MHI Vestas Offshore Wind
- Company typePrivate
- Founded2014
- HeadquartersAarhus, Denmark
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
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
Where MHI Vestas Offshore Wind is headquartered
LocationHeadquarters
- 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 offeringCore 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 profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
MHI Vestas Offshore Wind technology and API
TechnologyTechnology 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 signalPartnerships
One partnership is on record.
- Vestas Wind SystemscoreMHI 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 assessmentOthers
- 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 presenceMHI Vestas Offshore Wind financial estimates
Financial estimateRevenue estimate
Valuation estimate
MHI Vestas Offshore Wind leadership team
Management profileNumber of profiles
Profiles1 record
MHI Vestas Offshore Wind funding detail
Funding detailFunding 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 investmentM&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.