Vestas Wind Systems is one of the largest wind turbine manufacturers in the world and services 100 gigawatts, approx. 16 of the globally installed wind capacity. In 2010, Vestas reached 5 continents in 65 countries, where the company had set up more than 41,000 wind turbines.
The company operates in two segments: Energy solutions (wind turbine equipment) and service, where the energy solutions are the largest contributor to revenue. The majority of Vestas’ installations are in the USA and Europe, where most of the revenue also comes from.
Vestas was founded in 1945 by Peder Hansen with the name VEstjysk-STålteknik A / S, this company name was subsequently abbreviated to Vestas. Initially, the company manufactured appliances and agricultural equipment.
