|Bid||591.20 x 0|
|Ask||591.40 x 0|
|Day's Range||588.20 - 594.20|
|52 Week Range||380.00 - 615.80|
|Beta (3Y Monthly)||0.85|
|PE Ratio (TTM)||136.69|
|Earnings Date||Aug 15, 2019|
|Forward Dividend & Yield||7.44 (1.26%)|
|1y Target Est||497.32|
A consortium formed by EDF Renewables and Masdar has placed a 415 MW order for the Dumat Al Jandal wind park in the Al Jouf region of Saudi Arabia. The project will be the country’s first utility-scale wind park, showcasing the increasing competitiveness of wind energy globally. The order is an engineering, procurement and construction (EPC) contract for the supply and installation of 99 V150-4.2 MW wind turbines, as well as a 20-year Active Output Management 4000 (AOM 4000) service agreement for the operation and maintenance of the wind park.
The global demand for wind energy continues to grow both in volume and the number of markets where wind energy offers a sustainable and cost-competitive solution for meeting the world’s energy needs. To address this, improve competitiveness, and expand our supply chain footprint in India, Vestas intends to establish a new nacelle and hub assembly factory in Chennai in the state of Tamil Nadu. The new factory will combine Vestas’ two existing facilities in the state of Tamil Nadu, creating an expanded, optimised and scalable production hub with four times as many local manufacturing jobs in the state.
Bürgerwindpark Reußenköge GmbH & Co. KG has placed an order for 12 V112-3.45 MW turbines for the expansion of a citizen-owned wind park in Schleswig-Holstein. With this order, the wind park will have a total installed capacity of 210 MW with the possibility of a further expansion up to 300 MW in the coming years, making it one of the world’s largest citizen-owned wind projects. The current wind park has an estimated annual production of around 600.000 MWh, which can cover the annual electricity consumption of half a million German citizens. “This 12 V 112-3.45 MW turbine expansion is another major step to building out our citizen wind park to provide sustainable energy to the region.
Today we'll take a closer look at Vestas Wind Systems A/S (CPH:VWS) from a dividend investor's perspective. Owning a...
News release from Vestas-American Wind TechnologyPortland, 30 June 2019 Vestas has received an order for V150-4.2 MW and V110-2.0 MW turbines for a wind project in.
News release from Vestas-American Wind TechnologyPortland, 30 June 2019 The order comprises a 95 MW project and a 173 MW project with V150-4.2 MW turbines from the.
News release from Vestas-American Wind TechnologyPortland, 30 June 2019 The order includes supply and commissioning of V120-2.2 MW turbines as well as a.
News release from Vestas MediterraneanMadrid, 30 June 2019 Vestas has received its first ever order in El Salvador for the 54 MW Ventus wind park, which will be the.
Vestas has secured the first order for an EnVentus platform turbine, underlining how Vestas continues to develop technology that enables tailored solutions to match customer needs. The order features the largest turbine in our product portfolio, the V162-5.6 MW, which will be deployed at the 151 MW Simo Sarvisuo wind park by long-term customer TuuliWatti. Leveraging the V162-5.6 MW turbine’s industry-leading energy production and capacity factor, the solution significantly boosts the projects annual energy production and lower the cost of energy, which played a decisive role in the customer securing the project in Finland’s first renewable energy auction.
Vestas has received a 197 MW order for the Folha Larga II wind park, which will be located in the municipality of Campo Formoso in the state of Bahia, Brazil. The order, placed by long-term customer EDF, includes the supply and installation of 47 V150-4.2 MW wind turbines as well as a 20-year Active Output Management (AOM 4000) service agreement. With this project, Vestas’ surpasses the milestone of 2 GW of order intake for the V150-4.2 MW turbine in Brazil, merely nine months after the turbine variant made its debut in the country.
Brazilian energy company Echoenergia has placed a 76 MW order for the third and final phase of the Serra do Mel wind project, which first phase included Vestas’ first V150-42 MW turbines in Brazil. The wind park will be located in the State of Rio Grande do Norte and, once completed, will have a total capacity of 273 MW. Signed under a bilateral power purchase agreement (PPA), the order includes the supply and installation of 18 V150-4.2 MW turbines with a 120m hub height, which have been customised for the site’s specific wind conditions.
