in News Departments > New & Noteworthy
print the content item

Vestas has confirmed that it is in talks with Mitsubishi Heavy Industries (MHI) regarding a potential strategic cooperation.

MHI has not confirmed or denied the ongoing dialogue. However, in a statement on its website, the company stated that "none of those reports on the matter are based upon MHI's own announcement."

Vestas, on the other hand, says it will make a company announcement if the dialogue results in an agreement between the two companies.

The company has been experiencing ongoing financial troubles due to a global market slowdown resulting from policy uncertainty, including the possible lapse of the production tax credit in the U.S.


Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?


GE Blade Crashes At Mehoopany Wind Farm In Pennsylvania

The turbine manufacturer says the Nov. 2 incident is "isolated and unrelated" when compared to earlier blade issues.

BG 2015DblBox_id2032
Hybrid Energy Innovations 2015
Renewable NRG_id1934