132

News

Vestas still global kings of wind energy

Christian Wenande
February 26th, 2018


This article is more than 6 years old.

Danish wind turbine producer fending off strong Spanish competition

Still numero uno (photo: FTI)

Despite enduring a trying year, the Danish wind turbine producer Vestas remains the world’s top supplier of wind turbines for the second year running.

According to the ranking, published today by business advisor FTI Consulting, Vestas finished ahead of Siemens Gamesa, which jumped two spots into second place compared to last year.

Goldwind came in third, followed by General Electric – which dropped two spots compared to last year – and Enercon.

“Vestas has a global presence that other producers envy. They sell wind turbines in all possible markets,” said Jacob Pedersen, an analyst from Sydbank, according to BT tabloid.

“Meanwhile, they have some outstanding products. They won a lot of orders in 2016 and 2017, so is comes as no surprise that Vestas is king of the hill in 2017.”

READ MORE: Market reacts well to steady Vestas results

Spanish bull
The news comes despite the global wind energy market being impacted by changing market conditions last year, which has led to reduced earnings for producers – down 14 percent per MW compared to 2016.

But Vestas can’t afford to rest on its laurels. Siemens Gamesa is making a strong charge to topple Vestas’s position as kings of the wind turbines, and the Spanish company has a strategy to be the world leader by 2020.

Pedersen, though, believes that Vestas will remain the top wind turbine supplier this year as well.


Share

Most popular

Subscribe to our newsletter

Sign up to receive The Daily Post

















Latest Podcast

A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”