Vestas

Targets ✅ Declarations ✅ Climate goals ✅ Wind farms ❌ Turning our ambitions into actual wind farms means rethinking offshore wind auctions. Current mechanisms add too much financial risk upfront, instead of focusing on promoting project realisation and value creation. 2024, particularly, is a pivotal year - with an unprecedented volume of offshore wind up for auction. If ever there was a time for action, it’s now. Later is too late. www.vestas.com/action

"Be bold. Be curious. Be open." These words guided Dominika throughout her time in the Vestas Graduate Programme, a transformative and holistic experience that led her to develop her skills, mindset, and passion for renewable energy. Now thriving as a Product Owner in Digital Solutions, Dominika believes the Graduate Programme was a unique opportunity to connect with global leaders, work on impactful projects, and grow within a purpose-driven company. Are you ready to start your career with purpose? Applications for the Vestas Graduate Programme are open! Apply before 15 January: https://brnw.ch/21wPitw

Ramping up for serial production: our flagship offshore wind turbine, the V236-15.0 MW. Here’s a glimpse inside our blade factory in Taranto, Italy, where we've recently inaugurated a new blade production line to supply blades for our first commercial offshore wind projects: He Dreiht and Baltic Power. This marks a milestone in our journey to expand offshore wind globally. Since its launch, the V236-15.0 MW has been on an impressive journey: ◾ 2022: Prototype manufactured and installed ◾ 2023: Extensive testing and verification completed, leading to Type Certification ◾ 2024: Ramping up production in our factories, including our new nacelle factory in Poland. Watch this video to explore how we're working to fulfill these commitments.

Advancing the UK's sustainable energy future with 1.1 GW of offshore wind. We've secured a new firm offshore wind order for the Inch Cape project in Scotland, part of a joint venture between ESB and Red Rock Renewables. Key project highlights include: ◼️ 72 of our flagship V236-15.0 MW offshore wind turbines ◼️ Upon completion, we will deliver a long-term service agreement followed by an operational support agreement Read more: https://lnkd.in/dGTF_2Zv

🇬🇧 Repurposing our Isle of Wight factory in the UK to manufacture onshore blades.    The UK’s wind energy industry, with its positive momentum and potential, is one of our key markets.  For over two decades, we have invested in jobs and manufacturing activities at our Isle of Wight factory in the UK. At present, the factory focuses on manufacturing blades for our V174 offshore turbine. Demand for this product is ending, and constraints at the site mean it is not suitable for the next generation of offshore blades.    Following an agreement in principle with the UK government, we now intend to repurpose the factory to build onshore blades. With this, we can support the UK market and meet the country’s increased demand for onshore wind energy. We are proud of the technical expertise developed at Isle of Wight and are pleased that this decision will allow us to retain and offer a significant number of other opportunities for our impacted colleagues.    Thank you to the new UK government and Secretary of State, whose commitment to domestic manufacturing and clean energy have been instrumental in making this decision.     Read more: https://lnkd.in/dgH96zWf

"Do you want to take on big projects from day one? Do you want to make a difference in this world? Then the Vestas Graduate Programme is for you." For Sungwon Hong, joining the Vestas Graduate Programme was a unique opportunity—a chance to work with purpose, tackle meaningful challenges, and contribute to a sustainable future. From climbing 150-meter turbines to shaping impactful projects, Sungwon's journey embodies growth, learning, and global exposure. "At Vestas, whether you're on the front line, back-end, or any part of the value chain, everyone in the organisation contributes. Just like a mosaic, our combined efforts, no matter how small, create a powerful and meaningful bigger picture." Join Sungwon in contributing to a sustainable future! Apply to the Global Graduate Programme before 15 January: https://brnw.ch/21wPitw

Are you a recent graduate thinking about the next step in your career? 🌍 Hear directly from our CEO, Henrik Andersen, about how our Graduate Programme can kickstart your journey in renewable energy. With opportunities to grow, learn, and make a global impact, this is your chance to start a career with purpose. Apply today and take the first step toward shaping a sustainable future! Learn more about our program: https://brnw.ch/21wPcEm

Hans Martin Smith to step down as Vestas’ Chief Financial Officer by end of 2024. After more than 20 years in the company, Hans Martin Smith has decided to step down as Chief Financial Officer (CFO) of Vestas by end of 2024; a role he has held since 1 March 2022. Hans leaves the company having served as CFO during a challenging and volatile period where he helped Vestas turn a heavily loss-making 2022 into a profitable 2023 and oversee Vestas continuing its positive profitability trajectory in 2024. Vestas President and Chief Executive Officer, Henrik Andersen says “I want to thank Hans on behalf of everyone at Vestas for his incredible contribution over the last two decades. I’ve enjoyed working closely with Hans, but I understand his decision to try something different after 20 years in Vestas, including three tough years as CFO through an extraordinarily volatile and demanding period for the industry and the company”. Read our company announcement here: https://lnkd.in/dZDBztPa

A new firm offshore wind order! We've secured an order for the 900 MW Nordseecluster B project in Germany, from RWE. The order includes: ▪️ Supply, delivery, and commissioning of 60 V236-15.0 MW wind turbines. ▪️ Upon completion, Vestas will also service the asset under a service agreement followed by a long-term operational support agreement. Wind turbine installation for the Nordseecluster B is expected to take place in 2028 with commercial operation to start at the beginning of 2029. The first phase of the project, the 660 MW Nordseecluster A, was announced as a firm order in June 2024 and consists of 44 V236-15.0 MW turbines. Learn more: https://lnkd.in/d-aUeXku

We've been awarded a gold medal under EcoVadis' annual sustainability assessment. The recognition underscores our sustainability management systems being among the top 5% of all companies assessed by EcoVadis, the leading provider of corporate sustainability ratings, over the past twelve months. Among other things, the rating is also a testament to: ◾ Our leading environmental performance and reporting ◾ The actions we take to implement our commitments and policies related to labour and human rights ◾ Our strong focus on improving supply chain sustainability We are proud to progress from a silver medal last year to a gold medal with a total score of 74 this year, showing our commitment to continuously improving our sustainability performance. While the assessment is a confirmation of continuous improvement, it also highlights areas where we can improve, which we look forward to continuing focusing on. Learn more about our sustainability initiatives and ambition: https://brnw.ch/21wOWxf