Global commissioning of wind turbines reached 99.2GW in 2021, moving ever-closer to a 100-gigawatt year. Offshore wind additions surged 161% year-on-year London and New York : The wind industry posted another record for new commissioned capacity in 2021, as total additions fell just short of 100 gigawatts for the second year in a row, according […]
Vestas secures 86 MW order with PCR in Argentina – EQ Mag Pro
Vestas has secured an 86 MW order with Petroquímica Comodoro Rivadavia S.A. (PCR), for two projects in Argentina: Mataco III and Vivoratá, nearby Bahia Blanca and Mar del Plata cities respectively in the Province of Buenos Aires. “We are pleased to work with PCR once more, reinforcing both companies’ interest to accelerate the energy transition […]
Vestas wins 194 MW in Brazil – EQ Mag Pro
Vestas has received an order for a project in Brazil that includes supply of 43 V150-4.5 MW turbines as well as a 5-year Active Output Management 5000 (AOM 5000) service agreement. Deliveries and commissioning are planned for 2024. Customer and project names are undisclosed at the customer’s request. With this order Vestas surpasses 6.5 GW […]
Vestas, SSE Renewables Seek Viking Apprentices
Vestas has teamed up with the developer of the 443MW Viking wind farm, SSE Renewables, to offer four people the opportunity to join their apprenticeship programme. The successful candidates would learn the skills needed to become wind turbine technicians and ultimately have the opportunity to work at Viking, on the Shetland Isles in Scotland, when […]
Vestas’ Giant Turbine Picked For Germany’s First Subsidy-Free Offshore Wind Farm
Colossal turbines, which will dwarf many skyscrapers, are key for the offshore wind industry to remain profitable after countries phase out subsidies that have defined the green industry since the 1990s. Vestas said on Friday that EnBW had picked its new turbine, which will be the world’s biggest, as the preferred option for the 900 […]
Wind turbine maker Vestas cuts 220 jobs in Denmark and Britain
This follows the Danish company’s October announcement that it would take full ownership of its joint venture with Mitsubishi Heavy Industries in an $838 million deal to accelerate growth in offshore wind COPENHAGEN: Wind turbine maker Vestas said on Thursday it will lay off 220 employees, primarily in Denmark and Britain, as part of the […]
Vestas Takes €500M Stake in Copenhagen Infrastructure Partners
World’s largest wind turbine maker gets exposure to more renewable projects; CIP plans a new power-to-X fund. Vestas, the world’s largest maker of wind turbines, has taken a 25 percent stake in the renewable asset manager Copenhagen Infrastructure Partners (CIP). The €500 million ($612 million) deal will include an upfront payment of €180 million, followed […]
OPINION: Vestas wind blows holes in BP’s green ambition
The comparison is relevant. Vestas floated in Copenhagen in 1998, just as the Kyoto Protocol was crystallising global concerns about climate change. BP’s corporate greening was a direct response LONDON: Vestas Wind Systems is showing BP what a missed boat looks like. Soaring demand for renewable energy has propelled the Danish wind turbine maker’s market […]
Wind power firms call for nations to maintain green momentum amid pandemic
Some governments have set themselves goals of reaching net zero emissions by 2050 or sooner, as pressure to act against climate change grows LONDON: Wind power companies have called on governments to ensure efforts to encourage low-carbon energy are maintained amid the economic fallout from the coronavirus pandemic, according to a statement seen by Reuters. […]
Wind turbine maker Vestas falls to first-quarter operating loss
The Danish firm reported an operating loss before special items of 54 million euros ($58.9 million) versus the 91 million operating profit forecast by analysts COPENHAGEN: The world’s largest wind turbine maker Vestas on Tuesday posted an unexpected first-quarter operating loss despite strong sales and a booming order book. The Danish firm reported an operating […]