One of the world’s largest manufacturers of wind turbines will establish a production facility in Germany.
RINGK¯BING, Denmark, DK, 2001-05-04 <SolarAccess.com> Vestas Wind Systems A/S will negotiate a new plant that would produce megawatt-size blades in Lauchhammer, located between Berlin and Dresden. Final negotiations would be subject to public approvals. The new unit will be established by the company’s German subsidiary, Vestas Deutschland GmbH, and will have an annual production capacity of 300 rotor sets. At full capacity, the facility will employ 300 people. “The German market is expected to show growth in the coming years and especially in the eastern part of Germany,” says managing director Johannes Poulsen.”On this background, the placing in Lauchhammer is optimal for our activities in central Europe.” Vestas wants to obtain a long-term lease agreement with an option to purchase the buildings and land after seven years. The project will require an investment of DKK 150 million, and the plant should be ready by next summer. Full capacity will not be reached until 2003. Media reports say Vestas is at an advanced stage of negotiations in Britain for a project in Kintyre that would create 150 jobs manufacturing turbines. The plant may be located at the former RAF air base at Machrihnanish and would use many of the former employees of the shipyard at Campbeltown, which closed in 1997. Officials of the Highlands & Islands Enterprise says the construction of a wind turbine manufacturing plant in Campbeltown would potentially be the largest inward investment project in the Kintyre region in recent times, and a deal should be concluded soon. Shares in both Vestas and NEG Micon soared this week as a result of a media report that the wind industry would become a major contributor to Denmark’s economy. Vestas stocks traded at 400 crowns, with NEG Micon at 354 crowns. A local newspaper quoted the Danish research centre, Risoe, as saying that wind turbines would supply 10 percent of the world’s electricity demand in 20 years. Denmark is the dominant turbine manufacturing country in the world, with Vestas holding a 40 percent stake in second largest manufacturer Gamesa Eolica, while NEG Micon is in number four spot.