Berwick Bank delays are hurting Scottish supply chain
Delays in approving the mammoth Berwick Bank offshore wind farm are putting potentially billions of pounds of investment and thousands of jobs at risk, a business group has warned.
Vestas
Wind turbine maker cuts hundreds of jobs on Isle of Wight
Wind turbine maker Vestas (CPH:VWS) has said 600 workers at its Isle of Wight factory are at risk of redundancy.
Power Moves: NSMP’s CEO steps down and more
Sayma Cox has stepped down as CEO of Aberdeen-based North Sea Midstream Partners (NSMP).
Wind decommissioning – taking the circularity route
Decommissioning is a brutal piece of terminology as it basically means removing something from service; rendering it permanently unusable; putting it totally out of reach. No matter how.
Vattenfall turns decommissioned wind turbine into tiny house
Swedish firm Vattenfall has unveiled a concept design which could see old wind turbines repurposed as a 'tiny house' in future.
Inch Cape offshore wind project firms up turbine deal with Vestas
The developers of the Inch Cape offshore wind farm have signed a conditional deal with Vestas (CPH:VWS) to supply turbines for the project.
World first in-situ generator swap at Kincardine floating wind farm
A generator swap at the Kincardine floating offshore wind farm off the coast of Aberdeen has been hailed as a "world-first" for the industry.
Vestas turbine sales surge even as wage costs hit profit
Vestas Wind Systems A/S (CPH:VWS) sought to reassure investors as it reported a surge in wind turbine orders, two days after issuing a profit warning related to a different part of its business.
Vestas confirms plans for wind turbine blade factory in Scotland
Vestas (CPH:VWS) has confirmed plans for a new wind turbine blade factory in Scotland, submitting planning documents with Edinburgh City Council.
Vestas CEO says $217 billion wind industry has yet to reach ‘maturity’
Henrik Andersen is no stranger to crisis. A decade ago turbine maker Vestas Wind Systems A/S (CPH:VWS) was in trouble when governments pulled back subsidies for renewable power.
Vestas seeks to hold onto higher wind power prices
One of the world’s biggest wind turbine makers wants to hold onto recent price gains — rather than pass on savings — as it bids to bolster earnings.
China’s wind turbine makers extend dominance as Vestas, GE slip
China’s wind turbine manufacturers dominated global supply last year, riding the nation’s renewables installation boom as a contraction in the US and meager growth in Europe dented overseas competitors.
Vestas outlook is improving for this year as crisis abates
Vestas Wind Systems A/S (CPH:VWS) expects earnings to improve further this year after returning to profitability in 2023 as the Danish company turns the page on an industry-wide crisis that slowed the development of projects.
Wind turbine manufacturer Vestas coming to Scotland, says energy minister
Vestas, the wind turbine manufacturing giant, is coming to the Port of Leith according to Scotland's energy minister.
Europe is getting even greener wind turbines made with old steel
A new Baltic Sea wind farm that will power more than 1.5 million Polish homes is getting turbines made with greener steel that will cut their carbon footprint.
Vestas will make its biggest-ever wind turbine blade in Poland, hints at UK plant
Vestas is still considering building an additional factory in the UK, potentially in Scotland, to help serve the UK market.
Bigger and always better? For wind turbines, Europe is saying no
“There’s a twofold question for wind turbines of a larger nameplate capacity. Can they be installed? And what is a long-term sustainable market?”
RWE picks up Norfolk Offshore Wind Zone from Vattenfall
RWE is set to acquire the UK Norfolk Offshore Wind Zone portfolio, which represents a potential 4.2 gigawatt in production, from Vattenfall.
Vattenfall and Vestas strike UK wind deal following CfD price overhaul
Vattenfall has signed a deal with Vestas for three UK wind projects following changes to the country's Contracts for Difference (CfD) auction round.
Europe’s battered wind sector starts to find hope in year of crisis
The crisis engulfing Europe’s wind industry is proving to be a wake-up call: things have to change radically to make progress on what’s a key part of the climate transition.
Vestas hones in on Scotland for new wind turbine factory
“The North Sea is probably the most attractive area in the world for offshore wind,” Vestas CEO Henrik Andersen said.
Danish wind turbine manufacturer Vestas returns to profitability in Q3 results
Danish wind turbine manufacturer Vestas (DKK: VWS) has announced a return to profitability as it released its 2023 third quarter results.
China leaves everyone behind in race for renewables income
“Shifting business models toward greener activities is about more than being virtuous for the sake of the planet,” says BNEF’s Michael Daly. “There’s a huge financial opportunity for companies that help drive the energy transition.”
Vestas CEO warns wind supply chain disruptions are likely to continue
Henrik Andersen says the first six months of 2023 “also highlighted” that permitting and regulatory uncertainty remain a key barrier to accelerating the energy transition.
Vestas wins 49 turbine order for Scottish wind farm
Danish turbine manufacturer Vestas will supply units for an onshore wind farm in the south of Scotland.