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Vestas CEO rejects plans to reduce staff

Despite downgrading guidance for the full year and taking an investor bashing of DKK 21 billion, Vestas has no plans to lay off staff despite stating that production must be adapted to the market.

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EU Parliament increases green targets for Europe

The stage is set for a showdown with the member nations, particularly when it comes to the renewable energy directive, after the EU Parliament has today voted for a 35 percent target in 2030 and an equivalent target for energy efficiency.

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