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MHI Vestas Offshore Wind

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uuid0009jbs

Namestring
MHI Vestas Offshore Wind
Legal namestring
MHI Vestas Offshore Wind
Websiteurl
mhivestasoffshore.com
Company typeenum
Private
Founded yearint
2014
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersAarhus, Denmark
HQ citystring
Aarhus
HQ countrystring
Denmark
HQ regionstring
Europe
Markets served

Serves global market

Keyword5 values
offshore wind turbines, wind energy systems, marine wind power, renewable energy equipment, wind turbine manufacturing
Industry2 codes
1Wind Turbine OEMs & System Integration (Nacelle/Generator/Controls)
CodeEUAMACACPrimaryYes
2Wind Turbine Installation & Commissioning (Cranes, Vessels, Jack-ups)
CodeEUAMACAGPrimaryNo
NAICS code1 code
  • Turbine and Turbine Generator Set Units Manufacturing333611
SIC code1 code
  • Engines & Turbines3510
Product category
Wind Turbine Manufacturing
Cost components5 values
Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

MHI Vestas Offshore Wind is a joint venture between Mitsubishi Heavy Industries and Vestas Wind Systems that designs, manufactures, and installs offshore wind turbines for large-scale marine wind farm projects. The company supplies utility-scale wind turbine systems engineered for deployment in challenging offshore conditions, along with associated installation and service support for offshore wind farm developers and operators.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

MHI Vestas Offshore Wind was a joint venture between Mitsubishi Heavy Industries and Vestas Wind Systems, specializing in offshore wind turbine development, manufacturing, and installation. As an offshore wind turbine manufacturer, the company offered large-scale turbines designed for marine deployment. Following the 2021 acquisition of MHI's stake by Vestas, the offshore operations are now fully integrated into Vestas. The company participated in significant offshore wind projects including Norther (Belgium) and maintained an active presence in global offshore wind markets including Europe and Asia-Pacific.

Product and service1 record
1Offshore Wind Turbines
CategoryWind Turbine Manufacturing
Scale indicator1 record

Each record includes

Type, Value, Description, Source

Partnership1 partner
1Vestas Wind Systems
Strategic tierCoreTypeStrategic or Co-development Partner
Description

MHI Vestas Offshore Wind is a joint venture between Mitsubishi Heavy Industries (MHI) and Vestas Wind Systems, combining MHI's offshore engineering capabilities with Vestas' wind turbine technology and global market presence for offshore wind applications.

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
1Hitachi Energy
TypeOthers
Description

Supplier of grid connection and electrical infrastructure for offshore wind farms. Not a turbine competitor, but a key ecosystem participant serving the same offshore wind developer customers and adjacent to MHI Vestas's project delivery value chain.

2Shanghai Electric Wind Power
TypeEmerging player
Description

Chinese OEM with offshore wind turbine offerings (e.g., 8 MW+ platforms). Competes in the same offshore turbine OEM category and represents the Asian capacity-expansion wave affecting global pricing dynamics.

3GE Vernova (GE Renewable Energy)
TypeDirect peer
Description

Global offshore wind turbine OEM offering 13+ MW platforms (Haliade-X). Directly competes with MHI Vestas for utility-scale offshore orders in Europe, the US, and APAC.

4Doosan Enerbility
TypeDirect peer
Description

Korean industrial conglomerate developing offshore wind turbine platforms (e.g., 8 MW). Directly comparable as a national-champion offshore OEM targeting utility-scale European and APAC orders.

5Siemens Gamesa Renewable Energy
TypeDirect peer
Description

Direct offshore wind turbine OEM competitor explicitly named in MHI Vestas's market positioning. Both supply large-scale offshore turbines to European utility-scale wind farm developers and compete for the same flagship projects.

6Mingyang Smart Energy
TypeEmerging player
Description

Chinese offshore wind turbine OEM rapidly scaling capacity with competitive pricing. Increasingly relevant as a global offshore wind competitor, particularly in APAC and emerging markets where MHI Vestas is also expanding.

7CSSC Haizhuang (China State Shipbuilding)
TypeEmerging player
Description

Subsidiary of CSSC developing large offshore wind turbines, leveraging shipbuilding heavy-industry capabilities analogous to MHI's contribution to MHI Vestas. Relevant as an emerging offshore OEM with similar industrial-DNA backing.

