"Vestas' total installed wind power makes up nearly 12% of the global wind power generation"

Globally, about 34.81 billion (Bn) tonnes (t) of CO₂ emissions were released into the environment in 2020¹. Climate change is one of the biggest environmental problems that occur worldwide². About 800 million (M) people are presently in danger due to climate impacts such as droughts, floods, heatwaves, and extreme weather changes, which have wreaked havoc on ecosystems³. One way to reduce global CO₂ emissions is the use of wind power⁴. In 2020, about 1,081GW of wind power generated worldwide avoided 1.6 BntCO₂e, expected to prevent 3.2 BntCO2e in 2030^5;p2.

Vestas Wind Systems engages in the designs, manufacturing, installs, and services of wind turbines worldwide⁶,^7;p10. In 2020, the company had a global dominant market share of 14.8% in the wind turbine market⁸. That same year, the company delivered 17.1GW of wind power solutions to 40 countries, of which 8.9GW was delivered to 9 countries in the Americas, 5.3GW to 23 countries in Europe, the Middle East, and Africa, and 2.9GW to 8 countries in the Asia-Pacific region ^7;p30. Also, Vestas delivered 117GW of power services in 72 countries^7;p36. Cumulatively, in 2020, the company had installed 129GW of wind power and avoided 186MtCO₂e^7;p5. Between 1981-2020, Vestas' power solutions have prevented 1.5 BntCO₂e from entering the atmosphere^7;p20.

Vestas' total installed wind capacity makes up nearly 12% of global wind power.

For comparison, Goldwind, with a market share of 12.4%⁸, is one of the competitors of Vestas. Goldwind delivered 12.9GW of wind power solutions in 2020- avoiding 19MtCO₂e (assuming 1GW avoids 1.5MtCO₂e^5;p2) ^9;p21. Vestas' avoided emissions are nine times Goldwind's avoided emissions compared to their 2020 baseline.

Vestas' power solutions save a significant amount of CO₂ and prevent it from entering the atmosphere, minimizing climate change.

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