Revenue overall at the same level as in second quarter 2020, while EBIT increased. Record high combined order backlog as a consequence of strong order intake and the integration of offshore.Full-year guidance revised. In the second quarter of 2021, Vestas generated...

Orsted from tomorrow through August 22 will light the three wind turbines at its Avedøre power station in the outskirts of Copenhagen in rainbow colours to celebrate two events of the LGBTI+ community. As an official partner of Copenhagen 2021 – WorldPride, EuroGames...

Vestas has downgraded its financial guidance for the 2021 financial year due to supply chain constraints and restrictions in key markets caused by the coronavirus pandemic, as well as cost inflation. Meanwhile, its Ebit before special items nearly tripled in the...

Danish wind turbine manufacturer Vestas Wind Systems has announced it will lay off 220 employees in Denmark and Britain.The move comes as part of the integration of Vestas and MHI Vestas Offshore Wind. Vestas acquired the latter company in December. The...

A high-powered wind power consortium has won EC backing to demonstrate and investigate a combined wind turbine and electrolyser system designed to operate in marine environments.The consortium behind the Oyster project got the backing through the European...

U.S. adoption of offshore wind technology has been slow compared to European counterparts. Europe’s first offshore wind installation, Denmark’s Vindeby, came online in 1991 with a capacity of 4.9 MW. The U.S. National Renewable Energy Laboratory (NREL)...

First national US target for offshore wind energy production set at 12.5GW by 2025 and 25GW by 2030 as Democrats push for change in the final weeks of the presidential election.Democrats have introduced legislation in the House of Representatives that...

Philippe Kavafyan's briefing to industry leaders and specialists, and key EU policymakers at the launch of the WindEurope report highlighted wind power's requirements for engineers, technicians and support staff. “It is the biggest challenge we face," he said. "My job...

Each of the five largest western turbine manufacturers recorded more firm onshore turbine deals in Q3 2020 than in the previous quarter and even in the same period a year ago, according to Windpower Intelligence The apparent recovery of turbine purchasing that began...

Negative power prices have been increasingly common in Europe during the first nine months of the year, with wind-heavy markets especially vulnerable, according to new analysis European countries on average saw negative day-ahead prices 0.8% of the time, which is...