Together, General Electric Company and Vestas Wind Systems took a combined 56% of the US market in 2008, selling an unprecedented 4,648 megawatts. Overall, wind power installations rose by 58% last year, with a total of 8,300 megawatts. Employment in the wind industry was also up to 85,000 employees, an increase of 70 percent, here are statistics from last year for the leading wind companies:
GE, based in Fairfield, Connecticut, retained the lead in largest … Read the rest
Vestas Wind Systems just announced that it has received turbine orders from Romania and Italy. The Italian order consists of 37 V90-2MW wind turbines to be installed in Sardinia for EDF Energies Nouvelles. Here are the details of the order, from Power Engineering International:
… Read the restThe contract includes supply, installation and commissioning of the turbines and a five-year service agreement. The wind turbines will be delivered to a project in the municipality of Bonorva in
Vestas Wind Systems announced that it will co-operate with Boeing on new research in advanced eco-friendly aeromechanics. The companies intend to start by identifying areas in which they are both proficient, and then to engage in mutually beneficial research projects. Researchers from both companies are expected to begin identifying potential projects this year.
Jan Narlinge, President of Boeing in Northern Europe, says that the collaboration will benefit both companies:
There’s a strong correlation between new … Read the rest
Bloomberg has a report out on the companies that are most likely to benefit from the economic stimulus bill. The bill includes both spending and tax breaks for new transmission lines, wind farms and smart meters.
GE has a diversified portfolio of renewable energy initiatives and is expected to benefit from the funding for wind energy, energy efficiency and smart meters. Vestas Wind Systems is also expected to get a large piece of the stimulus … Read the rest
Bucking the current trend of layoffs and hiring freezes, Vestas Wind Systems plans to hire 3,000 workers in the US. To Vestas, the US represents a potential goldmine in the form of a large, growing marketplace. However, CEO Ditlev Engel advised Marketwatch that difficulty obtaining investors in the US could push Vestas into expanding elsewhere instead:
… Read the restWhile he’s not planning to walk away from U.S. expansion plans yet, Engel said Vestas may be forced to
Vestas Wind Systems has received a wind turbine order from Parco Eolico Ordona, an Italian subsidiary of Inergia. Under the terms of the agreement, Vestas will deliver and install 13 units of its V90 2MW wind turbine and its VestasOnline Business supervisory control and data acquisition system. Vestas will also provide a 5-year service and availability agreement on the turbines.
The turbines will be used to create a wind power plant near the Italian town … Read the rest
Within the past week, Vestas Wind Systems has received several large orders for its wind turbines from Chinese companies. First, the company announced that it had received an order from China Guangdong Nuclear Wind Power. Vesta has supplied China Guangdong Nuclear Wind Power with wind turbines in the past. This time, the company ordered 116 turbines, capable of producing 100 MW of wind power. Including this order, Vestas will deliver 500MW worth of wind turbines … Read the rest