Danish wind turbine manufacturer Vestas has moved to reduce costs by turning to outsource key

The move to reduce costs comes after Vestas was hit by government cuts to renewable energy subsidies, resulting in reduced profits and two years of losses.

The manufacturer has sold manufacturing units to German based group VTC Partners GmbH, with around 1,000 staff transferring under the deal to the new owners, and has completed multiple factory closures over recent years in a bid to reduce losses.

The outsourcing programme, which will cover manufacturing and casting process, is expected to deliver significant savings, with around €30 million saved over a two year period.

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