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Wind turbine maker Vestas braces for uncertainty
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.
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.
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.
Trump, Offshore wind power
Trump’s plan to kill offshore wind is paying off
Biden’s goal was to deploy 30 gigawatts of offshore wind energy capacity by 2030, enough to power 10 million homes. The current low for the industry is even worse than in late 2023, when contracts for nearly 10 gigawatts of capacity were canceled or at risk.
The Trump effect: Offshore wind backers blame president for halting projects. Others cheer
New Jersey regulators have declined to award another offshore wind power project in the face of a federal permitting freeze.
Trump executive order forces New Jersey to cancel its first offshore wind farm
President Donald Trump’s executive order banning offshore wind projects has brought New Jersey’s first offshore wind project to a standstill.
1d
on MSN
California Map Shows Wind Gusts Up to 60 Miles Per Hour
California wind advisories are expected to persist through early Wednesday, impacting both coastal and inland communities.
12h
New wind generator installed at coastguard station
A £17,000 wind generator has been installed at a HM Coastguard station in Cornwall and now supplies it with a source of ...
18h
Wind advisory for Interstate 5 Corridor until 3 a.m. Wednesday, according to the NWS
On Tuesday at 4:53 p.m. the NWS Los Angeles/Oxnard CA issued a wind advisory in effect until Wednesday at 3 a.m. for ...
1d
NJ holds off on approving new offshore wind projects after bidders drop out
New Jersey's offshore wind industry continues losing steam as companies drop out and Trump halts federal permitting.
1d
New storm, strong wind on way to Redding after atmospheric river brings heavy rain, floods
More rain is on the way after Redding got 8 inches of rain in three days due to an atmospheric river. Here's a weather update ...
WPBN Traverse City/Cadillac on MSN
3h
Snow to hit Wednesday night, bringing wind and cold through Thursday
The next round of accumulating snow will arrive late Wednesday night into Thursday and will pair up with a period of stronger ...
11h
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 ...
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