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After a sales slump in 2005, In late 2008 the company announced a manufacturing expansion in Colorado. In August 2010, Vestas also announced a significant expansion of its North American headquarters in Portland, Oregon. In October 2010, the company announced it was closing some of its factories in Scandinavia, with the loss of 3000 jobs.
As of 2011, Vestas wind turbines generate enough electricity to provide for 21 million people. In January 2011, Vestas won the $1.5m (£940,000) Zayed Future Energy Prize in Abu Dhabi.
In February 2009, the company announced the production of two new turbine types, the 3-megawatt V112 and 1.8-megawatt V100. The new models will be available in 2010.
The company's North American headquarters was relocated in 2002 from Palm Springs, California to Portland, Oregon. On December 1, 2008 Vestas announced plans to expand its North American headquarters in Portland through construction of a new building, but this plan was mothballed in 2009 due to the economic recession, and in August 2010 the company announced a revised plan, scaled back in size, to expand its Portland headquarters by renovating an existing-but-vacant building.. Vestas also operates a tower facility in Pueblo, Colorado. The rotor diameter (in meters) follows the V.
In August 2009 Vestas hired more than 5,000 extra workers for its new factories in China, the United States, and Spain. The company said it was "expanding heavily in China and the US because these markets were growing the fastest, in contrast to the sluggish pace of wind farm development in the UK".
As part of this gradual shift in production away from Europe and towards China and the US, in October 2010, the company announced it was closing 5 factories in Denmark and Sweden, with the loss of 3000 jobs.
Vestas has a strategy of focusing on customers and quality rather than turbine price and market share.
In October 2009, Vestas and QinetiQ claimed a successful test of a stealth wind turbine blade mitigating radar reflection problems for aviation.
As of December 2010, Vestas is continuing to work on development of a 7 MW offshore turbine.
Category:Manufacturing companies of Denmark Category:Wind power in Denmark Category:Wind turbine manufacturers
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