Sector News
Vestas intends to cease production at three European factories to meet the manufacturing requirements of our changing product portfolio

Vestas intends to accelerate the deployment of renewable energy and improve wind energy’s competitiveness and continues to develop and optimise the products and solutions we offer our customers as well as expand partnerships with specialised partners in supply chain. The ongoing integration of onshore and offshore business is a key part of this development, which is needed to address to ensure Vestas has an efficient operating model and manufacturing footprint. As part of this development, Vestas is today announcing steps to adjust manufacturing footprint in Germany, Spain, and Denmark.
Specifically, these changes entail that Vestas intends to cease production at its factories in Lauchhammer, Germany; Viveiro, Spain and Esbjerg, Denmark. Vestas sustains a strong footprint and continues to supply onshore and offshore wind turbine components to customers from 12 sites across Europe, combining facilities owned by Vestas and its supply chain partners. Additionally, Vestas’ Service business plays a vital role in our European footprint, which includes more than 19 GW under service in Germany, Spain and Denmark combined.
“Today’s fast-moving energy transition, rapid introduction of new products and recent integration of our onshore and offshore business require us to further mature and evolve our supply chain network and manufacturing footprint. While Vestas will sustain a strong footprint in Europe across manufacturing and service activities, it’s always hard to make decisions that negatively affect our good, hardworking colleagues at Vestas. I would like to emphasise that we are deeply committed to explore opportunities to relocate our colleagues, who unfortunately will be impacted by the cease of production at our factories in Lauchhammer, Viveiro and Esbjerg”, said Executive Vice President and COO Tommy Rahbek Nielsen.
Vestas’ factory in Lauchhammer, Germany has since it scaled down activities two years ago maintained manufacturing of a limited number of blades for the V117 and V136 turbines and currently employs approximately 460 people. Vestas expects to meet future customer needs for its V117 and V136 turbines with supply from its other blade factories across the world. The expectation is to finalise production in Lauchhammer by the end of 2021, while Vestas will explore opportunities to relocate employees currently working in Lauchhammer to other Vestas sites in Germany across manufacturing and service. With more than 15 GW of installed turbines, 11 GW under service and more than 2,500 employees as of August 2021, Vestas sustains its commitment to the German market and our established supply chain.
Vestas’ factory in Viveiro, Spain employs approximately 115 people who manufacture generators for the 2 MW onshore platform as well as control panels for the V164 offshore turbine for markets outside of Spain. Due to both the decrease in demand for the 2 MW platform and the need to optimise offshore manufacturing, it is no longer sustainable to continue activities in Viveiro. Based on current plans, Vestas expects to finalise production in Viveiro end of 2021 and will offer opportunities to relocate employees currently working in Viveiro to other Vestas sites in Spain. To mitigate the effects, Vestas will work hand in hand with both national and regional governments as well as with the social stakeholders. Spain remains a key market to Vestas, with more than 4.8 GW of installed turbines, 6 GW under service and more than 2,200 employees as of August 2021 including the blade factory in Daimiel, service operations and the headquarter for Vestas’ Mediterranean region.
Vestas’ factory in Esbjerg, Denmark employs approximately 75 people who manufacture power conversion modules for the V164 and V174 offshore turbines. As demand for these modules will gradually shift to markets primarily outside of Europe and be delivered via more localised manufacturing facilities, Vestas expects to conclude production of power conversion modules in Esbjerg during the first half of 2022. Vestas will explore opportunities to relocate employees currently working at the factory in Esbjerg to other Vestas sites in Denmark, and Denmark remains a core part of Vestas’ global footprint with more than 5,900 employees as of August 2021.
Where required by local law Vestas will now initiate legal proceedings and negotiations with worker’s representatives and the local work councils for all affected employees. As of August 2021, Vestas employs more than 29,000 globally across onshore and offshore activities.The total cost of this adjustment of Vestas’ manufacturing onshore and offshore footprint will depend on specifics related to e.g. the outcome of negotiations with work councils, sale of buildings and etc. As indicated in Vestas’ guidance for 2021, the total cost will be booked as special items related to the integration of the offshore business and will be recognised in the third quarter of 2021.
Sector News
Two experienced figures in wind energy join forces for a strategic collaboration

Two experienced professionals in Türkiye’s wind energy sector are taking their long-standing relationship to the next level through a strategic collaboration. Alper Kalaycı, Co-Founder of EnconIQ Energy Consultancy Ltd., and Levent İshak, Co-Founder of Lewind Energy Consultancy Ltd., will collaborate to develop new projects and improve the performance of existing wind power plants.
Kalaycı and İshak, whose friendship dates back to their studies at Dokuz Eylül University’s Department of Mechanical Engineering in 1991, are carrying nearly 35 years of shared experience into this new partnership. Both have been actively involved in the wind energy sector since 1998 and aim to further leverage their accumulated expertise through this collaboration.
By combining their complementary capabilities, the two will work together on both the development of new investments and the enhancement of operational efficiency in existing wind power plants.

