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Vestas Wind Systems A/S

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==Vestas Wind Systems A/S=====Company Overview===Vestas Wind Systems A/S engages in the development, manufacture, sale, and maintenance of wind technology that uses the energy of the wind to generate electricity. It offers wind turbines and wind power systems. The company also provides planning, installation, operation, and maintenance services. Vestas Wind Systems A/S has a strategic partnership with Marafeq to develop wind energy projects in Syria. It operates in Europe, the Americas, and the Asia Pacific. The company was founded in 1898 and is headquartered in Randers, Denmark.
Vestas Wind Systems A/S engages in the development, manufacture, sale, and maintenance of wind technology that uses the energy of the wind to generate electricity. It offers wind turbines and wind power systems. The company also provides planning, installation, operation, and maintenance services. Vestas Wind Systems A/S has a strategic partnership with Marafeq to develop wind energy projects in Syria. It operates in Europe, the Americas, and the Asia Pacific. The company was founded in 1898 and is headquartered in Randers, Denmark. Revenues for the year 2010 rose 36%, to €6.9 billion, from nearly €5 billion in 2009, the company said. It expects revenues to hit €7 billion in 2011. Net profit rose 25% to about €156 million, up from about €125 million in 2009.
Vestas delivered 5,842 megawatts worth of wind turbines in 2010, compared to 4,764 megawatts delivered in 2009, the company said.
The Global Wind Energy Council, based in Brussels, Belgium, said new wind turbine installations dropped to 35.8 gigawatts in 2010, from 38.6 gigawatts in 2009. Based on Vestas’ reported deliveries, the company’s world-wide marketshare rose to 16 percent in 2010, from 12 percent the previous year.
===Business Overview===Vestas Wind Systems A/S engages in the development, manufacture, sale, and maintenance of wind technology that uses the energy of the wind to generate electricity. It offers wind turbines and wind power systems. The company also provides planning, installation, operation, and maintenance services. Vestas Wind Systems A/S has a strategic partnership with Marafeq to develop wind energy projects in Syria. It operates in Europe, the Americas, and the Asia Pacific. The company was founded in 1898 and is headquartered in Randers, Denmark. Its product range includes land and offshore wind turbines capable of generating between 850 kilowatts and 3 megawatts as well as supervisory control and data acquisition (SCADA) products, supplying a range of monitoring and control functions, allowing the wind power plants to be remotely supervised. The Company is operational internationally through a network of subsidiaries. To date, Vestas has installed over 41,400 wind turbines in around 70 countries on five continents. Along with this vast experience, the company has predicted that by 2020 as much as 10 per cent of the world’s electricity consumption will be generated by wind energy.<br> ====Key Financials====
[[Image:Vestas1.jpg|thumb|center|600*400 px]]
====Key Facts====
{|border="2" cellspacing="0" cellpadding="4" width="55%" align="center"
<br>
===Business Overview===
Vestas Wind Systems A/S engages in the development, manufacture, sale, and maintenance of wind technology that uses the energy of the wind to generate electricity. It offers wind turbines and wind power systems. The company also provides planning, installation, operation, and maintenance services. Vestas Wind Systems A/S has a strategic partnership with Marafeq to develop wind energy projects in Syria. It operates in Europe, the Americas, and the Asia Pacific. The company was founded in 1898 and is headquartered in Randers, Denmark. Its product range includes land and offshore wind turbines capable of generating between 850 kilowatts and 3 megawatts as well as supervisory control and data acquisition (SCADA) products, supplying a range of monitoring and control functions, allowing the wind power plants to be remotely supervised. The Company is operational internationally through a network of subsidiaries.
 
To date, Vestas has installed over 41,400 wind turbines in around 70 countries on five continents. Along with this vast experience, the company has predicted that by 2020 as much as 10 per cent of the world’s electricity consumption will be generated by wind energy.
<br>
 
==Product & Services==
 
Vestas offers a complete portfolio of products and services to its customers which includes:
* '''Wind Project Planning''' - plan for a reliable, successful project, delivered on time and on budget
* '''Procurement''' - offering a broad product portfolio to offer the ideal turbines for all sites and conditions
* '''Construction''' - co-ordinating with the customer to supply, install and balance the wind power plant according to the specific profile of the project
* '''Operation and Service''' - work in partnership with the client to control and maintain the wind power plant to the highest possible standards
* '''Power Plant Optimization''' - Vestas uses predictive and preventive service and maintenance techniques, to reduce down time and optimise yield for the installed Vestas turbines
 
<br>
 
===Turbine Portfolio===
 
Vestas has an extensive portfolio of turbines which are each suited to specific conditions and requirements. Vestas wind turbines are checked and tested at their own test centres, after which the results are verified and certified by independent organisations.
 
Click on the product name to view the details:
<br>
{|border="2" cellspacing="0" cellpadding="4" width="90%" align="center"
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v52-850-kw V52-850 kW]</u></font>
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v90-1.8/2.0-mw V90-1.8/2.0 MW]</u></font>
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v90-3.0-mw V90-3.0 MW]</u></font>
|-
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v60-850-kw V60-850 kW]</u></font>
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v90-1.8/2.0-mw-gridstreamer%E2%84%A2 V90-1.8/2.0 MW GridStreamer™]</u></font>
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v90-3.0-mw-offshore V90-3.0 MW Offshore]</u></font>
|-
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v82-1.65-mw V82-1.65 MW]</u></font>
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v100-1.8-mw V100-1.8 MW]</u></font>
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v112-3.0-mw V112-3.0 MW]</u></font>
|-
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v80-2.0-mw V80-2.0 MW]</u></font>
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v100-1.8-mw-gridstreamer%E2%84%A2 V100-1.8 MW GridStreamer™]</u></font>
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v112-3.0-mw-offshore V112-3.0 MW Offshore]</u></font>
|-
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v80-2.0-mw-gridstreamer%E2%84%A2 V80-2.0 MW GridStreamer™]</u></font>
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v100-2.6-mw V100-2.6 MW]</u></font>
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v164-7.0-mw-offshore V164-7.0 MW Offshore]</u></font>
|-
|}
 
