Denmark's Vestas Wind Systems, the world's leading wind turbine manufacturer, has announced in a press release that it will invest approx. EUR 10m (USD 12.5m) in its facility in Viveiro, Spain, to establish local production of generators to match the recently announced expansion of the nacelle* assembly factory in Leon.
The Viveiro factory will produce 2 MW generators for the V90-2 MW turbine, which is popular on the Spanish market. Each generator weighs 7 tons and consists of around 400 components.
“Vestas has two generator factories in the world, one in Germany and one in China. The new factory in Viveiro in Lugo will be an important contribution to Vestas’ global generator production capacity,” president of Vestas Nacelles Søren Husted said in the press release.
Vestas writes that it is now the second largest supplier of wind turbines in Spain [the market leader in Spain is Gamesa – Ed], with a current workforce of 1,300 people. The company expects this figure to rise to 2,500 by the end of 2010.
Vestas is headquartered in Randers, Jutland, and employs 17,000 people worldwide. The company has installed more than 35,000 wind turbines in 63 countries on five continents, and has a 23% share of the world market. In H1 2008, Vestas increased its net profit by 44% to EUR 98m (USD 123m). The company's forecast for 2008 is a 25% worldwide market share and a turnover of EUR 5,700m (USD 7,152m).
Vestas has production facilities in Denmark, Germany, China, India, Italy, UK, Spain, Sweden, Norway, Australia and USA, and has planned or operational research facilities in Denmark, Singapore, India (Chennai), USA (Houston) and UK (Isle of Wight).
* the nacelle is the turbine housing behind the rotor at the top of the tower. It contains the generator, gearbox and transformer – Ed.