25 Jun '12, 4pm

Vestas to Close Chinese Manufacturing Plant Due to Uncertain Growth: Danish wind turbine maker Vestas is to clo...

Vestas to Close Chinese Manufacturing Plant Due to Uncertain Growth: Danish wind turbine maker Vestas is to clo...

Vestas Wind Systems announced today that up to 350 jobs would be lost as a result of the closure of the Hohhot factory, which makes the company’s V52-850 and V60-850 kilowatt turbines. Vestas said it was shutting the plant in the next few months because it predicted little growth in the kilowatt turbine sector . “On the basis of thorough internal analyses, Vestas projects a low market demand for the kilowatt platform in the coming years,” it said in a statement, which added that the company “remains firmly committed to China and has confidence in China's long-term growth in the wind energy industry ”. Following the closure — which is expected to save $12.5m a year — Vestas will have about 2,600 staff in China. On Friday, Vestas announced it was scrapping plans for a factory at the port of Sheerness in England. The company’s original statement gave no reason for the withdra...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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Vestas secures its largest service contract renewal for 1,897 MW #wind #windenergy

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