The chief executive officer of Denmark's Vestas Wind Systems A/S says the world's biggest wind turbine maker wants to expand in the Middle East and the Asia-Pacific region as it taps into growing demand for renewable energy in new markets.
Vestas intends to be a "pioneer in new markets," CEO Anders Runevad said in a phone interview Thursday.
"There are markets in the Middle East which we hope will open up, and in Asia-Pacific there are markets opening up now or that we have high hopes for when they open up," he said. "These markets have growing energy needs." Vestas this week even introduced a new turbine that will be able to operate during the kinds of typhoons and tropical storms that can hit the Philippines and Japan.