Home Must Reads Vestas no longer top in wind power

Vestas no longer top in wind power

| Print |  Email
Must Reads
Wednesday, March 27, 2013

Vestas lost its world lead in wind power manufacturing to American rival GE-Wind.

Vestas supplied 14 percent of the world market last year for turbines and other parts, topped by GE-Wind, which bolted to a 15.5 percent market share. Vestas had been the world market-share leader since 2000, Navigant reported.

GE Wind benefited from the year-end rush to take advantage of production tax credits in the U.S., which were set to expire. Congress wound up extending the wind tax break for another year, but uncertainty prompted wind developers to speed construction of new projects last year.

The feared expiration of the tax break brought a banner year to Oregon’s wind power industry in 2012, for new installations. While layoffs mounted at Vestas and Iberdrola, a wind power operator that also maintains its North American headquarters in Portland, new wind developments bloomed.

Read more at The Portland Tribune.

{biztweet}vestas{/biztweet}

 

More Articles

The 100 Best Companies survey is open

News
Friday, October 24, 2014

100-best-logo-2015 500pxw-1How does your workplace stack up against competitors? How can you improve workplace practices to help recruit and retain employees? Find out by taking our 100 Best Companies to Work for in Oregon survey!


Read more...

Shuffling the Deck

November/December 2014
Wednesday, October 22, 2014
BY JON BELL

Oregon tribes still bet on casinos.


Read more...

100 Best Nonprofits to Work for in Oregon [VIDEO]

News
Thursday, October 02, 2014

Screen shot 2014-10-02 at 11.17.21 AMMore than 5,500 employees from 180 organizations throughout the state participated in the 100 Best Nonprofits to Work for in Oregon project.


Read more...

Healthcare Perspective

November/December 2014
Wednesday, October 22, 2014
BY KIM MOORE

A conversation with Majd El-Azma, president and CEO of LifeWise Health Plan of Oregon, followed by the Healthcare Powerlist.


Read more...

Podcast: Turn Things Around with David Marquet

Contributed Blogs
Friday, October 17, 2014
davidmarquet thumbBY TOM COX | OB BLOGGER

How can you move from a command-and-control leadership model to one of true empowerment and accountability? David Marquet did, and he took notes along the way.


Read more...

Shifting Ground

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE

Bans on genetically modified crops create uncertainty for farmers.


Read more...

October surprise

News
Sunday, October 12, 2014
roundup-logo-thumb-14BY LINDA BAKER

Cylvia Hayes, tabloid vs. watchdog journalism and the looming threat of a Cascadia earthquake.


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