Vestas receives order from leading Chinese wind energy developer

China Longyuan Power Group is China’s largest developer of wind farm. The company’s IPO in Hong Kong at the end of 2009 raised USD 2.2 billion, which will help fund its aggressive pursuit of wind energy production.

“We are excited to receive this new order from China Longyuan Power Group, the leading developer of wind farm in China and an important customer for Vestas. We appreciate this customer’s strong commitment to the industry, and will work closely with them to achieve our common goal – a sustainable tomorrow,” says Jens Tommerup, President of Vestas China.

“Fujian is also one of the most important provinces for the wind power industry in southern eastern costal area of China. Just this past half year, Vestas has received over 150 MW in orders for Fujian province alone, so we are well under way in building up a firm presence in this province.”

The contract includes delivery, transportation, installation and commissioning of the wind turbines, a VestasOnline® Business SCADA solution and a service and maintenance agreement. The first delivery is scheduled to take place in the third quarter of 2010.

Every single day, Vestas wind turbines deliver clean energy that supports the global fight against climate change. Wind power from Vestas wind turbines currently reduces carbon emissions by more than 40 million tons of CO2 every year, while at the same time building energy security and independence.

Vestas is the world leader in wind power technology, with a history of technological innovation and over 30 years of experience in developing, manufacturing, installing and maintaining wind turbines. Vestas was a pioneer in the wind energy industry and started to manufacture wind turbines in 1979. In 1987, the company began to concentrate exclusively on wind energy.

Vestas was the first wind turbine company to enter the Chinese market when it installed the first wind turbines in Shandong in 1986. Vestas has installed wind turbines in thirteen provinces in China and is among the biggest accumulated suppliers of wind turbines.

Vestas has its largest integrated manufacturing complex globally situated in Tianjin, its China headquarters in Beijing, a factory in Hohhot, a global procurement office in Shanghai, and is currently commissioning a new foundry in Xuzhou.

By the end of 2009, Vestas had invested more than RMB 3.5 billion in China and its 3,000 employees are committed to providing wind energy solutions to customers and partners in China. This is a concrete sign of our confidence in the Chinese wind energy sector.

Vestas is working hard to build up a strong value chain in China that can fully support the construction of wind turbines from its factories in China. Every year, Vestas improves its Chinese sourcing capabilities; the aim is to increase the proportion of Chinese-made content.

Vestas is known for its industry-leading product quality; all of its suppliers in China are part of a partnership designed to increase product quality and performance and enable suppliers to become globally-competitive. In 2008, one of Vestas’ Chinese suppliers was awarded the Vestas Global Suppliers’ Award for its performance and high product quality.

As the global leader in wind energy, Vestas is committed to helping develop China’s wind energy sector. Vestas is eager to share our 30 years of industry experience and expertise with China.

www.vestas.com