Following the announcement by Vestas Wind Systems A/S, on its first quarter 2019 results, Mohit Prasad, Power Analyst at GlobalData, a leading data and analytics company, offers his view : "Vestas Wind Systems A/S reported revenue of €1,730m, an increase of two percent on year on year basis. The order intake of firm and unconditional wind turbine orders amounted to 3,004 MW in the first quarter of 2019. As of Mar 31, 2019, the company reported an order intake of more than 3 GW in the first quarter leading to a combined order backlog of more than €28bn, up by 31% on year on year basis, which is at an all-time high level. "With the focus growing more on multi MW segment and offshore wind market, Vestas witnessed an increase in average selling price of order intake - €0.81/MW against €0.73/MW on year-on-year basis. This was mainly driven through the turbine type and the geography and the focus on offshore market will further increase the average selling price.