- Category: Publishers Note
Mixed financial results for wind turbine manufacturers in first half of 2024
The financial performance of wind turbine manufacturers in the first half of 2024 reveals varied results across the sector. Vestas reported a mixed financial outlook for 2024. The company narrowed its revenue expectations to € 16.5–17.5 billion, with EBIT margin expectations adjusted downward to 4 to 5%. This revision is primarily due to increased costs in the service segment.
- Category: Publishers Note
Traditional oil and gas companies backing out of wind energy
In recent developments, big oil and gas companies such as bp and Shell are stepping back from their investments in offshore wind energy. This shift is driven by a mix of financial, strategic and market reasons, marking a significant change in their approach to renewable energy.
- Category: Publishers Note
- Category: Publishers Note
- Category: Publishers Note
- Category: Publishers Note
- Category: Publishers Note
Windtech International wants to make your visit to our website as pleasant as possible. That is why we place cookies on your computer that remember your preferences. With anonymous information about your site use you also help us to improve the website. Of course we will ask for your permission first. Click Accept to use all functions of the Windtech International website.