After more than a year of negotiations and constant speculation, Vestas and Mitsubishi Heavy Industries (MHI) finally announced their long-awaited joint venture (JV) for the offshore market.
“We have a clear strategic intent to become a global leader in the offshore wind industry,” declared Vestas’ buoyant chief executive, Anders Runevad. The new company is in “pole position” to win the race for market share, added MHI wind boss Jin Kato.
The
