Home Tag "keeps 2018 forecast"

Vestas profit lags, keeps 2018 forecast

The global wind power industry is undergoing a period of painful readjustment as governments from Europe to Latin America rein in subsidies and turn to competitive tenders, putting pressure on prices throughout the supply chain. COPENHAGEN: Wind turbine maker Vestas reported a bigger-than-expected fall in first-quarter operating profit on Friday hit by fierce competition and […]