22 May 2017 2017 11:00 AM GMT

Vestas Strengthens R&D Capabilities With New Portugese Engineering Design Centre

Vestas has opened an engineering design centre in Porto, Portugal, to further strengthen its global research and development setup, further strengthening its industry-leading investments in research and development. The centre will be responsible for developing core technology for Vestas’ product portfolio and is part of Vestas’ existing research and development (R&D) setup, which includes sites in the UK, Norway, Germany, India and the company headquarters in Aarhus, Denmark. The new Centre effectively expands Vestas’ already strong, global R&D organisation.

The company has begun recruiting for the new Centre, which is expected to employ at least 80 people by the end of 2017 and several hundred engineers when fully ramped up in 2020. The Porto area offers access to a breadth of skills in areas that Vestas is looking to recruit, namely electrical, mechanical and software engineering. The proximity to leading universities and other research institutions of a high standard is key to choosing Porto and Portugal.

“Vestas already leads the industry in R&D investments and by establishing an additional engineering design centre, we strengthen our R&D capabilities through the broad pool of talent available in the Porto region. Vestas’ product portfolio covers all wind classes across the world and with this investment we underline our technology leadership and ambition to lower the cost of energy faster than anyone in wind energy,” says Executive Vice President and CTO Anders Vedel, Vestas.

The engineering design centre will work as an independent hub, driving the development of systems for Vestas’ global product portfolio. The centre will thus foster cross-disciplinary and personal development in a project-oriented and international organisation that makes a positive impact by changing the world’s energy mix.

The company is currently evaluating different locations in the Porto region to set up the Centre. Until a more permanent location is found and becomes available, Vestas will be operating from offices at the Science and Technology Park of University of Porto (UPTEC).

Vestas claims to be the energy industry’s global partner on sustainable energy solutions. It designs, manufactures, installs, and services wind turbines across the globe, and with more than 83 GW of wind turbines in 75 countries, it has installed more wind power than anyone else. Through its industry-leading smart data capabilities and unparalleled more than 73 GW of wind turbines under service, it uses data to interpret, forecast, and exploit wind resources and deliver best-in-class wind power solutions. The company believes that together with its customers, Vestas’ more than 22,000 employees are bringing the world sustainable energy solutions to power a bright future.

Image: Courtesy of Vestas Wind Systems A/S

January 22nd 2018
EV, Renewables See CO2 Emissions Plateau By 2030, But Far From 2 Degree Pathway

Major shifts in the global energy landscape, particularly related to electric vehicles (EVs) and renewable energy sources, mean that MEI expects global CO₂emissions to plateau by 2030. However, increased global energy demand means emissions will remain at more than double the level required for a 2 degrees Celsius warming pathway. Ole Rolser, Associate Partner and Solution Leader at MEI, comments: “Despite the significant momentum around EVs and renewable energy sources taking an increasing share of the power market, to realise the 2 degrees pathway scenario, we’d have to see much broader, much more disruptive change than what we’re seeing now.”

January 18th 2018
Masdar City To Test Latest Concepts In Autonomous Electric Vehicles

ICONIQ Motors, a China-based EV company, has reached agreement to test its autonomous driving concept at Masdar City. The ICONIQ SEVEN, one of the world’s latest EV models is a futuristic vehicle, built on an intelligent, connected vehicle platform integrated with Microsoft’s AZURE cloud technology; and is set to hit the market in 2019. “Masdar City has put smart and sustainable mobility at the centre of its strategy, as highlighted by the historic success of its flagship driverless Personal Rapid Transit (PRT) system,” said Yousef Baselaib, Executive Director of Sustainable Real Estate at Madsar. “It is the ideal location to test innovative autonomous driving concepts.”

January 8th 2018
Vestas Sets 10.6 GW Record In 2017 After Year-End Surge; Ups Cashflow Guidance

Vestas has received a firm and unconditional order for 190 MW of 4 MW platform turbines in the U.S. taking the global order intake for the company in 2017 to 10.6 GW, surpassing 2016’s record order intake of 10.5 GW. The surge of orders at the end of the year has resulted in the company revising its guidance for free cashflow upwards. It now expects the free cashflow for 2017 to be €1.15bn-€1.25bn, as compared with the previous guidance of €450m-€900m. Markets have reacted favourably with the company share price experiencing an increase of 5%. 


 

   

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