The wind turbine producer has followed investments in Northvolt and Sowitec with the establishment of its own corporate venture capital unit.
Denmark-headquartered wind turbine manufacturer Vestas launched a corporate venturing unit called Vestas Ventures on Wednesday to invest in sustainable energy technology.
Founded in 1945 as a household appliances producer, Vestas provides turbines for onshore and offshore wind farms and has more than 122 GW of capacity currently operating around the world.
Vestas Ventures will target early-stage developers of renewable energy and energy storage technology in addition to products that can help decarbonise heavy transport and advanced materials that can improve…