News release from Vestas ChinaBeijing, 28 June 2019 Vestas has secured its first 4 MW platform order in China’s distributed wind market, leveraging its extensive.
News release from Vestas MediterraneanMadrid, 28 June 2019 Vestas has received a 281 MW order for three wind parks in Brazil through a non-regulated power purchase.
Vestas has received a 58 MW repowering order for the first phase of the 94 MW Overgaard 1 wind park in Randers Municipality in Denmark. The order is placed by SE Blue Renewables, a joint venture between the Danish energy company SE* and Denmark’s largest pension company, PFA Pension. Highlighting Vestas’ auction capabilities as well as Denmark’s large repowering potential, the order is Vestas’ second announced repowering project derived from Denmark’s first energy-neutral auction.
News release from Vestas Wind Systems A/S & General Electric CompanyAarhus and Boston, 25 June 2019 Vestas Wind Systems A/S (Vestas) and General Electric Company (GE),.
Vestas has signed an 18 MW contract with VRG Wind 060 for the extension of the Mazara del Vallo wind park in Sicily, Italy. Utilising Vestas’ industry-leading technology and the operation data from the site’s existing wind turbines to boost energy production and mitigate production uncertainties, Vestas and the customer have developed a solution and business case that will be commercially viable without any direct financial support, selling electricity on merchant market terms. Alberto Musso, CEO of VRG Wind 060, says: “Our merchant project, one of the first ones in the Italian wind sector, leverages on the following positive drivers: a wind farm in operation since 2008 mitigates energy production uncertainties, a new financing scheme which foresees such extension and Vestas’ state-of-the-art technology, which will allow us to better harness wind resources with larger rotors and modern wind turbines.
Casa dos Ventos, one of the pioneers and largest investors in the development of wind projects in Brazil, has placed a 445 MW order for the supply and installation of 106 Vestas V150-4.2 MW wind turbines for the Rio do Vento project in the state of Rio Grande do Norte, Brazil. For the project, Vestas has developed a customised solution for the site’s wind profile, including optimised towers and the V150-4.2 MW turbine’s high capacity factor, offering very competitive levelised cost of energy for Brazil’s free energy market.
Long-term customer Vindkraft has placed an order with Vestas for the 164 MW wind project Myrnenska, located in the Kherson region in southern Ukraine. The contract includes supply, installation and commissioning of 39 V150-4.2 MW wind turbines, as well as a 20-year Active Output Management (AOM 5000) service agreement. “With this order we continue to build on our valued cooperation with Vindkraft as well as on our position as a market leader in Ukraine”, states Nils de Baar, President of Vestas Northern & Central Europe.
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Vestas and RUSNANO today signed a Memorandum of Understanding (MoU) regarding localisation of equipment for the Russian sustainable energy market, including supply chain optimisation, local manufacturing of wind turbine components and Vestas considering the possibility of using technology developed by RUSNANO portfolio companies. The MoU was signed in relation to St. Petersburg International Economic Forum and seeks to strengthen Vestas and Rusnano’s position in the growing Russian sustainable energy market.
News release from Vestas Northern and Central EuropeHamburg, 3 June 2019 Leveraging its extensive project management experience and product expertise, Vestas has.
Brazilian energy company Echoenergia has placed a 97 MW order to supply and install 23 V150-4.2 MW turbines at the Serra do Mel wind park, located in the State of Rio Grande do Norte. The order is an extension of the 101 MW Serra do Mel project, which was Vestas’ first V150-4.2 MW turbine order in Brazil. The order takes Vestas’ firm order intake for the V150-4.2 MW in Brazil to 1,063 MW since October 2018, when the company announced plans to produce the turbine variant in Ceará.
Vestas has successfully secured an engineering, procurement and construction contract for the 227 MW Collector Wind farm, to be developed by RATCH-Australia Corporation. The contract includes the supply of Vestas’ 4 MW platform turbines and a long-term, full scope service agreement with an energy-based availability guarantee. This site-specific solution has been designed to maximise annual energy production and provide RATCH-Australia with long-term business case certainty for the project.
News release from Vestas ChinaBeijing, 22 May 2019Leveraging its high tower solution to increase annual energy production, Vestas has secured a 44 MW order for 20 V120-2.2 MW.