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Wind turbine maker Vestas braces for uncertainty
Wind turbine maker Vestas braces for uncertainty after profits beat
Vestas , the world's biggest wind turbine maker, said uncertainty could weigh on performance, but the execution of its record order backlog would boost revenue, and it announced a share buyback as fourth-quarter results beat expectations.
Vestas CEO says wind turbine manufacturer is ‘well positioned’ amid tariff concerns
Vestas CEO Henrik Andersen discusses the wind turbine manufacturer’s latest earnings and the potential impact of U.S. tariffs.
Danish wind turbine giant Vestas records increased Q4 profit for 2024
Danish wind turbine company Vestas Wind Systems on Wednesday reported an increase in its profit for the fourth quarter of 2024 to €598 million ($623 million) from €149 million in the previous year. Its earnings before interest and taxes (EBIT) before special items also climbed to €759 million from €191 million in the previous year.
6h
New wind turbines will test out the world’s longest wooden blades
Two companies are partnering to tackle one of the wind energy industry’s most persistent challenges—and they may set a world ...
6h
What to Know About Trump’s Executive Order on Wind Energy
On his first day in the Oval Office, President Donald Trump signed an executive order that attempts to slow the growth in the ...
28m
on MSN
Wind turbine collapse in western Victoria 'totally unacceptable' , engineer says
A structural engineer says the blades of a wind turbine are designed to last 20 years and is built to withstand winds of at ...
7h
NJ offshore wind industry threatened by economic uncertainty, 2024 presidential election
Can New Jersey's offshore wind industry survive another year of high interest rates, lawsuits and supply chain bottlenecks?
4h
on MSN
Destructive storm brings down wind turbine, prompting safety concerns
A wind turbine has collapsed in Victoria’s west after severe thunderstorms wreaked havoc on the state, prompting calls for a statewide audit amid safety concerns.
18h
Vietnam cuts gas, offshore wind targets in new power plan, draft document shows
Vietnam has lowered its power-production targets for gas and offshore wind this decade, with coal and other renewables ...
3d
on MSN
Investigation starts after wind turbine fire
Fire crews said they were trying to establish the cause of a wind turbine fire at a farm. The blaze broke out at about 10:00 ...
5d
on MSN
Offshore Wind Takes a Blow From Trump's Attacks on Clean Energy
Announcements of cutbacks and changes in leadership this week showed the offshore industry faces "a series of headwinds." ...
12d
Answering your questions about the future of offshore wind and clean energy in Mass.
With President Trump's executive actions, some wind projects off the Massachusetts coast, such as the SouthCoast wind project ...
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