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Tag Archives: Vestas

Renewable energy players undaunted

BANGKOK – Even though the price of oil has fallen some 50 per cent from last year’s levels, renewable-energy developers have continued being bullish about the competitiveness of wind and solar power against fossil fuels. Christopher Beaufait, group senior vice president and president for Asia-Pacific and China of Vestas, a wind-turbine company, told the Wharton Global Forum in Bangkok yesterday ...

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Vestas Wind Systems announces big order

Denmark-based Vestas Wind Systems, who has four manufacturing plants in Colorado, has announced an order for 200 new wind turbines to be constructed in Minnesota and Texas, according to the Denver Business Journal. The announcement was made on Friday. Of the 200 V110-2.0 model wind turbines, 100 of them will be built for the Odell Wind Farm LLC in southern ...

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Offshore wind industry races to cut costs as subsidies drop

OFF THE COAST OF HELIGOLAND, Germany, Nov 14 – As European governments start to curb offshore renewable power subsidies, utilities, wind turbine makers and installers are racing to cut costs to help the industry survive. Britain, Germany and the Netherlands, wary of committing billions of euros when budgets are tight, have announced subsidy cuts in the past 18 months – ...

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