Vestas Wind Systems AS - Company Profile
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Vestas Wind Systems AS (Vestas) is a renewable energy company. It designs, manufactures, installs, and provides services to onshore and offshore power converters, wind turbines, blades and towers. The company’s solutions encompass parts and repair to preventive inspections and advanced repairs. It’s service offerings of Vestas include data-driven consultancy, fleet optimization, blade maintenance and inspection, power generator repairs, and gearbox exchange. Vestas partners with customers to monitor wind energy production and performance of the wind power plant throughout its lifetime. The company serves customers across the world, and has manufacturing and testing facilities in North America, Latin America, Europe, and Asia. Vestas is headquartered in Aarhus, Denmark.
Vestas Wind Systems AS premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
EnVentus Platform | Maintenance | Vestas |
4MW Platform | Parts and Repair Services | |
2MW Platform | Fleet Optimization | |
XYZ | XYZ | |
XYZ | XYZ | |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In June, the company entered into a contract to supply turbines for an offshore wind power project in Northern Europe. |
2024 | Contracts/Agreements | In June, the company was awarded a 90 MW contract to power an undisclosed wind project in South Korea. |
2024 | Contracts/Agreements | In June, the company secured a 72 MW order from Denker & Wulf AG to supply ten V162-7.2 MW wind turbines, and the order includes supply, delivery, and commissioning of the turbines in Schleswig-Holstein, Germany. |
Competitor Comparison
Key Parameters | Vestas Wind Systems AS | Orsted Salg & Service A/S | Nordex SE | Suzlon Energy Ltd | Enercon GmbH |
---|---|---|---|---|---|
Headquarters | Denmark | Denmark | Germany | India | Germany |
City | Aarhus | Fredericia | Hamburg | Pune | Aurich |
State/Province | - | - | Baden-Wurttemberg | Maharashtra | - |
No. of Employees | 31,363 | 6,179 | 10,214 | 1,451 | 13,000 |
Entity Type | Public | Private | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Anders Runevad | Chairman | Executive Board | 2023 | 64 |
Henrik Andersen | President; Chief Executive Officer | Senior Management | 2019 | 57 |
Hans Martin Smith | Chief Financial Officer | Senior Management | 2022 | 45 |
Tommy Rahbek Nielsen | Chief Operating Officer; Executive Vice President | Senior Management | 2020 | 54 |
Anders Nielsen | Executive Vice President; Chief Technology Officer | Senior Management | 2020 | 62 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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