|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||20.640 - 20.915|
|52 Week Range||19.120 - 31.080|
|PE Ratio (TTM)||13.58|
|Forward Dividend & Yield||0.51 (2.50%)|
|1y Target Est||N/A|
This article is intended for those of you who are at the beginning of your investing journey and want to start learning about core concepts of fundamental analysis on practicalRead More...
Vestas Wind Systems A/S surged the most in two years after the wind turbine maker announced a 200 million-euro ($227 million) share buyback and said its orders rose. “Order intake was very strong, and profitability was clearly above market expectations,” said James Evans, an analyst at Bloomberg Intelligence. The total backlog was 23 billion euros, an increase of 2.8 billion euros.
According to the American Wind Energy Association, the wind energy sector grew roughly 9% last year, adding over 7,000 megawatts of power generation capacity. In 2017, Iowa, Kansas, Oklahoma and South Dakota produced more than 30% of their energy from wind, while at least 10% of the electricity generated comes from wind power in a total of 14 states. Most of the major players in the sector actually operate their wind energy business as a division or a subsidiary, such as General Electric Company's ( GE) Renewable Energy division.
Danish wind turbine maker Vestas and offshore services firm Maersk Supply Service are teaming up to tackle the cost of transporting and installing ever larger wind turbines. Vestas and fellow Danish company Maersk Supply Service, part of A.P. Moller-Maersk, said on Thursday the initial focus of the partnership would be on developing a new crane to manoeuvre and install mainly onshore but also offshore wind turbines, some of which stand taller than skyscrapers. "The challenge for the industry is that installation and logistics around the turbines become a greater share of the costs," Bo Svoldgaard, Vestas' head of innovation and concepts, told Reuters.
Let’s talk about the popular Vestas Wind Systems A/S (CPH:VWS). The company’s shares received a lot of attention from a substantial price movement on the CPSE over the last fewRead More...
Wind turbine specialist Vestas has entered into a partnership with Swedish utility Vattenfall and Danish pension fund PKA to build a new 353 megawatt (MW) wind energy project in Sweden. Vestas will provide the development with 84 of its V136-4.2 MW turbines, the business said in an announcement Wednesday. "The cost of renewable energy is going down, which is making the market more competitive and creating new opportunities," Anders Runevad, Vestas' president and CEO, said in a statement.
COPENHAGEN (Reuters) - Swedish utility Vattenfall has brought Danish turbine maker Vestas (VWS.CO) and pension fund PKA onboard as shareholders in what will become one of Sweden's largest onshore wind ...
Anders Runevad, chief executive officer at Vestas Wind Systems, discusses company's earnings and outlook. He speaks with Guy Johnson and Matt Miller on “Bloomberg Markets: European Open.” (Source: Bloomberg)...
The world's largest wind turbine maker Vestas is tapping into experience from the car battery industry to try to address the challenge of using erratic wind and solar energy to meet a growing share of power demand. Energy storage is becoming increasingly important as production of renewable energy rises, because the wind might not blow or the sun shine during the peak hours when most consumers turns on their lights and appliances. In order to bring down cost of renewable energy and help grid operators balance intermittent output, Vestas last year said it would work to combine wind, solar and battery storage technology.
The consolidation of both solar and wind in a seamless sequence may prove to be a nice complement to other advances in hybrid renewable energy technology
May.04 -- Anders Runevad, chief executive officer at Vestas Wind Systems, discusses the company's first-quarter results. He speaks on “Bloomberg Markets: European Open.”