A part of Watch Media

EnergyWatchFriday3 February 2023

  • Search
  • Log in
  • Utilities
  • Oil & Gas
  • Renewables
  • Cleantech
  • Search
  • Log in
  • Latest
  • Search
  • Log in
  • Utilities
  • Oil & Gas
  • Renewables
  • Cleantech
  • Policy & Trading
  • Danish
18/11/2016at 10:06

Vestas eyeing major Chinese acquisition

The wind turbine manufacturer has secret plans to put its money to work and conquer the Chinese market from within.
Photo: Vestas, PR
BY KASPER BRØNDGAARD ANDERSEN, FINANS

While Vestas' top management insists that the Danish wind turbine manufacturer will primarily grow on its own service, it is secretly probing to gain a solid foothold in the world's largest wind power market by entirely or partly taking over United Power, one of China's largest wind turbine manufacturers.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters

Get full access for you and your coworkers

Start a free company trial today

Related articles:

  • Photo: Vestas

    Vestas still waiting on huge Egyptian deal

    For subscribers

  • Photo: GRAVERSEN ANITA/POLFOTO/arkiv

    Vestas fires workers for the sake of the future

    For subscribers

  • Photo: Vestas

    Vestas will fire 350 employees from blade factory

    For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Foto: Wärtsilä
Renewables

Wärtsilä to supply technology for US power plant

Wärtsilä’s is set to supply generating equipment for a peaker power plant integral to the Texas electric grid.
  • Wärtsilä books a EUR 200m loss from Russian exit
  • Wärtsilä wins yet UK battery order
Foto: ASTRID VELLGUTH/AFP / AFP
Cleantech

French JV forms to ease hydrogen access along Europe's roads

For subscribers

Foto: Yves Herman/Reuters/Ritzau Scanpix
Policy & Trading

Belgium turned major net power exporter in 2022

Foto: Gregers Tycho
Renewables

Ørsted ready to temper offshore wind investments

For subscribers

Foto: Yves Herman
Policy & Trading

Vestager: Uncertainties cling to subsidies' mitigation potential

For subscribers

Foto: Toby Melville
Oil & Gas

Shell books record profit for 2022

For subscribers

Further reading

Foto: Pjsc Enel Russia
Renewables

Siemens Gamesa ups prices amid difficult quarter

The manufacturer records major loss due to errors in installed turbines, but Siemens Gamesa should be pleased of price improvements compared to previous quarters.

For subscribers

Foto: Toby Melville
Oil & Gas

Shell books record profit for 2022

The British oil company reports a net result of USD 42bn for 2022 and has started to pay windfall taxes to both the EU and UK.

For subscribers

Vestas CEO Henrik Andersen | Foto: motie.go.kr
Renewables

Vestas suffering from untenably pricey faults

For the twelfth consecutive quarter, the OEM’s volume of warranty provisions exceeded the company target. We can’t live with this, concedes CEO.

For subscribers

Latest news

  • Australia aims to become energy "powerhouse" for EU – 08:45
  • Wärtsilä to supply technology for US power plant – 07:25
  • French JV forms to ease hydrogen access along Europe's roads – 2 Feb
  • Belgium turned major net power exporter in 2022 – 2 Feb
  • Vestager: Uncertainties cling to subsidies' mitigation potential – 2 Feb
  • Innargi inks first international contract – 2 Feb
  • Ørsted ready to temper offshore wind investments – 2 Feb
  • Drilling rig company awarded with USD 392m deal for deepwater drillship – 2 Feb
  • Shell books record profit for 2022 – 2 Feb
  • Siemens Gamesa ups prices amid difficult quarter – 2 Feb
See all

Jobs

  • Do you have an inner Electrician or Utility Operator in your belly?

  • Electrical Engineer specialised in PV systems

  • Financing Associate

  • Structured project manager for the integration of renewable energy in the green conversion

  • Electrical and Instrumentation Engineer (E&I) - New graduate or with few years of experience

  • Strategic Business Developer for CO2 and Hydrogen Infrastructure

  • Head of Office for Advice on Fundamental Functions

  • Energy Analyst

  • Senior Project Manager

  • Director - Project Management (DK)

  • Team leader with focus on both operations and development

  • Engineer or mechanical engineer for the green transition

  • Be part of creating energy on time - as a Senior Process Consultant at Energinet

  • Asset Manager (Denmark) - help drive tomorrow's energy projects

  • Customer Advisors for Utility Products

  • Responsible for MR stations

  • Project management of regulatory processes in large offshore wind projects

  • Innovative Engineer to secure critical infrastructure

  • Planner - Denmark

  • Operations Technician

  • Business Oriented Senior Product Manager

  • Senior Specialist in electrical design of HV/MV substations

  • Project Cost Estimator & Planner

  • Project Manager - Denmark

  • Regulatory Lawyer for CCUS

See all jobs

Jobs

  • Do you have an inner Electrician or Utility Operator in your belly?

  • Electrical Engineer specialised in PV systems

  • Financing Associate

  • Structured project manager for the integration of renewable energy in the green conversion

  • Electrical and Instrumentation Engineer (E&I) - New graduate or with few years of experience

  • Strategic Business Developer for CO2 and Hydrogen Infrastructure

  • Head of Office for Advice on Fundamental Functions

  • Energy Analyst

  • Senior Project Manager

  • Director - Project Management (DK)

  • Team leader with focus on both operations and development

  • Engineer or mechanical engineer for the green transition

  • Be part of creating energy on time - as a Senior Process Consultant at Energinet

  • Asset Manager (Denmark) - help drive tomorrow's energy projects

  • Customer Advisors for Utility Products

  • Responsible for MR stations

  • Project management of regulatory processes in large offshore wind projects

  • Innovative Engineer to secure critical infrastructure

  • Planner - Denmark

  • Operations Technician

  • Business Oriented Senior Product Manager

  • Senior Specialist in electrical design of HV/MV substations

  • Project Cost Estimator & Planner

  • Project Manager - Denmark

  • Regulatory Lawyer for CCUS

See all jobs

Colophon

EnergyWatch
Search

Sections

  • Utilities
  • Oil & Gas
  • Renewables
  • Cleantech
  • Policy & Trading
  • Danish
  • Sitemap
  • RSS feeds

Editor

Maz Plechinger

mp@energiwatch.dk

Tel.: +45 3330 8323

Editor-in-chief

Anders Heering

Publisher

JP/Politiken Media Group Ltd

Advertising

annoncering@infowatch.dk

Tel.: +45 7077 7448

Advertising

Job Advertising

job@infowatch.dk

Tel.: +45 7077 7448

Jobs

Subscription

Try EnergyWatch or get an offer for a subscription meeting the exact needs of you or your company.

energywatch@infowatch.dk

Tel.: +45 7077 7448

Learn more about subscriptions here

Address

EnergyWatch

Rådhuspladsen 37

1785 Copenhagen K, Denmark

Tel.: +45 3330 8320

Guidelines

  • Privacy Policy

Copyright © EnergyWatch — All rights reserved

Microsoft is in the process of discontinuing Internet Explorer – and so are we.
For a better experience, we recommend using one of the following browsers.

Kind regards,
EnergyWatch

Google ChromeMozilla FirefoxMicrosoft Edge