|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||33.60 - 34.36|
|52 Week Range||22.50 - 35.57|
|Beta (5Y Monthly)||0.75|
|PE Ratio (TTM)||23.84|
|Forward Dividend & Yield||0.39 (1.14%)|
|Ex-Dividend Date||Apr 13, 2020|
|1y Target Est||N/A|
Wind power companies have called on governments to ensure efforts to encourage low-carbon energy are maintained amid the economic fallout from the coronavirus pandemic, according to a statement seen by Reuters. The wind energy sector called on them to keep up their climate commitments in the statement. It was signed by companies including Vestas, Iberdrola, Orsted , Mingyang Group, Nordex and Siemens Gamesa Renewable Energy, and industry groups such as Global Wind Energy Council.
May.05 -- Henrik Andersen, chief executive officer at Vestas Wind Systems, discusses the impact of coronavirus on the business, the demand outlook for his products and his business strategy. He speaks on “Bloomberg Markets: European Open.”
Vestas Wind Systems said its suspending guidance but still plans to go ahead with a proposed dividend payment. It said preliminary numbers indicate that the results for first quarter are in line with expectations, and while achieving the 2020 outlook is still "realistic" there is no longer adequate visibility.
The decline in oil prices has dragged down alternative energy investments in the short term. But the “long-term story” is still attractive, investors say.
When Vestas Wind Systems A/S (CPSE:VWS) released its most recent earnings update (31 December 2019), I compared it...
Annual wind generation in the United States totals 300 million megawatt-hours (MWh) in 2019, exceeding hydroelectric generation by 26 million MWh.
Google's plans to buy a 12.5% stake in Africa's largest wind farm have been canceled after delays to the project, Danish wind turbine maker Vestas said on Monday. The 310 megawatt (MW) Lake Turkana wind farm in Kenya was initially set for completion 2017, after which Google had committed to buy the stake from Vestas. "Due to delays relating primarily to the transmission line, the Vestas agreement with Google was canceled in 2019," a Vestas spokesman told Reuters, adding that it was in talks with other potential buyers of the stake.
Google's plans to buy a 12.5% stake in Africa's largest wind farm have been canceled after delays to the project, Danish wind turbine maker Vestas said on Monday. The 310 megawatt (MW) Lake Turkana wind farm in Kenya was initially set for completion 2017, after which Google had committed to buy the stake from Vestas.
Investors in Vestas Wind Systems A/S (CPH:VWS) had a good week, as its shares rose 6.5% to close at ø716 following the...
Dividend paying stocks like Vestas Wind Systems A/S (CPH:VWS) tend to be popular with investors, and for good reason...
Germany saw a sharp fall in the number of new onshore wind turbines installed last year, industry groups said on Tuesday, urging the government to do more to boost numbers this year. Wind power is one of the most important drivers of Germany's transition to renewable energy and a related target for green energy to reach 65% of electricity production by 2030 will be missed at the current rate of turbine growth, engineering group VDMA and wind energy association BWE said. "The industry estimates that, given that power demand is growing, an expansion (of onshore wind) by 5,000 MW per year is essential in order to reach the 65% target by 2030," they said in a joint statement.
A total of 18.5 gigawatts of wind capacity is scheduled to come online by the end of 2020. Expiration of PTC at the end of 2020 seems to be the primary driver of this wind capacity addition.
Wind turbine maker Vestas' <VWS.CO> sales, orders and profit surpassed analysts expectations in the third quarter as the Danish firm enjoys one of its busiest periods on record, lifting its shares nearly 11 percent on Thursday. Demand for renewable power sources has been growing in tandem with global efforts to combat climate change, boosting both Vestas' orders for new turbines and its service business, where it now maintains roughly 43,000 turbines. "The industry we're representing is on very very high demand with all the focus on the environment and we see a strong message from most governments," Chief Financial Officer Marika Fredriksson told Reuters.
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Ride Report partners with operators like Lime and Bird, offering cities customized reporting on the number and location of vehicles and trips, how long they're sitting idle and where and other information. The company's latest offering is a new audit and certification tool that lets metro areas know which scooter operators meet data sharing and performance standards, thereby giving cities a filter for selecting high quality operators. Ride Report now works with more than 30 municipalities and 10 operators and is growing its services following a $3.4 million fund raise last spring.
In March 2019, Vestas Wind Systems A/S (CPH:VWS) announced its earnings update. Overall, the consensus outlook from...
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...
The United States holds power potential of more than 2,000 gigawatts (GW), nearly double the nation's current electricity use. This sets the stage for construction of more offshore wind farms in the nation.