8Sinovel Wind Group
TypeEmerging player
Description

One of China's largest wind turbine manufacturers with offshore wind ambitions and historical export presence. Comparable as an offshore-segment OEM serving utility-scale developers.

9Vestas Wind Systems
TypeBroad incumbent
Description

Parent company of the JV and the world's largest wind turbine manufacturer overall. Now the parent entity into which MHI Vestas's offshore operations have reportedly been integrated; broader portfolio spans onshore and offshore.

10Envision Energy
TypeDirect peer
Description

Chinese wind turbine OEM with growing offshore wind ambitions and a focus on integrated digital wind farm solutions. Competes in the offshore OEM segment, particularly for APAC and European utility projects.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration1 record

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

MHI Vestas Offshore Wind

Wind Turbine Manufacturingmhivestasoffshore.com

MHI Vestas Offshore Wind firmographics

Firmographics
Name
MHI Vestas Offshore Wind
Legal name
MHI Vestas Offshore Wind
Website
https://mhivestasoffshore.com
Company type
Private
Founded year
2014
Operating status
Operating
Headcount range
1,001–5,000 employees
Ownership category
akta.pro rank

MHI Vestas Offshore Wind industry classification

Industry
Product category
Wind Turbine Manufacturing
NAICS
Turbine and Turbine Generator Set Units Manufacturing (333611)
SIC
Engines & Turbines (3510)
akta.pro primary industry
Wind Turbine OEMs & System Integration (Nacelle/Generator/Controls) (EUAMACAC)
akta.pro secondary industry
Wind Turbine Installation & Commissioning (Cranes, Vessels, Jack-ups) (EUAMACAG)

Keywords

  • Offshore wind turbines
  • Wind energy systems
  • Marine wind power
  • Renewable energy equipment
  • Wind turbine manufacturing

Where MHI Vestas Offshore Wind is headquartered

Location

Headquarters

HQ city
Aarhus
HQ country
Denmark
HQ region
Europe

Markets served

MHI Vestas Offshore Wind business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure

MHI Vestas Offshore Wind product offering

Product offering

Core offering

MHI Vestas Offshore Wind is a joint venture between Mitsubishi Heavy Industries and Vestas Wind Systems that designs, manufactures, and installs offshore wind turbines for large-scale marine wind farm projects. The company supplies utility-scale wind turbine systems engineered for deployment in challenging offshore conditions, along with associated installation and service support for offshore wind farm developers and operators.

Product overview

MHI Vestas Offshore Wind was a joint venture between Mitsubishi Heavy Industries and Vestas Wind Systems, specializing in offshore wind turbine development, manufacturing, and installation. As an offshore wind turbine manufacturer, the company offered large-scale turbines designed for marine deployment. Following the 2021 acquisition of MHI's stake by Vestas, the offshore operations are now fully integrated into Vestas. The company participated in significant offshore wind projects including Norther (Belgium) and maintained an active presence in global offshore wind markets including Europe and Asia-Pacific.

Differentiator

Problem solved

Functional benefit

Products and services

  • Offshore Wind Turbines

Companies that use MHI Vestas Offshore Wind

Customer profile

Named customers1 record

Segments1 record

Ideal customer profiles1 record

MHI Vestas Offshore Wind technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration1 record

MHI Vestas Offshore Wind partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Vestas Wind SystemscoreStrategic or Co-development PartnerMHI Vestas Offshore Wind is a joint venture between Mitsubishi Heavy Industries (MHI) and Vestas Wind Systems, combining MHI's offshore engineering capabilities with Vestas' wind turbine technology and global market presence for offshore wind applications.

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

MHI Vestas Offshore Wind competitors and assessment

Company assessment

Others

  • Hitachi Energy: Supplier of grid connection and electrical infrastructure for offshore wind farms. Not a turbine competitor, but a key ecosystem participant serving the same offshore wind developer customers and adjacent to MHI Vestas's project delivery value chain.

