Cattle graze in a pasture against a backdrop of wind turbines which are part of the 155 turbine Smoky Hill Wind Farm near Vesper, Kan. Credit: Charlie Riedel/AP

Cattle graze in a pasture against a backdrop of wind turbines which are part of the 155 turbine Smoky Hill Wind Farm near Vesper, Kan.
Credit: Charlie Riedel/AP

In normal times, a months-long slide in energy prices would be enough to rattle a man who makes wind turbines for a living. Yet amid a worldwide glut of cheap fossil fuels, business is blowing strong for Vestas Wind Systems and its CEO, Anders Runevad.

The company posted record gains in 2015 and inked major deals to build wind farms in the United States, Europe, Africa and Asia. That boom in turbine sales was part of a global surge for wind and solar energy, which occurred despite oil, coal and natural gas selling at bargain rates.

“We’re seeing very good momentum across the board globally,” […]

Read the Full Article

No Comments