Vestas Wind Systems AS is a Denmark-based company specializing in the design, manufacture, installation and servicing of wind turbines. Established in 1945 as Vestjysk Stålteknik A/S, the company shifted its focus to wind energy in the late 1970s and adopted the name Vestas Wind Systems in 1989. Over the years, Vestas has grown into one of the world’s leading wind turbine manufacturers, driving the global transition to renewable energy through continuous innovation and research.
Vestas offers a broad portfolio of onshore and offshore wind turbines, suitable for a wide range of wind conditions and project sizes. Its products include the V150-5.6 MW and V236-15.0 MW platforms, among others, designed to deliver high energy yields and reliability. In addition to hardware, the company provides digital solutions such as VestasOnline® Business, which optimizes power plant performance through data analytics, remote monitoring and predictive maintenance tools.
The company’s services segment covers the entire lifecycle of wind power projects, from project planning and logistics to commissioning, long-term service agreements and repowering solutions. Vestas has developed a global service network that supports more than 90 gigawatts of installed capacity in over 80 countries. Its preventative maintenance programs and spare parts logistics aim to maximize turbine uptime and extend operational lifespans, reducing the levelized cost of energy for customers.
Headquartered in Aarhus, Denmark, Vestas operates manufacturing facilities across Europe, Asia, the Americas and Africa, ensuring proximity to key markets. Under the leadership of President and Chief Executive Officer Henrik Andersen, who took the helm in late 2019, the company has reinforced its commitment to sustainability and carbon neutrality. Vestas’s executive team brings extensive experience in engineering, operations and finance, guiding the company’s strategic focus on innovation, digitalization and expanding its service offerings to support the evolving needs of the wind energy industry.
AI Generated. May Contain Errors.
Free VWDRY Stock Alerts