MHI Vestas announced this week that it will provide its 9.5 megawatt (MW) wind turbines to the 224 MW Northwester 2 offshore wind farm set to be developed in Belgian waters, making it the first time the record-setting 9.5 MW wind turbine will be installed and operational anywhere in the world.
Siemens AG again topped out the latest update of the Carbon Clean 200 list of the 200 largest publicly traded companies in the world making significant revenue from clean energy, and China continues to have far and away the most companies on the list, as clean energy stocks generated returns almost double that of fossil fuel stocks.
Danish wind turbine manufacturer Vestas announced its full-year 2017 financial earnings on Wednesday, and if the company didn’t have a spectacular year, it nevertheless was able to report a steady year despite the growing competition inherent in the wind industry at the moment.
Vestas Wind Systems announced Monday that it has secured its first wind turbine order in Kazakhstan, from one of the country’s leading renewable energy developers, CAPEC Green Energy, for the 52 megawatt Astana wind project.
A total of 11,570.9 megawatts worth of wind turbine orders were announced through the first half of 2017, a nearly 2 gigawatt decline on the same time a year ago and over 3 gigawatts on the second half of 2016, and was led once again by Vestas.
Vestas Wind Systems A/S announced on Wednesday that it had entered into a binding framework agreement with OOO Fortum Energy on the back of Russia’s first wind energy auction held earlier this year.
Leading wind turbine manufacturer Vestas has seen its shares plummet nearly 20% on the back of a poor third quarter financial report which saw revenue and earnings decrease and the company cut its 2017 profit margin guidance.
Vestas Wind Systems A/S announced a flurry of wind turbine orders to mark the end of the third quarter last week, with orders from the United States, India, Europe, and Latin America totaling 463 MW.
Danish wind turbine manufacturer Vestas Wind Systems A/S reported lackluster second quarter financial earnings this week, with revenue, earnings, and free cash flow all declining compared to a year ago, and 2017 guidance remaining in place, causing shares to tumble in early trading.
Two parallel announcements have given shape to the planned 424 MW Reynosa III Wind Park set to be developed in Mexico, with wind turbines supplied by Vestas and financing from Mexico’s state-owned development banks.
