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Vestas Wind Systems AS

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  • Wednesday, 30 August, 2023
    News in-depthWind power
    Wind power industry faces size problem as blades get longer than football pitches

    Race for bigger turbines has prompted experts to urge growth slowdown and greater standardisation

    A man works on rotor engine of a wind turbine
  • Wednesday, 9 August, 2023
    Vestas warns over lack of approvals for new wind farms

    Danish turbine maker says supply chain problems will take months to clear as it returns to a quarterly loss

    A Vestas wind turbine in Gujarat, India
  • Wednesday, 12 April, 2023
    Finnish client sues Vestas over terminated Russian turbine contract

    Fortum alleges Danish windpower company failed to return advance payment on project cancelled over sanctions

    Vestas turbine blades
  • Sunday, 29 January, 2023
    Wind power
    Europe’s wind industry flags further weakness in 2023 despite energy demand

    Profits crunched as materials costs surge and new projects are delayed by EU bureaucracy

    A worker secures a harness to a wind turbine manufactured by Vestas
  • Wednesday, 2 November, 2022
    Energy cost curbs are impeding Europe’s renewables rollout, Vestas warns

    Wind turbine maker bemoans pricing uncertainty as it cuts full-year earnings guidance

    A Vestas wind turbine in Denmark
  • Tuesday, 11 October, 2022
    Renewable energy
    European wind industry ‘struggling’ with rising costs

    Manufacturers cut jobs as supply chain woes and higher prices for key materials bite

    A wind turbine
  • Monday, 15 August, 2022
    Renewable energy
    Slow wind farm approvals risk green goals, say renewable energy groups

    Vestas and Ørsted criticise convoluted planning process despite rhetoric on climate change and energy security

    Orsted wind turbines sited off shore
  • Wednesday, 10 August, 2022
    Vestas hails US clean energy subsidies as breakthrough

    Wind turbine manufacturer says forthcoming bill will accelerate renewables industry for next decade

    A Vestas wind turbine
  • Monday, 2 May, 2022
    Vestas warns war in Ukraine will add to wind industry slowdown

    Danish turbine maker cuts profit guidance as it posts larger-than-forecast loss in first quarter

    A Vestas wind turbine
  • Thursday, 17 February, 2022
    News in-depthClimate Capital
    Wind groups wrestle with ‘perfect storm’ of supply woes and rising material costs

    Turbine makers lose tens of billions in value and seek more support to meet global climate goals

    An employee walks past a wind turbine blade being manufactured at the Siemens Gamesa blade factory in Hull, UK
  • Wednesday, 26 January, 2022
    Lex
    Vestas/hedge funds: only ESG sceptics have tailwinds short term Premium content

    In the medium to long term, carbon transition will remain an inexorable force

    Vestas wind turbines in the sea
  • Wednesday, 26 January, 2022
    Vestas warns of further turbulence for wind turbine makers

    Danish manufacturer blames supply chain problems and higher costs for gloomy 2022 outlook

    Wind turbines
  • Wednesday, 3 November, 2021
    Renewable energy
    Vestas and Orsted warn of tough times for renewable energy

    Sector hit by low wind speeds, supply chain blockages and higher raw material prices

    An offshore wind farm off the coast of Blackpool
  • Wednesday, 11 August, 2021
    Lex
    Wind farms/Vestas: cost inflation is temporary blow Premium content

    Turbine maker has had a run of bad luck but there is reason for optimism

    Turbines in the sea
  • Wednesday, 11 August, 2021
    Vestas cuts outlook as commodity prices squeeze margins

    Wind turbine sector hit by higher costs and supply chain constraints

    A worker exits the tower of a wind turbine manufactured by Vestas Wind Systems
  • Monday, 10 May, 2021
    Renewable energy
    Wind groups fall back from giddy heights

    Market leaders Vestas, Orsted and Siemens Gamesa suffer tough start to year after stellar 2020

    The sun rises behind power poles and a wind turbine
  • Wednesday, 5 May, 2021
    LexRenewable energy
    Wind turbines: market sees through a stormy period Premium content

    Vestas and Siemens Gamesa have held on to their profitability outlooks

    Vestas wind turbine
  • Wednesday, 10 February, 2021
    Vestas to build world’s biggest wind turbines at 260m tall

    Danish group seeks to lower sector’s costs to remain competitive with rival renewable technologies

  • Monday, 21 December, 2020
    Renewable energy
    Vestas invests €500m in new wind farm partnership

    Tie-up with fund manager expands turbine maker’s push into project development

  • Wednesday, 4 November, 2020
    LexRenewable energy
    Vestas: goin’ with the wind Premium content

    Danish turbine maker’s third-quarter results missed targets

  • Tuesday, 11 August, 2020
    Vestas signals concerns over border restrictions

    Turbine maker raises revenues but lowers profit guidance as pandemic adds to costs

    Many countries have travel exemptions for workers in critical infrastructure – including wind farms – but these workers often still have to undergo a 14-day quarantine
  • Wednesday, 5 February, 2020
    Vestas ends 2019 with record number of orders

    Chief of wind turbine maker hails ‘mega trend’ towards renewable energy 

    An employee checks a cable on the nacelle of a Vestas A/S V136 wind turbine during operational testing at the Danish National Test Center for Large Wind Turbines in Osterild, Denmark, on Monday, April 18, 2016. "The doubling of turbine size this decade will allow wind farms in 2020 to use half the number of turbines compared to 2010," said Tom Harries, an industry analyst at Bloomberg New Energy Finance. Photographer: Chris Ratcliffe/Bloomberg
  • Wednesday, 8 May, 2019
    Vestas reports lowest quarterly profit in 5 years

    World’s biggest maker of wind turbines hit by US trade tariffs

    A firefighter of a high angle rope rescue team from the northeastern German town of Rostock lets himself down on a rope with a stretcher on a wind turbine by Danish servicer Vestas during an exercise at the UKA wind park near Parchim, northern Germany on September 10, 2014. AFP PHOTO / DPA / JENS BÜTTNER +++ GERMANY OUT / AFP PHOTO / DPA / JENS BUTTNER
  • Friday, 28 September, 2018
    European companies
    Vestas to lay off 400 workers in Europe

    Danish wind turbine maker wants to focus on faster-growing markets elsewhere

    Wind turbines seen at Dun Law Wind Farm near Lauder in the Scottish Borders, Saturday, September 17, 2005. Photographer: Mike Wilkinson/Bloomberg News.
  • Friday, 4 May, 2018
    Energy sector
    Competition drags on wind turbine maker profits
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