Emerging players

  • Shanghai Electric Wind Power: Chinese OEM with offshore wind turbine offerings (e.g., 8 MW+ platforms). Competes in the same offshore turbine OEM category and represents the Asian capacity-expansion wave affecting global pricing dynamics.
  • Mingyang Smart Energy: Chinese offshore wind turbine OEM rapidly scaling capacity with competitive pricing. Increasingly relevant as a global offshore wind competitor, particularly in APAC and emerging markets where MHI Vestas is also expanding.
  • CSSC Haizhuang (China State Shipbuilding): Subsidiary of CSSC developing large offshore wind turbines, leveraging shipbuilding heavy-industry capabilities analogous to MHI's contribution to MHI Vestas. Relevant as an emerging offshore OEM with similar industrial-DNA backing.
  • Sinovel Wind Group: One of China's largest wind turbine manufacturers with offshore wind ambitions and historical export presence. Comparable as an offshore-segment OEM serving utility-scale developers.

Direct peers

  • GE Vernova (GE Renewable Energy): Global offshore wind turbine OEM offering 13+ MW platforms (Haliade-X). Directly competes with MHI Vestas for utility-scale offshore orders in Europe, the US, and APAC.
  • Doosan Enerbility: Korean industrial conglomerate developing offshore wind turbine platforms (e.g., 8 MW). Directly comparable as a national-champion offshore OEM targeting utility-scale European and APAC orders.
  • Siemens Gamesa Renewable Energy: Direct offshore wind turbine OEM competitor explicitly named in MHI Vestas's market positioning. Both supply large-scale offshore turbines to European utility-scale wind farm developers and compete for the same flagship projects.
  • Envision Energy: Chinese wind turbine OEM with growing offshore wind ambitions and a focus on integrated digital wind farm solutions. Competes in the offshore OEM segment, particularly for APAC and European utility projects.

Broad incumbents

  • Vestas Wind Systems: Parent company of the JV and the world's largest wind turbine manufacturer overall. Now the parent entity into which MHI Vestas's offshore operations have reportedly been integrated; broader portfolio spans onshore and offshore.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

MHI Vestas Offshore Wind social profiles

Digital presence

MHI Vestas Offshore Wind financial estimates

Financial estimate

Revenue estimate

Valuation estimate

MHI Vestas Offshore Wind leadership team

Management profile

Number of profiles

Profiles1 record

MHI Vestas Offshore Wind funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

MHI Vestas Offshore Wind M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MHI Vestas Offshore Wind

What does MHI Vestas Offshore Wind do?

MHI Vestas Offshore Wind is a joint venture between Mitsubishi Heavy Industries and Vestas Wind Systems that designs, manufactures, and installs offshore wind turbines for large-scale marine wind farm projects. The company supplies utility-scale wind turbine systems engineered for deployment in challenging offshore conditions, along with associated installation and service support for offshore wind farm developers and operators.

Is MHI Vestas Offshore Wind a public or private company?

MHI Vestas Offshore Wind is a private company. It is classified as corporate owned and is currently operating.

When was MHI Vestas Offshore Wind founded?

MHI Vestas Offshore Wind was founded in 2014. It employs 1,001 to 5,000 people.

Where is MHI Vestas Offshore Wind based?

MHI Vestas Offshore Wind is headquartered in Aarhus, Denmark, in the Europe region.

Who are MHI Vestas Offshore Wind's main competitors?

Hitachi Energy is listed as an others. Emerging players are Shanghai Electric Wind Power, Mingyang Smart Energy, CSSC Haizhuang (China State Shipbuilding) and Sinovel Wind Group. Direct peers are GE Vernova (GE Renewable Energy), Doosan Enerbility, Siemens Gamesa Renewable Energy and Envision Energy. Vestas Wind Systems is listed as a broad incumbent.

Does MHI Vestas Offshore Wind have an API?

No public API is recorded for MHI Vestas Offshore Wind.

What industry is MHI Vestas Offshore Wind in?

MHI Vestas Offshore Wind's product category is Wind Turbine Manufacturing. Its primary akta.pro industry code is EUAMACAC, Wind Turbine OEMs & System Integration (Nacelle/Generator/Controls), with a secondary code of EUAMACAG, Wind Turbine Installation & Commissioning (Cranes, Vessels, Jack-ups). Its NAICS code is 333611 and its SIC code is 3510.

