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Wednesday, April 4, 2012

VESTAS PLAGUED With PROBLEMS

Earlier this year Vestas Wind Systems, (the world’s largest turbine maker) cut 6 percent of its North American work force, because of softening demand for renewable energy projects.
In the face of work force cuts and financial losses approximately four times greater than analysts had expected, the finance chief of Vestas, quit and other directors have decide not to seek re-election to the board.
Vestas plagued with more problems

Vestas slumped in Copenhagen trading after ING Groep NV said the company sent a joint letter with Gamesa Corporacion Tecnologica SA informing clients of manufacturing defects that need repair.
Not only is Vestas having trouble with some of their older model wind turbines but now a New Wind Turbine Model Caught Fire March 30, at a wind farm in Lower Saxony, Germany,
However, Vestas was able to put a positive spin on the turbine fire
Vestas said that safe access to the wind turbine was still possible and that the fire was burning under "controlled conditions."
Vestas is investigating this fire as well as another incident resulting in the injury of a worker at the Macarthur Wind Farm, in Australia
Vestas can confirm that the injured worker was not crushed by a wind turbine or a wind turbine blade,” the company said in a statement.

Sources


BBC NEWS BUSINESS~ Vestas directors quit after losses at wind turbine firm

1 comment:

Anonymous said...

“Vestas can confirm that the injured worker was not crushed by a wind turbine or a wind turbine blade,” the company said in a statement."

How reassuring to the worker's family. He wasn't crushed, just squashed after leaping from the top of a 400 ft blazing turbine.

In an act of unrivaled corporate compassion and sensitivity Vestas sent a 50 inch flatscreen to the family to compensate them for their loss, while also suggesting the packaging could be used for a sarcophagus. What a great idea!

Vestas motto: "No loss too great, no subsidy too small to keep our product spinning."