Denmark's Vestas Wind Systems, the world's leading manufacturer of wind turbines, has received an order for 17 V80-2.0 MW wind turbines from a new customer in China, reports financial daily newspaper Børsen. The order was placed by China Fujian (Pingtan) Wind Energy Company, a subsidiary of Fujian Investment Group, for the Pingtan Aoqian wind farm project, located on the Pingtan Island in the eastern part of Fujian province.
The contract includes supply and commissioning of the wind turbines and a two-year service and maintenance agreement. Delivery of the turbines is scheduled for Q4 2009.
Lars Andersen, president of Vestas China, said in a press release: "Fujian Investment Group has established a business at the forefront of modern technology focused on building a green, clean and sustainable China. Vestas is proud to partner with such a forward-looking firm and is eager to expand and cultivate this partnership."
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 since 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).