Vestas makes solid investments in R&D facilities  

2008.01.23
Denmark's Vestas Wind Systems is well advanced in constructing its new wind power technology centre in Aarhus, Jutland
Denmark's Vestas Wind Systems is well advanced in constructing its new wind power technology centre in Aarhus, Jutland. The centre will be the world's largest research facility in wind power with space for 500 high tech jobs when it is completed in Q3 2008. Group managing director Ditlev Engel told financial daily newspaper Børsen that the University of Aarhus and the development environment in the city are major reasons why Vestas has chosen to establish the centre there.
 
"We wish to significantly strengthen our research and development department. So we are investing in new facilities and new opportunities to develop Vestas," Engel said. "The new technology centre will create opportunities for collaboration across the many research environments in the area."
 
Vestas has also recently announced plans to establish a research and development centre in the US, employing an estimated 80 staff by 2010. The location of the planned facility has not yet been announced. Finn Strøm Madsen, president of Vestas Technology R& D commented: "Vestas is a technology company, and if we are going to continue to be a market leader we must also be present and drive development where the market is, and that includes the US."
 
Vestas Wind Systems is headquartered in Randers, Jutland, and employs over 13,500 people worldwide. The company has installed more than 33,500 wind turbines in 63 countries and five continents, and is installing a new turbine every five hours. Vestas has production facilities in Denmark, Germany, China, India, Italy, UK, Spain, Sweden, Norway and Australia and is constructing a turbine blade factory in Colorado, USA. In 2006, Vestas Wind Systems generated revenues of DKK 28.7bn (USD 5.1bn)
 
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