EnergyWatch

Vestas takes first step back into booming market

The Danish wind turbine manufacturer is now ready for take-off in India, says the CEO, who is pleased that the orders to China are already inching close to last year's deliveries. But the road is paved with obstacles, he says.

Photo: Vestas

It has been a rough start, albeit a restart, for Vestas on the Indian market. Although the manufacturer is still lagging far behind industry peers such as Suzlon and Gamesa – now Siemens Gamesa – on the world's fourth-largest market, the first quarter 2017 saw the company take its next step.

Of the 1,553 MW, which were delivered in the first three months of 2017, 30 MW went to India, while orders were placed for another 55 MW. This corresponds to 2 percent of the deliveries and 2.7 percent of the new orders, but this is not too shabby considering the company's starting point, says CEO Anders Runevad.

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