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Live signals
openPR.comOffshore Wind Energy Market 2026-2033: Growth Overview, Facts & Figures, Segmentation, Future Trends, and Historical Analysis | MHI Vestas Offshore Wind, Siemens Gamesa Renewable EnergyThe article analyzes the global offshore wind energy market forecast through 2033, highlighting key players such as MHI Vestas Offshore Wind and Siemens Gamesa Renewable Energy. It discusses strategic developments, market segmentation, regional outlooks, and industry trends.LinkedInWind Turbine Yaw Systems Market Size By Type | By Application | Germany | Canada | United KingdomMarket Research Intellect published a report projecting the Wind Turbine Yaw Systems market to grow from $7.04 billion in 2025 to $16.77 billion by 2033, driven by renewable energy expansion in Germany, Canada, and the United Kingdom. The analysis highlights key growth factors such as offshore wind development, technological advancements in smart yaw systems, and supportive government policies in these regions. Major industry players identified in the competitive landscape include Siemens Gamesa, GE Renewable Energy, Vestas, Nordex, and MHI Vestas.CB InsightsMHI Vestas Offshore WindThe article presents a market analysis report on the global offshore wind energy sector, projecting growth from USD 40.61 billion in 2023 to USD 92.99 billion by 2030 with a CAGR of 12.3%. It highlights key technological trends including turbine efficiency, substructure innovations, and grid integration, alongside supportive regulatory frameworks driving adoption. The report identifies major industry players such as MHI Vestas Offshore Wind, Siemens AG, and General Electric as central to this expansion.LogitechMHI Vestas Offshore Wind Adopts Logitech Room Solutions for Microsoft TeamsMHI Vestas Offshore Wind has adopted Logitech Room Solutions for Microsoft Teams to replace non-essential business travel and reduce its carbon footprint. The company deployed 50 meeting rooms with plans to equip all global offices by next year, resulting in over 32,000 scheduled meetings in the first three months.ArcadiaThe most common sizes of wind turbinesAn informational piece explains how wind turbine size affects cost, efficiency and land use, noting turbines occupy about 50 acres per megawatt and weigh over 1,000 tons. It lists common US manufacturers and models, including the Vestas V90, GE 1.5-MW and MHI Vestas V164. It cites a study projecting US onshore turbine heights up 108 meters and offshore capacity averaging 11 megawatts by 2030.HitachienergyABB to deliver 90 transformers to MHI Vestas’ offshore wind farm in the UKABB Power Grids has been selected by MHI Vestas Offshore Wind to supply WindSTAR transformers for the Triton Knoll offshore wind farm, located 33 kilometers off England's east coast. The project will receive 90 wind turbines, with one transformer installed in each. The farm is expected to power up to one million homes.VestasVestas to acquire offshore business in joint ventureVestas and Mitsubishi Heavy Industries signed an agreement for Vestas to acquire MHI's 50 percent stake in the MHI Vestas Offshore Wind joint venture, valued at approximately EUR 709 million, in exchange for 5,049,337 new Vestas shares representing 2.5 percent of the company. MHI will receive a board seat and DKK 1,045 per share. Closing is expected in the fourth quarter of 2020 or first quarter of 2021.VestasMHI Vestas Offshore Wind has received an 860 MW order in the UKMHI Vestas Offshore Wind has received an 860 MW order for offshore wind energy in the UK. The order signifies a significant expansion in the company's project portfolio, enhancing its position in the renewable energy sector. This project aligns with the UK’s commitment to increasing its renewable energy capacity.ForbesWind Turbines That Stand Up To TyphoonsMHI Vestas Offshore Wind is deploying more than 30 V117-4.2 MW typhoon-resistant turbines at Japan's Akita Noshiro Offshore Wind Farm, expected to start operations in 2022, the first commercial-scale offshore wind project in the country. The turbines withstand 57 m/s winds and stop generating above 30 m/s, with blades pitched to reduce speed during typhoon-force winds. Mainland China accounted for over 75 percent of offshore turbine orders in 2019.SpectraMHI Transfers Shareholding in Offshore Wind Turbine JV to Vestas, Acquires Vestas SharesMitsubishi Heavy Industries transferred its 50% shareholding in the MHI Vestas Offshore Wind joint venture to Vestas Wind Systems A/S via MHI Holding Denmark ApS, while simultaneously acquiring about 5 million Vestas shares, or 2.5%. CEO Kentaro Hosomi is expected to be nominated as a Vestas director at the next annual general meeting. MHI is preparing a Japan-based wind turbine JV, planned before March 31, 2021.