EnergyWatch

Vestas dives, but CEO is optimistic: Wind is increasingly competitive

In the short term, increasing competition is painful, but it will bring more opportunities for Vestas in the long run.

Photo: /Scanpix Ritzau/RUNE AARESTRUP PEDERSEN/

While Vestas is experiencing pressure on earnings in the short term due to increased competition, the company's CEO has a positive outlook.

Wind is getting cheaper and cheaper, making it more attractive in many countries.

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