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Vestas (ISIN DK0010268606) PDF Print E-mail
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Vestas is the world's leading supplier of wind power solutions, with a 20 percent market share, and 38,000 wind turbines installed.

Vestas is the world leader in wind technology, with a history of technological innovation and over 30 years of experience in developing, manufacturing, installing and maintaining the world’s bestperforming wind turbines. Vestas was a pioneer in the wind industry and started to manufacture wind turbines in 1979. Wind power from Vestas turbines currently reduces carbon emissions by more than 40 million tons of CO every year, while at the same time building energy security and independence.

Vestas is at the forefront of wind energy innovation and technology. Over the past 30 years they have succeeded in improving the generator effect of its wind turbines by a factor of 100 – which means that its turbines have increased their efficiency by 100 times. Vestas constantly strives to improve. This leads Vestas to say: We know more about the wind than anyone else.

Vestas in China

Vestas was the first wind turbine company to enter the Chinese market when it installed the first turbines in Shandong and Hainan in 1986. Vestas has installed wind turbines in thirteen provinces in China. Vestas is among the biggest accumulated suppliers of wind turbines in China. Vestas has five factories in Tianjin, a sales office in Beijing, the new factory in Hohhot a procurement office in Shanghai and is currently constructing additional facilities in Xuzhou.

Vestas is working hard to build up a strong value chain in China that can fully support the construction of wind turbines from its factories in China. Every year, Vestas improves its Chinese sourcing capabilities; the aim is to have 100 percent Chinese-made content. Vestas is known for its industry-leading product quality; all of its suppliers in China are part of a partnership designed to increase product quality and performance and enable suppliers to become globally-competitive. In 2008, one of Vestas Chinese suppliers was awarded the Vestas Global Suppliers' Award for its performance and high product quality.