Renewable energy is expanding at an accelerated pace! The share of electricity generation reached a record high of 30% in 2023
As renewable energy sources such as wind energy and solar energy continue to expand at a pace that far exceeds traditional fossil fuels such as coal, the share of renewable energy in the global electricity scale rose to a record 30% last year.
Denmark's Vestas Secures Wind Turbine Order in Spain
Vestas Wind Systems (VWS.CO,VWSYF.US) received a 51-megawatt order from renewable energy company Enhol to supply wind turbines for the planned Cascante wind park in Navarra, Spain, according to a Tuesday release.
Vestas Wind GAAP EPS of €0.10, Revenue of €15.38B; Initiates FY24 Outlook
Vestas Posts Improving Outlook for This Year as Crisis Abates
Vestas Wind Systems A/S expects earnings to improve further this year after returning to profitability in 2023 as the Danish company turns the page on an industrywide crisis that slowed the development of projects.
Vestas Wind Systems to Deliver 30 Turbines to US Wind Project
Vestas Wind Systems (VWS.CO) agreed to supply and commission 30 wind turbines for an undisclosed wind project in the US, according to a filing on Dec. 30, 2023.
Vestas Wind Systems Secures Turbine Order for SunZia Project in US
Vestas Wind Systems (VWS.CO) said Wednesday it received an order worth 1.1 gigawatts from Pattern Energy for a wind project in New Mexico, US.
Vestas Lands Contract for 41 Wind Turbines in Australia
Vestas Wind Systems (VWS.CO) will supply 41 wind turbines for an undisclosed wind project in Australia, according to a Tuesday release.
Vestas Wind Systems Books Order for Wind Turbines Delivery in US
Vestas Wind Systems (VWS.CO) secured an order for wind turbines with a combined capacity of 945 megawatts to be delivered in the US, according to a Dec. 23 release.
Vestas Wind GAAP EPS of -€0.60, Revenue of €4.35B; Updates FY23 Outlook
Danish wind power giant Vestas (VWSYF.US) reconsiders expansion plans in the UK after failed bid
The Danish wind power giant is reconsidering expanding in the UK after a failed auction.
Vestas Rallies After Swinging to Q1 Profit, Backing Full-year Guidance
Vestas Wind GAAP EPS of -€0.60, revenue of €2.49B
Vestas Wind press release (OTCPK:VWDRY): Q1 GAAP EPS of -€0.60.Revenue of €2.49B (+27.0% Y/Y).Revenue for FY2022 is now expected to range between €14.5B and €16B (previously €15B-€16.5B) including S
Vestas Wind Systems: Time To Buy
Some days ago, Vestas Wind Systems (OTCPK:VWDRY)(OTCPK:VWSYF) released its Q3-2021 earnings. Results were generally in line with expectations with Vestas realizing the highest ever quarterly revenue d
Supply chain disruption+subsidies unclear, US wind power installations are expected to plummet next year
Supply chain issues and the uncertainty of tax relief in the Congressional Spending Act are threatening the growth of wind power in the US. Despite strong global demand for renewable energy, many companies are struggling to deliver turbines on budget and plans due to shipping delays, rising costs, and many other factors, and analysts are predicting that the growth of wind power in the US will slow next year. On Wednesday, US wind turbine manufacturer Vestas Wind Systems (Vestas Wind Systems) said supply chain issues would affect its profit margins, and the company's stock price then plummeted 18%. According to the Wall Street Journal,
Copenhagen Closing Stock Prices
Close Change % Change OMX CPH 20 Index 1,797.15 +8.76 +0.49 Index Components ISS A/S 130.70 -0.65 -0.4
Amazon's retail sales surpassed Walmart's first place outside of China
Sina Tech News reported on the morning of August 18, Beijing time, that in the past 12 months, Amazon's retail sales surpassed that of Walmart, making it the largest retail seller outside of China. According to FactSet's estimates, customers spent more than $610 billion on the Amazon platform in the past year, while Walmart's revenue was about $566 billion. Despite this, they're still not the biggest retail seller globally; Alibaba is number one. Spurred by the pandemic, Amazon's revenue increased dramatically over the past year. In the most recent quarter, Amazon's revenue reached 113.1 billion US dollars, easy
US Mormon funds invested in the stock market during the pandemic and made a huge profit of nearly $20 billion
According to the latest regulatory documents, the investment fund Ensign Peak Advisors of the Church of Jesus Christ of Last Day Saints (Mormon) in the US earned another 3 billion US dollars from the stock market in the second quarter of this year, continuing the stock market earnings for 15 consecutive months since the outbreak of the epidemic last year. The Salt Lake City-based investment fund's equity portfolio is currently worth US$49.6 billion, an increase of nearly $20 billion since the outbreak of the pandemic crisis. Investments in these stocks and mutual funds appear to account for a large portion of the assets managed by Ensign Peak, according to a whistleblower in late 2019
There may be subtle changes in policy guidance at the ECB's first meeting after the strategic review.
There is likely to be a heated debate over the impact of the latest monetary policy strategy on short-term policy as policy commissioners decide on the impact of the ECB's two-day meeting on Wednesday. The ECB raised its inflation target to 2 per cent earlier this month and promised to meet it "forcefully or firmly". The challenge is to explain what this strategy means for interest rates and bond purchases. Bloomberg reported last week that divisions broke out within the central bank immediately after the draft policy wording was distributed. Lagarde, the central bank governor, raised expectations by promising "interesting adjustments and changes" in Thursday's policy statements and press conferences. She, too.
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