Vestas Wind Systems AS (OTCMKTS:VWDRY) is a leading global manufacturer, installer and service provider of wind turbines and wind power solutions. The company’s core activities encompass the design, production and commissioning of onshore and offshore wind turbines, supported by a comprehensive range of aftermarket services. Vestas also offers digital monitoring and predictive maintenance platforms, which enable customers to optimize energy output and ensure turbine reliability over the lifecycle of their assets.
Founded in Denmark in 1945, Vestas transitioned into wind energy in the late 1970s and has since grown into one of the world’s largest wind power companies. The firm operates research and development centers focused on aerodynamic design, materials science and advanced power electronics, driving continuous improvements in turbine efficiency and scalability. Vestas’ product portfolio has evolved to include turbines ranging from smaller distributed‐generation models up to multi-megawatt platforms tailored for utility-scale installations.
Vestas maintains a diversified global footprint with manufacturing facilities, service centers and sales offices across Europe, North America, Latin America, Asia Pacific and the Middle East & Africa. This geographic presence enables the company to support large-scale wind projects in varied climatic and regulatory environments, as well as supply spare parts and maintenance services through 24/7 remote monitoring and rapid‐response teams on the ground. Strategic partnerships with utilities, independent power producers and infrastructure developers strengthen its market position and project execution capabilities.
Under the leadership of President and CEO Henrik Andersen, who joined the company’s executive team in 2019, Vestas has sharpened its focus on sustainable growth and carbon-neutral energy solutions. The company continues to invest in digitalization, energy storage integration and hybrid renewable systems to meet evolving customer needs and regulatory targets. With a commitment to innovation and environmental stewardship, Vestas aims to accelerate the global transition to renewable energy and support long-term decarbonization efforts.
