Denmark's Vestas Wind Systems, the world's leading manufacturer of wind turbines, is sponsoring the Offshore Wind China 2009 Conference and Exhibition, which is currently being held in Shanghai. The exhibition is a major wind industry event in China and features players in the Chinese and global wind industry as well as government and industry decision makers, Vestas writes in a press release.
Vestas Offshore President Anders Søe Jensen, who is one of the speakers at the conference, says that the company sees the Chinese offshore market as one of the most important wind energy markets in the future and that Vestas will establish a Vestas Offshore office in China later this year.
"We are committed to help develop the wind energy industry in China and will be happy to share our experience through partnerships with interested parties. Vestas is already talking to potential partners in China and is open to talk to any potential partners about offshore wind energy in China."
Vestas was the first wind turbine company to enter the Chinese market when it installed the first turbines in Shandong and Hainan in 1986. The company has installed wind turbines in thirteen provinces. Vestas has five factories in Tianjin, a sales office in Beijing, a new factory in Hohhot, a procurement office in Shanghai and is currently constructing facilities in Xuzhou.
Vestas is headquartered in Randers, Jutland, and employs 20,800 people worldwide. The company has installed 38,000 wind turbines in 62 countries on five continents, and has a 20% share of the world market. The company generated revenues in 2008 of EUR 6,035m (USD 7,716m) and for 2009 forecasts revenues of EUR 7,200m (USD 9,206m).