EnergyWatch

Sydbank: Order comeback for Vestas in Q2

After a "less impressive" order intake in the first quarter, Vestas has made a comeback in Q2.

Photo: Xcel Energy

Jacob Pedersen, share analyst at Danish bank Sydbank, has forecast an order comeback for Vestas. He explains that it "gives confidence that Vestas can also deliver a solid order intake in 2018."

In the second quarter, Vestas managed to publish 19 new orders with a total 2,696 MW capacity, 38 percent more than in the same quarter last year. Besides the announced orders, he expects "unannounced" orders of approximately 500 MW in the quarter.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Ørsted joins the lottery for Thor

The regional director for Europe confirms that the company was among the bidders who are prepared to pay the state treasury to set up the 1,000MW offshore wind farm Thor.

Further reading

Related articles

Latest News

See all jobs