Home Must Reads Chinese firms consider Vestas takeover

Chinese firms consider Vestas takeover

| Print |  Email
Must Reads
Tuesday, April 17, 2012

A pair of Chinese rivals are considering takeover bids for Vestas Wind Systems.

Danish newspaper Jyllands-Posten reported Monday that Chinese turbine-makers Goldwind and Sinovel, ranked No. 2 and No. 7 in the world, are attracted to Vestas' global footprint and stronger technology.
Vestas, which keeps its North American sales and service headquarters in Portland, has been facing uncertainty and financial turmoil in recent months, due in part the fact that the U.S. Production Tax Credit, an important incentive for wind energy developers, has not been renewed. The credit is set to expire at the end of the year and, despite some attempts to extend it, there's been no action to do so.

Read more at Sustainable Business Oregon.

{biztweet}vestas chinese{/biztweet}

 

More Articles

Community colleges and sustainability

Contributed Blogs
Thursday, July 31, 2014
sustainabilityBY MARY SPILDE | OB GUEST CONTRIBUTOR

Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.


Read more...

Green Endeavor cleans up

News
Wednesday, August 06, 2014
080614 ULnew greenendeavorBY LINDA BAKER | OB EDITOR

Portland startup Green Endeavor strikes gold, inking a partnership with Underwriters Laboratories, an Illinois-based consulting and certification company with offices in 46 countries.


Read more...

What I'm Reading

September 2014
Wednesday, August 27, 2014

Kim Ierian, President of Concorde Career Colleges, and Deborah Edward, Executive Director of Business for Culture & the Arts, share their recent reads.


Read more...

Poll Wrap-Up

News
Friday, August 15, 2014

2014 NewPoll-report-newsletterthumbIn this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.


Read more...

College Hacker

September 2014
Wednesday, August 27, 2014
BY KLINT FINLEY

Treehouse CEO Ryan Carson builds a 21st-century trade school.


Read more...

The Alchemist

September 2014
Tuesday, August 26, 2014
BY LINDA BAKER

David Howitt explains why Portland consumer brands like Stumptown and Voodoo Doughnuts are taking the world by storm.


Read more...

Gender Code

September 2014
Tuesday, August 26, 2014
BY COURTNEY SHERWOOD

Janice Levenhagen-Seeley reprograms tech.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS