a sustainable energy mix and introducing policy that aims to accelerate the adoption of renewable energy.

Most recently, China's energy regulator has announced policy that requires future wind projects to be awarded through an auction system focusing on grid parity by 2020 and government approvals. In this future market environment, Vestas continues to adapt its strategy and organisation towards the Chinese market with the aim of further growth. To capture the future growth opportunities created by this new auction system, Vestas will restructure its China sales business unit to increase agility and local presence in the diverse Chinese market segments. The restructuring includes... ... More: Official Press Release Vestas

Keywords:

Vestas, China, restructure, sales team, auction, policy