- Category: Company News
Vestas has received the Business Licence for its first factory in China. After having surveyed a number of potential locations, Vestas has decided to set up a blade factory in Tianjin Economic-Technological Development Area (TEDA), where Vestas has signed a contract to buy about 190,000 m2 of land. The establishment of the factory that will employ about 240 people will be started as soon as possible, and Vestas expects to deliver the first 39m blades for V80-2.0MW wind turbines during the first half of 2006. At full capacity, the factory will be able to produce approximately 600 turbine blades per year. Vestas’ investment in the new factory totals around € 25 million and is included in the investment plans described in the company’s Annual Report 2004.
- Category: Company News
As a step to strengthen Vestas’ position in Castilla y León and in Spain in general, the Vestas Group has decided to establish a nacelle assembly factory in Villadangos, in the province of Castilla y León, on land developed by the regional government. The factory, to be built inside a 25,000 square-metre plot, will specialise in production of V90 wind turbines. The factory is expected to be put into operation during the first half of 2006 and, when fully operational, the factory will have an annual capacity of 300 nacelles and is expected to generate employment for up to 150 people. The total investment in production equipment, land and buildings is expected to amount to € 10 million.
- Category: Company News
The supervisory board of LM Glasfiber Holding announced on 8 July that Anders D. Christensen had stepped down as chief executive officer with immediate effect. Bob Mackenzie has been named CEO on an interim basis and has joined the executive board of management. Bob Mackenzie formerly worked in a number of senior management roles at Hanson plc, Imperial Tobacco and NCP and is currently chairman of PHS in the UK. The board will begin the search for a new CEO immediately. The company does not expect to make any additional changes to the executive board of management.
- Category: Company News
EU Energy plc has announced that the acquisition of DeWind GmbH by EU Energy and Shriram Ltd has now been completed. EU Energy welcomes DeWind as part of its group of companies and is targeting growth of DeWind in India, Asia, the USA and Europe. DeWind’s profile and industry-wide recognition is seen by EU Energy as an ideal fit with the company’s ambition to supply turnkey solutions for wind farm operators.
- Category: Company News
Vestas has decided to build two new technology centres – one in Aarhus, one in Asia – as part of the company’s R&D activities. Vestas now concentrates its Danish R&D activities in Aarhus. The new 12,500m2 high-end technology centre will be built on a 25,000m2 site that the group already owns in Skejby on the northern outskirts of Aarhus. In time, the centre will create up to 500 high technology jobs. Vestas also has plans for a similar technology centre in Asia – the exact location has yet to be decided. Vestas expects to start the Aarhus construction later this year.
- Category: Company News
Vestas Central Europe A/S has established an office in Austria in order to provide the best possible support for customers and other stakeholders in this region. The sales and service office is in Moosbierbaum, a town close to Vienna and located centrally in Austria and therefore easy to access from all parts of the country. The office will consist of both service technicians and sales staff.
- Gamesa purchases Fundición Nodular del Norte
- The A2SEA Group invests in next generation vessel
- Global Marine and SMIT announce cooperation agreement
- Nordex with a muted start to the new year
- Metso Drives continues as Moventas
- GE Energy’s wind unit expected to exceed US$ 2 billion in revenue
- First quarter figures of REpower Systems
- LM Glasfiber builds wind tunnel for testing rotor blade
- Nordex: non-cash capital increase now effective
- Annual general meeting of LM Glasfiber Holding
- Nordex achieves earnings increase in stub fiscal year 2004
- Novera Energy joins UK wind energy venture
- Nordex takes on N90 wind turbine blade production
- ESAB equipment chosen for new wind tower manufacturing plant
- Siemens acquires Flender Holding GmbH
- Changes in the Management Board of REpower Systems AG
- Crompton Greaves Ltd and Pauwels join forces
- Subscription ratio required for Nordex AG recapitalisation achieved
- LM Glasfiber adjusting production capacity
- Gleitz named to head GE Energy’s wind segment
- Recapitalisation approved by Nordex AG’s shareholders
- Research grant for wind turbine manufacturer
- LM Glasfiber announces financial results for 2004
- Launch of Econnect Construction
- Zephyros BV declared bankrupt
- New staff appointed at MacArtney
- NRG holds grand opening for new building
- Wind Prospect’s megawatt record
- DeWind back in business
- REpower revises earnings forecast for 2004