Türkiye’s targets provide momentum for the sector
Commenting on the collaboration, Alper Kalaycı highlighted Türkiye’s energy transition:
“In line with our country’s 2035 targets, we need to increase our current wind installed capacity by approximately three times. This clearly demonstrates the strong growth potential of our sector. In the coming period, significant opportunities are expected both in new investments and in local manufacturing. With this collaboration, we aim to make more effective use of these opportunities.”
Operation and maintenance play a critical role
Levent İshak emphasized the importance of the operational phase:
“One of the most significant cost components in wind energy projects is operation and maintenance. Structuring these processes correctly from the outset, designing contracts accordingly, properly identifying risks, and managing them effectively are of great importance. Ensuring that this structure is implemented correctly during operation is critical for long-term performance. With this collaboration, we aim to create value both in structuring long-term contracts for new projects and in improving the performance of existing power plants.”
Complementary expertise, shared vision
The collaboration brings together Alper Kalaycı’s experience in manufacturing, localization, and project development with Levent İshak’s expertise in turbine supply, maintenance, service, and operations, aiming to create a strong synergy within the sector.
Sector News
ENERCON and POLAT Enerji strengthen their long-standing partnership

ENERCON will supply wind turbine technology for another major project in Türkiye. For the “Balıkesir 1” wind farm in the northwest of the country, operator Polat Enerji has ordered 23 wind turbines of ENERCON’s new flagship model, the E-175 EP5 E2. The supply contract was signed on 27 April in Istanbul. With a total capacity of 161 MW, the wind farm is part of the YEKA 5 tender, for which Polat Enerji recently received the award from the Turkish Ministry of Energy.
“We have enjoyed a long-standing and close cooperation with Polat Enerji in the expansion of wind energy in Türkiye,” said Udo Bauer, CEO of ENERCON. “With ‘Balıkesir 1’, we will have jointly realised more than 1 gigawatt of installed capacity in Türkiye. We intend to continue this partnership for the energy transition together in the future. We are very pleased to implement the ‘Balıkesir 1’ project together using our new E-175 EP5 E2 turbine model.”
“Our journey began a quarter-century ago with an early and firm belief in Türkiye’s renewable energy potential,” said Evren Güvenç, CEO of Polat Enerji. “Today, Polat Enerji has evolved into a strategic player managing high-scale investments across Türkiye and Europe. The Balıkesir 1 project, secured through the YEKA tenders, is a testament to our continuous growth; for us, leadership is defined by more than just increasing installed capacity. We measure our progress not only by power output but by our optimisation capabilities and system flexibility. By leveraging our end-to-end expertise – from investment to operation – we are reinforcing our position as a pioneering actor shaping the transformation of the entire energy landscape.”
The E-175 EP5 E2 is ENERCON’s new top model. With a rated power of 7.0 MW and a rotor diameter of 175 metres, it is one of the most powerful onshore wind turbines in Europe in terms of energy yield. The E-175 EP5 E2 is also a central pillar of the company’s market strategy and forms the basis of the solution portfolio with which ENERCON supports its customers.
The supply agreement for the “Balıkesir 1” wind farm marks another milestone in the market launch of the E-175 EP5 E2 in Türkiye. The country is an important international strategic target market for ENERCON. To supply Turkish wind farm projects with the new E-175 EP5 E2, ENERCON will continue its proven localisation strategy with long-standing Turkish production partners and will also manufacture selected main components of the new top model in the country in the future.

“This allows us to meet the local content requirements of the Turkish tender system,” said Arif Günyar, Regional Head of the Central Asia / Middle East / Africa (CAMEA) region. “We are fully committed to the Turkish market and to the energy transition in Türkiye. We look forward to opening a new chapter of cooperation with Polat Enerji as well as with other Turkish customers and interested parties.”
Construction of the “Balıkesir 1” wind farm is scheduled to begin in September 2027, with commissioning expected by the end of December 2027. A total of 23 wind turbines will be installed on steel towers.
Sector News
Mature Capital Provided Advisory Services for the Gülle Wind Power Plant Project

Gülle Entegre Tekstil İşletmeleri, one of Türkiye’s leading integrated yarn and fabric manufacturers with 55 years of experience, has signed a wind turbine supply and service agreement with Goldwind for the Gülle Wind Power Plant (WPP) Project. The project aims to meet the energy consumption of its production facilities located in Ergene, Tekirdağ.
According to the agreement, the project, located in the Ergene district of Tekirdağ, will utilize Goldwind’s GW155-4.8MW turbine model, featuring a hub height of 110 meters, a capacity of 4.8 MW, and a rotor diameter of 155 meters. The agreement also includes a 10-year full-service package covering maintenance and availability services.
The Gülle WPP Project is planned to be commissioned in December 2026. Upon completion, the plant is expected to reach an annual electricity generation capacity of approximately 16 million kWh.
Mature Capital has provided two-phase advisory services to Gülle Entegre Tekstil from the initial concept stage of the investment. In the first phase, project development, advisory services included the preparation of economic and technical feasibility studies in line with current investment conditions, as well as strategic and procedural guidance on regulatory and permitting processes (such as EPDK, EIA, zoning, and grid connection procedures).
In the second phase, once the project reached a certain level of maturity in terms of permits, Mature Capital provided advisory services for wind turbine selection, final supplier decision-making, and the negotiation of turbine supply and service agreements.

Habib Babacan, General Manager of Mature Capital
Commenting on the agreement, Habib Babacan, General Manager of Mature Capital, stated:
“We are very pleased to see the outcome of our efforts and work materialize with this important agreement, which marks the realization of our approximately three-year collaboration with our investor, Gülle Entegre Tekstil.
We would like to thank the Goldwind Türkiye team for their cooperation and support during the contract phase, and our investor Gülle Entegre Tekstil for their trust in Mature Capital. We wish the Gülle WPP Project to be beneficial for both parties.”
About Mature Capital
Since 2022, Mature Capital has been exclusively focused on the wind energy sector, providing advisory services to investors in the areas of business development, project development, strategy formulation, and project transfer (M&A) for wind power projects.
In its fourth year of operation, the company has continued to expand its activities and has successfully completed 18 advisory projects with 15 different investor groups since its establishment.
Mature Capital will continue to provide high-quality and reliable services to wind energy investors in Türkiye.
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