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Vestas Wind Systems — Earnings Release 2007
Aug 3, 2007
3390_iss_2007-08-03_a3cd9b49-ae6e-41c8-a906-7aff752d0bde.pdf
Earnings Release
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Company announcement from Vestas Wind Systems A/S
Randers, 3 August 2007 Company announcement No. 30/2007 Page 1 of 1
Vestas receives major orders from the Chinese market
Vestas has received two orders for 25 units of V80-2.0 MW wind turbines, comprising a total capacity of 100 MW.
The orders have been placed by China Long Yuan Electric Power Group Corp., one of China's major state-owned utility companies in the electric power sector. The orders comprise supply of complete turbines including towers as well as commissioning, VestasOnline™ SCADA system and a two-year maintenance and service agreement.
Delivery of the turbines will begin in the first half of 2008, and the project will be located in Chifeng in Inner Mongolia. The project is expected completed by the end of 2008.
"We are extremely pleased to continue our close partnership with Long Yuan, one of the leading wind power operators in China and a long-term customer of Vestas," says Thorbjørn N Rasmussen, President of Vestas Asia Pacific A/S and continues: "Furthermore, we are very pleased that these wind turbines will be delivered from our Chinese manufacturing facility in Tianjin."
The above orders do not affect the Vestas Group's expectations for 2007 cf. Stock exchange announcement No. 20/2007 of 15 May 2007.
Any questions may be addressed to Thorbjørn N Rasmussen, President of Vestas Asia Pacific A/S, telephone +65 6303 6510/+65 9660 6510, or to Peter Wenzel Kruse, Vice President of Group Communications at Vestas Wind Systems A/S, telephone +45 9730 0000.
Yours sincerely Vestas Wind Systems A/S
Ditlev Engel President and CEO