|Bid||567.00 x 0|
|Ask||567.40 x 0|
|Day's Range||558.20 - 568.20|
|52 Week Range||380.00 - 568.20|
|Beta (3Y Monthly)||0.82|
|PE Ratio (TTM)||131.38|
|Earnings Date||May 8, 2019|
|Forward Dividend & Yield||7.44 (1.33%)|
|1y Target Est||497.32|
Anders Runevad, CEO of Vestas Wind Systems, discusses the renewable energy market and the company’s earnings.
With the increasing amount of renewable energy in the system, grid operators must address the challenge of balancing supply and demand from intermittent energy generation. One way of meeting this challenge is to use advanced forecasting tools to provide predictability in renewable energy generation in order to keep the grid stable. In support of Vestas’ efforts to provide forward-looking renewable energy solutions, the Australian Renewable Energy Agency (ARENA) announced today that Vestas was awarded funding to develop a new short-term wind energy forecasting solution for Australia.
With emerging markets looking to renewable energy to fuel their growth, securing competitive financing solutions play a key role in ensuring projects achieve attractive financial returns. With challenges associated with project bankability, the cost of local lending, and risk allocation, innovative financial solutions are a key enabler to unlock projects and drive further renewable energy development around the globe. Recently, Vestas’ Structured Finance function demonstrated its ability to provide customised renewable energy solutions by assisting Vietnamese developer Tan Hoan Cau Joint Stock Corporation (THC) to secure foreign-denominated project funding that made possible the 33 MW Huong Linh 1 Wind Farm in late 2018.
Japanese-Danish joint venture MHI Vestas plans to continue investing in its wind turbine blade manufacturing plant in Britain, despite the country's impending departure from the European Union, its chief executive told Reuters. MHI Vestas, a venture between Denmark's Vestas Wind Systems A/S and Japan's Mitsubishi Heavy Industries, makes wind turbine blades on the Isle of Wight, off the southern English coast. Some 76 percent of the turbine blades made at the site in 2019 will be exported to projects in Europe but Philippe Kavafyan said the company was not worried about the prospect of a hard Brexit which may see export tariffs applied.
Britain plans to generate a third of its electricity from offshore wind farms by 2030 and boost the value of exports of offshore wind services and equipment to 2.6 billion pounds a year, the government said on Thursday. Britain, which aims to lift industrial productivity as it leaves the European Union, is the world's biggest offshore wind market with almost 40 percent of global capacity. On and offshore wind turbines met 17 percent of UK power needs in 2018.
News release from Vestas-American Wind TechnologyPortland, 5 March 2019 Vestas has received a 224 MW order in the USA for V110-2.0 MW turbines. The order includes.
Vestas has received a 214 MW order from the leading Australian utility Alinta Energy for the Yandin Wind Farm in Western Australia. Vestas will also construct the entire project through an engineering, procurement and construction (EPC) agreement. With a very competitive cost of energy, the Yandin project demonstrates Alinta’s determination to make energy more affordable and sustainable for its customers.
News release from Vestas Wind Systems A/SAarhus, 28 February 2019 As part of its efforts to offer innovative solutions to meet customer needs,.
Vestas Wind Systems A/S, Aarhus, 27 February 2019 To the shareholders of Vestas Wind Systems A/S Pursuant to article 4 of the.
Key indexes eked out weekly gains. The S&P BSE Sensex dropped 0.1 percent to 35,871.48 at the 3:30 p.m. close in Mumbai, swinging at least 18 times between gains and losses, snapping a two-day rally. The NSE Nifty 50 Index rose less than 0.1 percent and both the gauges capped their third week of gains in four.
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A French wind power tender has attracted interest from a slew of international energy heavyweights, signalling that France's offshore wind industry could finally be taking off after years of missteps. While Britain and Germany have already built 8,200 and 6,400 megawatts (MW) of offshore wind capacity - enough to power millions of homes - France does not have a single turbine in the water. In two previous French tenders, in 2012 and 2014, a bumper 3,000 MW of capacity worth 11 billion euros (9.7 billion pounds) was awarded, but the projects have not materialised because of public opposition and contract wrangles.
Vestas Wind Systems A/S, Aarhus, 7 February 2019 Company announcement No. 03/2019 Summary: For full year 2018, revenue amounted to EUR 10.1bn, the EBIT margin.
Energy stocks can be painfully cyclical and subject to big commodity price swings, but here are three we really like right now -- including one great "buy on the dip" opportunity.
Wind turbine maker Siemens Gamesa forecast better profitability and said prices were stabilising on Tuesday, sending its shares as much as 9 percent higher. The company formed by a merger between Spain's Gamesa and the wind power business of Siemens stuck to its guidance for an earnings before interest and tax (EBIT) margin of 7 to 8.5 percent for the full year. Chief Executive Marcus Tacke told analysts on a conference call he expects a stronger second half to the year, after the company said its EBIT margin for the October-December quarter fell to 6.1 percent from 6.3 percent.
Investors looking for stocks with high market liquidity and little debt on the balance sheet should consider Vestas Wind Systems A/S (CPH:VWS). With a market valuation of ø102b, VWS is Read More...
News release from Vestas Northern and Central EuropeHamburg, 25 January 2019 Vestas has secured an order for a 99 MW wind project from a joint venture between Rusnano and.
Vestas has been at the frontier of wind energy for 40 years, introducing market-leading wind energy solutions that have driven the down cost of energy and taken wind energy from niche to mainstream. Today, Vestas introduces the EnVentus wind turbine platform, which represents another significant step forward in the continuous efforts to lower the levelised cost of energy and accelerate the global transition to a more sustainable energy mix.
News release from Vestas ChinaBeijing, 11 January 2019 Leveraging its high tower solution, Vestas has secured a 101 MW order in China for 46 V120-2.2 MW turbines that.
The Board of Directors of Vestas Wind Systems A/S is pleased to announce that Mrs. Helle Thorning-Schmidt has agreed to be nominated as a member of the Vestas Board of Directors for election at the Annual General Meeting on 3 April 2019. The election of Helle Thorning-Schmidt will follow Vestas’ standard rules for election of new members to the Board, ref. In Helle Thorning-Schmidt, Vestas has found a strong candidate who has the core competencies for the work of the Board and with her experience can support Vestas becoming the global leader in sustainable energy.
Vestas Wind Systems A/S, Aarhus, 9 January 2019Company announcement No. 01/2019 Based on preliminary reporting, Vestas upgrades the expectations for the 2018.