News and in-depth analysis of wind power, wind farms and wind industry companies and policy in China.
UNITES STATES: Anti-renewables legislation being proposed in many states is hampering the growth of wind energy across the US, according to researchers and wind industry officials.
DENMARK: In this year's Q1 figures, Vestas announced Q1 revenues of EUR 1.096 billion, a 1% decrease on the same period in 2012. However, for Vestas CEO Ditlev Engel this is far preferable to last year's Q1 announcements of a EUR 162 million loss, a postponement of the development of the V164 8MW offshore turbine and the problems with 376 V90 gearboxes.
UK: Scotland has been warned that plans for independence could damage its renewable energy market, with the rest of the UK potentially sourcing its electricity elsewhere.
WORLDWIDE: Over the last year Vestas has been engaged in a substantial restructuring programme to cut costs and overcapacity.
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CHINA: The Chinese wind-power market faces a tough year as the industry gets to grips with new government requirements. Though growth slowed in 2011, the market still performed very strongly, with over 15GW of newly installed capacity. Industry officials expect the wind industry to continue to lead the world in growth in 2012 as the government counts on the technology to raise the nation's consumption of renewable energy.