Denmark's Vestas Wind Systems, the world's leading wind turbine manufacturer, plans to build a DKK 350 m (USD 63 m) wind blade factory in Castilla-La Mancha province, Spain. The factory, whose construction is scheduled to start during 2007, will manufacture blades for the V90 wind turbine type, and employ approx. 400 people.
Ebbe Funk, managing director of Vestas Mediterranean says: "We have an amazing collaboration with Castilla-La Mancha and together with the town of Daimel, we will all be working to promote wind energy as a competitive energy source." Vestas plans annual production of 1,200 blades at its new facility.
Vestas Wind Systems is headquartered in Randers, Jutland, and employs 11,900 people worldwide. Vestas has production facilities in Denmark, Germany, China, India, Italy, UK, Spain, Sweden, Norway and Australia. In 2005, Vestas Wind Systems generated revenues of DKK 26.7 bn (USD 4.3 bn), and sold wind turbines with a total power of 3,185 MW worldwide. The news was reported by financial daily newspaper Børsen.