<br>
 
===Services Portfolio===
 
Vestas provides '''Active Output Management''' service programme, or '''AOM''' for short, to ensure the highest possible output at all times. A number of different AOM packages available based on the needs of the specific project, are listed below:
<br>
* '''AOM 1000:''' For customers seeking maximum flexibility. With no base fee, a number of Vestas services are offered on a pay-as-you-go basis.
* '''AOM 2000:''' A low-cost way to reduce the risk of downtime. Turbine performance is sustained through regular maintenance, with the option of additional maintenance items.
* '''AOM 3000:''' For customers willing to share the risk factor. A complete field service package including parts (apart from main components) and labor is accessible to customers with more risk tolerance. Turbine reliability is maximised through expert scheduled and unscheduled maintenance.
* '''AOM 4000:''' A complete package to maximise uptime and performance. A complete package including everything necessary (main components and material) to maximise uptime and performance. The service contract covers periods up to 10 years, suitable for customers who want the traditional time-based availability guarantee – of up to 97%. These high expectations are formalised through liquidated damages and bonus clauses in the contract.
* '''AOM 5000:''' A complete package to ensure minimised lost production. A complete package including everything necessary to maximise output but with further aligned incentives. An energy based availability guarantee is offered that aligns service and maintenance execution with low wind periods. The service contract covers periods up to 10 years, and energy based guarantees up to 97% (subject to site evaluation). These high expectations are formalised through liquidated damages and bonus clauses in the contract.
<br>
==Company Overview==
<br>
==Product & Services==
Vestas offers a complete portfolio of products and services to its customers which includes:
* '''Wind Project Planning''' - plan for a reliable, successful project, delivered on time and on budget
* '''Procurement''' - offering a broad product portfolio to offer the ideal turbines for all sites and conditions
* '''Construction''' - co-ordinating with the customer to supply, install and balance the wind power plant according to the specific profile of the project
* '''Operation and Service''' - work in partnership with the client to control and maintain the wind power plant to the highest possible standards
* '''Power Plant Optimization''' - Vestas uses predictive and preventive service and maintenance techniques, to reduce down time and optimise yield for the installed Vestas turbines
 
<br>
 
===Turbine Portfolio===
 
Vestas has an extensive portfolio of turbines which are each suited to specific conditions and requirements. Vestas wind turbines are checked and tested at their own test centres, after which the results are verified and certified by independent organisations.
 
Click on the product name to view the details:
<br>
{|border="2" cellspacing="0" cellpadding="4" width="90%" align="center"
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v52-850-kw V52-850 kW]</u></font>
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v90-1.8/2.0-mw V90-1.8/2.0 MW]</u></font>
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v90-3.0-mw V90-3.0 MW]</u></font>
|-
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v60-850-kw V60-850 kW]</u></font>
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v90-1.8/2.0-mw-gridstreamer%E2%84%A2 V90-1.8/2.0 MW GridStreamer™]</u></font>
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v90-3.0-mw-offshore V90-3.0 MW Offshore]</u></font>
|-
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v82-1.65-mw V82-1.65 MW]</u></font>
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v100-1.8-mw V100-1.8 MW]</u></font>
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v112-3.0-mw V112-3.0 MW]</u></font>
|-
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v80-2.0-mw V80-2.0 MW]</u></font>
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v100-1.8-mw-gridstreamer%E2%84%A2 V100-1.8 MW GridStreamer™]</u></font>
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v112-3.0-mw-offshore V112-3.0 MW Offshore]</u></font>
|-
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v80-2.0-mw-gridstreamer%E2%84%A2 V80-2.0 MW GridStreamer™]</u></font>
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v100-2.6-mw V100-2.6 MW]</u></font>
|align = "center"|<font color="#0000FF"><u>[http://www.vestas.com/en/wind-power-plants/procurement/turbine-overview/v164-7.0-mw-offshore V164-7.0 MW Offshore]</u></font>
|-
|}
 
<br>
 
===Services Portfolio===
 
Vestas provides '''Active Output Management''' service programme, or '''AOM''' for short, to ensure the highest possible output at all times. A number of different AOM packages available based on the needs of the specific project, are listed below:
<br>
* '''AOM 1000:''' For customers seeking maximum flexibility. With no base fee, a number of Vestas services are offered on a pay-as-you-go basis.
* '''AOM 2000:''' A low-cost way to reduce the risk of downtime. Turbine performance is sustained through regular maintenance, with the option of additional maintenance items.
* '''AOM 3000:''' For customers willing to share the risk factor. A complete field service package including parts (apart from main components) and labor is accessible to customers with more risk tolerance. Turbine reliability is maximised through expert scheduled and unscheduled maintenance.
* '''AOM 4000:''' A complete package to maximise uptime and performance. A complete package including everything necessary (main components and material) to maximise uptime and performance. The service contract covers periods up to 10 years, suitable for customers who want the traditional time-based availability guarantee – of up to 97%. These high expectations are formalised through liquidated damages and bonus clauses in the contract.
* '''AOM 5000:''' A complete package to ensure minimised lost production. A complete package including everything necessary to maximise output but with further aligned incentives. An energy based availability guarantee is offered that aligns service and maintenance execution with low wind periods. The service contract covers periods up to 10 years, and energy based guarantees up to 97% (subject to site evaluation). These high expectations are formalised through liquidated damages and bonus clauses in the contract.
<br>
==Market Overview==
214
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