Wind turbine maker Vestas benefits from climate change action, sees orders jump

Wind turbine maker Vestas’ sales, orders and profit surpassed analysts expectations in the third quarter as the Danish firm enjoys one of its busiest periods on record, lifting its shares nearly 11 percent on Thursday. Demand for renewable power sources has been growing in tandem with global efforts to combat climate change, boosting both Vestas’ orders for new turbines and its service business, where it now maintains roughly 43,000 turbines. “The industry we’re representing is on very very high demand with all the focus on the environment and we see a strong message from most governments,” Chief …read more

Source:: Yahoo Finance

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